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
Hence I conclude, that the best way of binding a free society together,
is by multiplying reciprocal obligations, and creating a general
dependence between all its members. This cannot be better effected, than
by appropriating a certain number of inhabitants, for the production of
the quantity of food required for all, and by distributing the remainder
into proper classes for supplying every other want. I say farther, that
this distribution is not only the most rational, but that mankind fall
naturally into it; and misery attends and has ever attended those who
have been found without a particular employment.
It must not be concluded from this reasoning, that abuse is always
implied when we find any of the classes of the free hands of a state
casually employed in agriculture.
There is such a variety of circumstances in every country, that without
a peculiar talent of laying principles together, so as to answer every
combination, the most perfect theory which can be proposed must appear
defective.
In countries ill-improved, where industry begins to take root, we are
not to conclude, that good policy requires a sudden and immediate
separation between the dwellings of the husbandmen and free hands.
Sudden revolutions are constantly hurtful, and a good statesman ought to
lay down his plan of arriving at perfection by gradual steps.
If he finds, as is the case of rude and uncivilized societies, that many
are occupied, partly, in providing subsistence for their own family,
partly, in other useful pursuits, he may by degrees detach as many as he
can from every other branch of industry, except that of agriculture. The
most wealthy are the most proper to carry this branch to any degree of
perfection. The landed men ought to be encouraged by every means to
apply to the study of farming. This employment has been considered as
honourable in all ages of the world, and very well suits the rank, the
interest, and the amusement of gentlemen.
The next step is to introduce manufactures into the country, and to
provide a ready market abroad for every superfluous part of them. The
allurement of gain will soon engage every one to pursue that branch of
industry which succeeds best in his hands. By these means many will
follow manufactures and abandon agriculture; others will prosecute their
manufactures in the country, and avail themselves at the same time, of
small portions of land, proper for gardens, grass for cows, and even for
producing certain kinds of fruit necessary for their own maintenance.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account