Thoughts on Political Economy; In Two Parts Volume 1

Thoughts on Political Economy; In Two Parts Volume 1

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1820 edition. Excerpt: ... other race, that the more upon an equality, are all the competitors, the greater will be the competition between them. "Above all things," says lord Bacon, "good policy is to he used, that the treasures and monies in a state, he not gathered into few hands, otherwise, a state may have a great stock, and yet starve." Such is, in a great measure, the present condition of England. The annual product of British industry, is no doubt abundantly suflicient to supply all the people with the necessaries and comforts of life, provided there was any thing like an equal and just distribution of it; but, in consequence of laws of primegeniture, entail, and other laws, tending to accumulate property in the hands of individuals; one man possesses a revenue of a hundred thousand pounds a year, and a thousand others are in want of the neces saries of life, without the means of obtaining them, even by their own industry. One class of citizens are wallowing in wealth, and rioting in luxury, while another class is oppressed by poverty, and depending on charity for subsistence. Such will never be the effect of an adherence to the laws of nature, as far as practicable in civil government. lf once in every generation, all the property in the kingdom, had-been equally divided among all the children of the proprietors, there never could have been any such overgrown estates. The natural equality of man would have been preserved, at least, to a very great extent. Every man would have depended, in a great degree, upon his own industry, for his enjoyment of the necessaries and comforts of life. There would have been such an equality in the distribution of the product of industry, as to have afl"orded each one a comfortable share. more

Product details

  • Paperback | 120 pages
  • 189 x 246 x 6mm | 227g
  • United States
  • English
  • black & white illustrations
  • 1236780531
  • 9781236780539