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Updated: June 8, 2025
Corrie Grant and myself had a lively discussion, I affirming "That the existence of classes who live upon unearned incomes is detrimental to the welfare of the community, and ought to be put an end to by legislation." Another debate in this very quarrelsome spring of 1887 was a written one in the National Reformer between the Rev.
Furthermore, the unearned increment from land appears in the United States as a gain to the first comers, who have here laid the foundations of a new State. Since the land is a monopoly, the unearned increment lies in the laws of Nature. Then the only question is, Who shall have it? the man who has the ownership by prescription, or some or all others?
It's to-day as if you had taken all the trouble for me and left me at last all the unearned increment or fine psychological gain! But I want so to go on that I deplore your apparent arrest Saint Simon is in forty volumes why should Margot be put in one?
But he appears to think that the normal case, and the one which should govern our general views and policy upon the subject, is that of a man "of refined taste and intellect expanded to the requirements of his position, managing his property with care and judgment, so as to set a feasible example to less wealthy neighbours; prompt to discern and to aid useful undertakings, to succour striving merit, unearned suffering, and overmatched energy."
But too often men have not been content with the usual return, and have planted trees with a view only to the unearned profits. To make an honest living from the sale of oranges or prunes or figs or raisins is quite another thing from acquiring sudden wealth.
The promise of assistance had been lightly given; unearned money is always easily spent; besides, a teacher's salary seemed rolling wealth to the girl who had never had a whole dollar in her life. The question of paying the next year's interest was for the time settled.
It must beware of judging efficiency by immediate and obvious results, must encourage inventions that ripen slowly, genius that stumbles and blunders before succeeding, work that contributes to others' results and makes no showing for itself. It must involve a restriction of the right to unearned incomes.
He had given over for the present the ponderous consideration of knotty abstractions; he totally forgot the unearned increment; and what he was offering to quiet and self-repressed Edith Whyland was being accepted thanks to the training and temperament of his hearer for "small talk." Yes, Abner had broken a large bill and was dealing out the change.
And restore me to Athens, after doing deeds which wipe out all my unearned shame!” The Solon rounded the cape. The headland concealed the city. The Saronian bay opened into the deeper blue of the Ægean and its sprinkling of brown islands. Glaucon looked eastward and strove to forget Attica. Two hours later all Athens seemed reading this placard in the Agora:—
If one questions the legitimacy of loans at interest, one must equally condemn as inadmissible the other forms of profit from capital and lands, and particularly the feudal institutions of the Middle Ages.... It would have been but a logical consequence for the Church to have condemned all forms of unearned revenue. No such conclusion, however, can be properly drawn from the mediæval teaching.
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