Henry George

A bstract . It is contended in Part I that Henry George should be recognized as an original American social theorist. He was a pioneering postmodern contributor to social theory who criticized the linear idea of progress and anticipated Durkheim's concept of the "collective consciousness," He recognized the fateful consequences of the separation of political economy into "economics" and "sociology." These include the loss of moral considerations from political economy , and the rise of a sociology that culminates in the proliferation of meaningless abstractions because it is premised on amoral economic assumptions. His theory' of speculative land value as the cause of civilizations' decline is recapitulated and shown in a larger context. The congruence between George's and Weber's concerns and conceptions is detailed. Part 11 (in the April 1995 issue) concludes by tracing the tragic consequences for modern American social theory, from Spencer to Parsons , that result from confusing the value of commodities with the value of land, of private wealth with social value.