Principles of Political EconomyPerry, Arthur Latham
General
Principles of Political Economy
Perry, Arthur Latham
Economics
A will practically have all he can do, so far as B is concerned, to
fulfil in the letter and in the spirit his economical obligations to
him, without troubling himself to see whether B is going to vote the
same party ticket that he himself votes, and without confounding
either B's poverty or prosperity with his own obligation to be polite
to him at all times and to pay him promptly his weekly stipend. So
long as B renders in letter and in spirit what he has agreed to
render, and A returns in the same way what he has promised to return,
the less either thinks and talks and acts about the other in all the
other relations of life, the better hope of good success to both in
this relation. Church relations and social relations and political
relations are all of consequence in themselves; but when any of these
begin to get mixed up with labor-relations, there is soon a muss and a
mess. Incongruous things, things no way vitally connected with that,
often come in to disturb and destroy a simple matter of mutual
renderings.
(a) The first practical remedy for difficulties arising under this
first head, is a clearer separation in the mind of both parties to a
trade of what really belongs to Buying and Selling from what belongs
to all other departments of activity. More common sense is needed at
this point, more simple analysis, more daylight, more personal
independence, more introspection as to motives, more power in making
distinctions, and a more practical separation of what is clear and
fixed from what is complex and obscure in human relations. Metaphysics
may yet lie in cloud-land, Ethics may not yet have drawn its outer and
interior lines so strong and deep as it will, Sociology also is a vast
field of complexities, but truth to tell Economics has no mysteries to
speak of. I buy and sell for my own advantage, which proves in the
nature of things to be for the equal advantage of my compeer. It is my
business and my compeer's business and every other man's business who
buys and sells, to pick that action out in its motive and result from
the great mass of dubious actions, and to set it up in its own light,
to rejoice in it as the clearest thing in social action, to claim it
as God's own plan so far forth for our comfort and progress, and then
to see to it that no preposterous hand mixes it up with perplexities
or theologies or other abominations--muddying with a tentative pole
the stream of our clear brook! In this country at least, in its
ignorance of common things and common science, the pulpit often
fulminates against the gains of exchange as "materialism," and mixes
up buying and selling with "worldliness," and only half permits its
deluded hearers the privileges of the market, and illustrates again in
modern times such teaching as is denounced to St. Timothy,--"_some
swerving turned aside to vain babbling, desiring to be teachers of the
Law, understanding neither what they say, nor whereof they affirm_."
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