The causes of poverty / by Callaghan McCarthy.

  • McCarthy, Callaghan.
Date:
1908
Catalogue details

Licence: In copyright

Credit: The causes of poverty / by Callaghan McCarthy. Source: Wellcome Collection.

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    Million pounds’ worth. Services embodied in the more permanent forms of property 264 Services directed towards the prevention of evil 75 Services unproductively consumed ... 500 Balances of services productively con- sumed 911 Total ... 1,750 From this, it may be seen that the people of the United Kingdom invest 264 million pounds and spend 1,486 million pounds—575 million pounds on the prevention of evil and unproductive consumption, and only 911 million pounds on productive consump- tion. In other words, the prevention of evil and unproductive consumption demand about two-fifths (575-1,486ths) of the services annually used up; whilst productive consumption, whose scarcity has been shown to be the immediate cause of poverty, is confined to the remaining three-fifths. LIBRARY
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