[Problems of Poverty by John A. Hobson]@TWC D-Link book
Problems of Poverty

CHAPTER I
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The hardness of the battle of life is attested by this number of old men, and old women, who in spite of a hard-working life are compelled to end their days as the recipients of public charity.
Sec.8.The Diminution of Poverty in the last half century .-- In order to realize the true importance of our subject, it is necessary not only to have some measurement of the extent and nature of poverty, but to furnish ourselves with some answer to the question, Is this poverty increasing or diminishing?
Until a few years ago it was customary not only for platform agitators, but for thoughtful writers on the subject, to assume that "the rich are getting richer, and the poor are getting poorer." This formula was ripening into a popular creed when a number of statistical inquiries choked it.

Prof.Leone Levi, Mr.Giffen, and a number of careful investigators, showed a vast improvement in the industrial condition of the working-classes during the last half century.

It was pointed out that money wages had risen considerably in all kinds of employment; that prices had generally fallen, so that the rise in real wages was even greater; that they worked shorter hours; consumed more and better food; lived longer lives; committed fewer crimes; and lastly, saved more money.

The general accuracy of these statements is beyond question.

The industrial conditions of the working- classes as a whole shows a great advance during the last half century.
Although the evidence upon this point is by no means conclusive, it seems probable that the income of the wage-earning classes as an aggregate is growing even more rapidly than that of the capitalist classes.


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