An Inquiry into the Principles of Political Oeconomy (Vol. 1 of 2): Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxesSteuart, James, Sir
History
An Inquiry into the Principles of Political Oeconomy (Vol. 1 of 2): Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxes
Steuart, James, Sir
Economics
Population and agriculture have so close a connexion with one another,
that I find even the abuses to which they are severally liable,
perfectly similar. I have observed how naturally it must happen, that
when too many of a society propagate, a part must starve; when too many
cultivate, a part must starve also. Here is the reason:
The more of a people cultivate a country, the smaller portion of it must
fall to every man’s share; and when these portions are reduced so low as
to produce no more than what is necessary to feed the labourers, then
agriculture is stocked to the utmost.
From this I divide agriculture into two branches; the one useful, the
other abusive. The first is a trade, that is, a method of producing not
only subsistence for the labourers, but also a surplus to be provided
for the free hands of the state, for their subsistence, and for an
equivalent either in work itself, or for the produce of it. The second
is no trade, because it implies no alienation, but is purely a method of
subsisting. If, therefore, in any country where agriculture is exercised
as a trade, and where there are many free hands, the farmers should be
allowed to multiply up to the proportion of the whole produce; would not
all the free hands be forced to starve? What would be the advantage of
having so many farmers; for there is one evident loss? Every one would
be entirely taken up in feeding himself, wants would disappear; life
indeed would be simplified to the last degree, but the bond of society,
mutual dependence, would be dissolved: therefore I call this species
abusive, in proportion as these effects are produced. I cite several
examples of this abusive agriculture in different countries, where I
take occasion to observe, that the christian virtue, charity, in
proportion to its extent, is as conducive to multiplication as either
slavery, or industry: whatever gives food must give numbers. I do not
say that charity is conducive to industry.
[Sidenote: CHAP. XV.]
I next apply these general principles to a particular representation
given of the state of population in the British isles; from which I
conclude, that population there is not obstructed, either by losses
sustained from war and commerce, or from the exportation of their
subsistence, but from the political situation of that country, which
throws it at present into a moral incapacity of augmenting in numbers.
[Sidenote: CHAP. XVI.]
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