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It Is Not Wicked to Be Rich (LFB) by William Graham Sumner; Chris Mayer; Jeffrey A. Tucker is a book available to read on EtoBox.

What is It Is Not Wicked to Be Rich (LFB) about?

William Graham Sumner (1840-1910) was a sociologist at Yale University, a historian of American banking, and great expositor of classical liberalism. Yes, this is the man often dismissed today as an outmoded "social Darwinist" -- and this book shows why it is so important to the statists that his work is not given a fair hearing. The original title of this book, first published in 1883, was What the Social Classes Owe to Each Other, and it asks a crucially important does any class or interest group have the duty and burden of fighting the battles of life for any other class or of solving the social problems to the satisfaction of any other class or group? (The title of this Laissez Faire Books edition, It Is Not Wicked to Be Rich, is taken from Sumner's argument, and more directly addresses the rhetoric of today.) Sumner saw that the assumption of group obligation was destined to be a driving force behind the rise of social management in the future. Capital owes labor, the rich owe the poor, producers owe consumers, one sex owes another, one race owes another, this country owes that country, and so on ad infinitum. How right he was, how incredibly prescient, to see this coming. The

Author

William Graham Sumner; Chris Mayer; Jeffrey A. Tucker

Publisher

Laissez Faire Books

Published

2012

Language

EN

ISBN

9781621290193

Updated

2026-03-25