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
If we have succeeded in making our meaning clear, by stating a general
truth, not in an abstract form, but as brought out by various instances
of the modes in which it is exhibited, we shall have led the reader to
the conclusion that accumulation, or capital, is absolutely essential to
the profitable employment of labour; and that the greater the
accumulation the greater the extent of that profitable employment. This
truth, however, has been denied altogether by some speculative
writers;--and, what is more important, has been practically denied by
the conduct of nations and individuals in the earlier state of
society,--and is still denied by existing prejudices, derived from the
current maxims of former days of ignorance and half-knowledge. With the
speculative writers we have little to do. When Rousseau, for instance,
advises governments not to secure property to its possessors, but to
deprive them of all means of accumulating, it is sufficient to know that
the same writer advocated the savage state, in which there should be no
property, in preference to the social, which is founded on
appropriation. Knowing this, and being convinced that the savage state,
even with imperfect appropriation, is one of extreme wretchedness, we
may safely leave such opinions to work their own cure. For it is not
likely that any individual, however disposed to think that accumulation
is an evil, would desire, by destroying accumulation, to pass into the
condition, described by John Tanner, of a constant encounter with hunger
in its most terrific forms: and seeing, therefore, the fallacy of such
an opinion, he will also see that, if he partially destroys
accumulation, he equally impedes production, and equally destroys his
share in the productive power of capital and labour working together for
a common good in the social state.
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