An Essay on Mediæval Economic TeachingO'Brien, George
History
An Essay on Mediæval Economic Teaching
O'Brien, George
Economics -- History -- To 1800; Property -- History -- To 1500
The growth of a healthy population was made possible by the
reformation of family life, which was one of the greatest achievements
of Christianity in the social sphere. In the early days of the Church
the institution of the family had been reconstituted by moderating the
harshness of the Roman domestic rule (_patria potestas_), by raising
the moral and social position of women, and by reforming the system of
testamentary and intestate successions; and the great importance which
the early Church attached to the family as the basic unit of social
life remained unaltered throughout the Middle Ages.[5]
[Footnote 5: Troplong, _De l'Influence du Christianisme sur le Droit
civil des Romains_; Cossa, _Guide_, p. 99; Devas, _Political Economy_,
p. 168; Périn, _La Richesse dans les Sociétés chrétiennes_, i. 541 _et
seq._; Hettinger, _Apologie du Christianisme_, v. 230 _et seq._]
The Middle Ages were therefore a period when the production of wealth
was looked upon as a salutary and honourable vocation. The wonderful
artistic monuments of that era, which have survived the intervening
centuries of decay and vandalism, are a striking testimony to
the perfection of production in a civilisation in which work was
considered to be but a form of prayer, and the manufacturer was
prompted to be, not a drudge, but an artist.
In the Middle Ages, however, as we have said before, man did not exist
for the sake of production, but production for the sake of man; and
wise consumption was regarded as at least as important as extended
production. The high estimation in which wealth was held resulted in
the elaboration of a highly developed code of regulation as to the
manner in which it should be enjoyed. We do not wish to weary
the reader with a repetition of that which we have already fully
discussed; it is enough to call attention to the fact that the golden
mean of conduct was the observance of liberality, as distinguished,
on the one hand, from avarice, or a too high estimation of material
goods, and, on the other hand, from prodigality, or an undue disregard
for their value. Social virtue consisted in attaching to wealth its
proper value.
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