An old master, and other political essaysWilson, Woodrow
Science
An old master, and other political essays
Wilson, Woodrow
Political science; Smith, Adam, 1723-1790; United States -- Politics and government
“The ‘Wealth of Nations,’” declares Mr. Buckle, from whom, for
obvious reasons, I prefer to quote, “displays a breadth of treatment
which those who cannot sympathize with, are very likely to ridicule.
The phenomena, not only of wealth, but also of society in general,
classified and arranged under their various forms; the origin of
the division of labor, and the consequences which that division has
produced; the circumstances which gave rise to the invention of money,
and to the subsequent changes in its value; the history of those
changes traced in different ages, and the history of the relations
which the precious metals bear to each other; an examination of the
connection between wages and profits, and of the laws which govern
the rise and fall of both; another examination of the way in which
these are concerned, on the one hand with the rent of land, and, on
the other hand, with the price of commodities; an inquiry into the
reason why profits vary in different trades, and at different times;
a succinct but comprehensive view of the progress of towns in Europe
since the fall of the Roman Empire; the fluctuations, during several
centuries, in the prices of the food of the people, and a statement
of how it is, that, in different stages of society, the relative cost
of meat and of land varies; the history of corporation laws and of
municipal enactments, and their bearing on the four great classes of
apprentices, manufacturers, merchants, and landlords; an account of
the immense power and riches formerly enjoyed by the clergy, and of
the manner in which, as society advances, they gradually lose their
exclusive privileges; the nature of religious dissent, and the reason
why the clergy of the Established Church can never contend with it on
terms of equality, and, therefore, call on the State to help them, and
wish to persecute when they cannot persuade; why some sects profess
more ascetic principles, and others more luxurious ones; how it was,
that, during the feudal times, the nobles acquired their power, and how
that power has, ever since, been gradually diminishing; how the rights
of territorial jurisdiction originated, and how they died away; how the
sovereigns of Europe obtained their revenue, what the sources of it
are, and what classes are most heavily taxed in order to supply it; the
cause of certain virtues, such as hospitality, flourishing in barbarous
ages, and decaying in civilized ones; the influence of inventions and
discoveries in altering the distribution of power among the various
classes of society; a bold and masterly sketch of the peculiar sort
of advantages which Europe derived from the discovery of America and
of the passage round the Cape; the origin of universities, their
degeneracy from the original plan, the corruption which has gradually
crept over them, and the reason why they are so unwilling to adopt
improvements, and to keep pace with the wants of the age; a comparison
Public-domain text, read in full here on John Shaqi.
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