Principles of Political EconomyPerry, Arthur Latham
General
Principles of Political Economy
Perry, Arthur Latham
Economics
Government, then, is an _Agent_, and nothing more. Even nationalists
will not contend for the divine right of kings. And the duties of
every decent government on earth are _political_ in their character.
The agents are chosen and dismissed with a direct reference to that
kind of action. Politics has a sphere wholly distinct from Economics.
The true and only end of politics is the greatest good of the greatest
number, so far as that end can be mediated by governmental agents of
the people. Individualism as such does indeed sink out of sight under
a true Politics, and the inalienable rights of one are maintained for
the sake of and in consistency with the greater rights of all. But
Economics is all individuals from beginning to end. "_It takes two to
make a bargain._" Only two. Each of the two has his own motive,
estimates for himself, gives and takes for himself, and enjoys alone
his own gain. All this is involved in the very idea of _Property_,
which is derived from _proprius_, and which means _one's own_. How
illogical, then, and incongruous, to suppose, that a set of limited
human agents briefly trained to purely _political_ action, and liable
to be turned out of office by every change in party administration,
can be competent at the same time and in addition to perform
_economical_ functions for the people!
Notice, too, that governmental agents in all good countries are
already _overburdened_ with their mere political duties. Work is
behindhand in every portfolio, on every court calendar, and in every
legislative body, in Christendom. How absurd it is, therefore, to talk
about throwing upon shoulders, already overburdened, additional loads
of a different kind, for which shoulders and heads are wholly
unfitted!
Why not, then, inquires our nationalist innovator, organize new
bureaus to undertake in their behalf the buying and selling of the
people? Ah! Who pays the taxes needful for the support of the present
_political_ bureaus? And who would have to pay the taxes needful for
the support of the new _economical_ bureaus? Besides not having any
substantive existence of its own Government has not one cent of money,
except what the people voluntarily pay in taxes out of their own
personal gains, in order to maintain their own agents to do certain
political things for them, which they cannot do as well for themselves
directly; and when it comes to the cold question for the people
themselves to answer, whether they will organize a new set of hired
men to do their trading for them, and pay them for doing this out of
aggregate gains certainly to be vastly diminished by the process, our
nationalistic leaders will perhaps find out that the people have
common sense, whether the said leaders have it or not.
Public-domain text, read in full here on John Shaqi.
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