On The Principles of Political Economy, and TaxationRicardo, David
General
On The Principles of Political Economy, and Taxation
Ricardo, David
Economics
In those countries where there is abundance of fertile land, but where,
from the ignorance, indolence, and barbarism of the inhabitants, they
are exposed to all the evils of want and famine, and where it has been
said that population presses against the means of subsistence, a very
different remedy should be applied from that which is necessary in long
settled countries, where, from the diminishing rate of the supply of raw
produce, all the evils of a crowded population are experienced. In the
one case, the misery proceeds from the inactivity of the people. To be
made happier, they need only to be stimulated to exertion; with such
exertion, no increase in the population can be too great, as the powers
of production are still greater. In the other case, the population
increases faster than the funds required for its support. Every exertion
of industry, unless accompanied by a diminished rate of increase in the
population, will add to the evil, for production cannot keep pace with
it.
In some countries of Europe, and many of Asia, as well as in the islands
in the South Seas, the people are miserable, either from a vicious
government or from habits of indolence, which make them prefer present
ease and inactivity, though without security against want, to a moderate
degree of exertion, with plenty of food and necessaries. By diminishing
their population, no relief would be afforded, for productions would
diminish in as great, or even in a greater, proportion. The remedy for
the evils under which Poland and Ireland suffer, which are similar to
those experienced in the South Seas, is to stimulate exertion, to create
new wants, and to implant new tastes; for those countries must
accumulate a much larger amount of capital, before the diminished rate
of production will render the progress of capital necessarily less rapid
than the progress of population. The facility with which the wants of
the Irish are supplied, permits that people to pass a great part of
their time in idleness: if the population were diminished, this evil
would increase, because wages would rise, and therefore the labourer
would be enabled, in exchange for a still less portion of his labour, to
obtain all that his moderate wants require.
Public-domain text, read in full here on John Shaqi.
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