A Contribution to the Critique of Political EconomyMarx, Karl
Philosophy
A Contribution to the Critique of Political Economy
Marx, Karl
Economics; Marxian economics
condition of trade, because “Dissenters ... are ... patient Men, and
such as believe that Labour and Industry is their Duty towards God,”
and “They believe that ... for those who have less Wealth, to think
they have the more Wit and Understanding, especially of the things
of God which they think chiefly belong to the Poor.” “From whence it
follows that Trade is not fixt to any species of Religion as such; but
rather ... to the Heterodox part of the whole” (l. c., p. 262-264). He
advocates an “allowance by Publick Tax” for those “who live by begging,
cheating, stealing, gaming, borrowing without intention of restoring,”
because “it were more for the publick profit” to tax the country for
such persons “than to suffer them to spend extravagantly, at the only
charge of careless, credulous, and good natured People” (p. 269-270).
But he is opposed to taxes which transfer the wealth from industrious
people “to such as do nothing at all, but eat and drink, sing, play,
and dance; nay such as study the Metaphysicks” (ibid.). Petty’s
writings are rarities of the bookseller’s trade and are to be found
only in scattered poor old editions, which is the more surprising since
William Petty was not only the father of English Political Economy,
but also the ancestor of Henry Petty, alias Marquis of Lansdowne, the
nestor of the English Whigs. However, the Lansdowne family could hardly
bring out a complete edition of Petty’s works without prefacing it
with his biography, and what can be said of most origins of the great
Whig families holds good also in this case, viz., “the less said of
them the better.” The keen-witted but cynical army surgeon who was as
ready to plunder in Ireland under the shield of Cromwell as to crawl
before Charles II. to get the title of baron which he needed for his
plunderings, is a model hardly fit for public exhibition. Besides that,
Petty seeks to prove in most of his writings which he published in his
lifetime, that England’s prosperity reached its climax under Charles
II., a heterodox view for the hereditary exploiters of the “glorious
revolution.”
[18] In contrast with the “black art of finance” of his time,
Boisguillebert says: “La science financière n’est que la connaissance
approfondie des intérêts de l’agriculture et du commerce.” Le Détail de
la France, 1697. Eugène Daire’s edition of Economistes financiers du
XVIII. siècle, Paris, 1843, vol. I., p. 241.
[19] But not _Romance_ Political Economy, since the Italians reproduce
the contrast between the English and French economists in the two
respective schools of Naples and Milan, while the Spaniards of the
earlier period are either pure Mercantilists; modified mercantilists
like Ustariz; or, like Jovellanos (see his Obras, Barcelona, 1839-40),
hold to the “golden mean” with Adam Smith.
Public-domain text, read in full here on John Shaqi.
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