Principles of Political Economy, Vol. 1 — John Shaqi
Principles of Political Economy, Vol. 1Roscher, Wilhelm
History
Principles of Political Economy, Vol. 1
Roscher, Wilhelm
Economics
The people, therefore, think; and it is, therefore, a matter of importance
that they should think aright. It is of importance, that they should be
guarded against fallacious Utopian promises. Henceforth, there is no
security for the stability of the world but in the contentment of minds.
There is no rest for mankind, unless men will understand the conditions of
their destiny; unless, instead of running,
“Toujours insatiable et jamais assouvis,”
after the intoxicating cup of material enjoyment—for wants not governed by
the intellect and the heart are infinite in number, and the gratification
of one gives birth to another—they submit to the law of sacrifice, and
give play to the noblest faculty with which the Creator has endowed us,
moral empire over self.
We shall meet on this road, hard of ascent, not only peace of soul, but
goods, more real and more numerous, than those with which the allurements
of error would dazzle our eyes. The greatest obstacles to be overcome are
not material ones, but moral difficulties. As Franklin says, in substance,
he that tells you you can succeed, in any way but by labor and economy, is
a quack.
But labor is more productive in proportion as it is more intelligent, as
hand and mind keep pace with each other, as good moral habits generate
order and voluntary discipline.
Economy is sacrifice, binding the present to the future, widening the
horizon of thought, inspiring foresight, lengthening the lever of human
activity, by providing it with new instruments.
Life ceases to be a worry about how the body shall be sustained, and the
material world becomes the shadow of the spiritual. The former is made to
serve the latter, and man’s free effort lifts him into a higher region of
thought, and into a larger field of action. The more mind there is put
into a piece of work, says Channing, the more it is worth.
We, men of to-day, are lookers-on at a marvelous spectacle. Steam furrows
the earth. Industry has taken an immense start. Mechanical force bends the
most rebellious materials. Chemistry, physics and the natural sciences are
discovering a new world. But whence all this? What is the principle of
this new life? We answer: intellectual and moral progress. Mind has grown;
the soul has been expanded. God has permitted man to be free, and
furnished him with the means to be so.
Thus man, as Mignet has said, becomes that mighty creature to whom God has
given the earth for the vast theater of his action, the universe as the
inexhaustible object of his knowledge, the forces of nature for the
growing service of his wants, by allowing him, by ever increasing
information, to obtain an ever increasing amount of well-being.
Public-domain text, read in full here on John Shaqi.
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