Knowledge is power : $b A view of the productive forces of modern society and the results of labor, capital and skill.Knight, Charles
Philosophy
Knowledge is power : $b A view of the productive forces of modern society and the results of labor, capital and skill.
Knight, Charles
Industrial arts; Industries
There is an account in Foster's Essays of a man who, having by a short
career of boundless extravagance dissipated every shilling of a large
estate which he inherited from his fathers, obtained possession again of
the whole property by a course which the writer well describes as a
singular illustration of decision of character. The unfortunate
prodigal, driven forth from the home of his early years by his own
imprudence, and reduced to absolute want, wandered about for some time
in a state of almost unconscious despair, meditating self-destruction,
till he at last sat down upon a hill which overlooked the fertile fields
that he once called his own. "He remained," says the narrative, "fixed
in thought a number of hours, at the end of which he sprang from the
ground with a vehement exulting emotion. He had formed his resolution,
which was, that all these estates should be his again; he had formed his
plan, too, which he instantly began to execute." We shall show, by and
by, how this plan worked in detail;--it will be sufficient, just now, to
examine the principles upon which it was founded. He looked to no freak
of fortune to throw into his lap by chance what he had cast from him by
wilfulness. He neither trusted to inherit those lands from their present
possessor by his favour, nor to wring them from him by a course of law.
He was not rash and foolish enough to dream of obtaining again by force
those possessions which he had exchanged for vain superfluities. But he
resolved to become once more their master by the operation of the only
principle which could give them to him in a civilized society. He
resolved to obtain them again by the same agency through which he had
lost them--by exchange. But what had he to exchange? His capital was
gone, even to the uttermost farthing; he must labour to obtain new
capital. With a courage worthy of imitation he resolved to accept the
very first work that should be offered to him, and, however low the
wages of that work, to spend only a part of those wages, leaving
something for a store. The day that he made this resolution he carried
it into execution. He found some service to be performed--irksome,
doubtless, and in many eyes degrading. But he had a purpose which made
every occupation appear honourable, as every occupation truly is that is
productive of utility. Incessant labour and scrupulous parsimony soon
accumulated for him a capital; and the store, gathered together with
such energy, was a rapidly increasing one. In no very great number of
years the once destitute labourer was again a rich proprietor. He had
earned again all that he had lost. The lands of his fathers were again
his. He had accomplished his plan.
Public-domain text, read in full here on John Shaqi.
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