Principles of Political Economy, Vol. 1Roscher, Wilhelm
History
Principles of Political Economy, Vol. 1
Roscher, Wilhelm
Economics
Man is free.—1789 put in action the sublime precept of the gospel. He
holds his destiny in his own hands. But the rights which he enjoys impose
new duties on him. If _equality_ be the sentiment which predominates in
our day, we should take care not to confound it with the leveling of
Communism. Nor is it externally to us, but within ourselves, that it
should be developed, by intellectual and moral culture.
History preserves the student from being led astray by a too servile
adherence to any system. It exposes the folly of the “social contract,”
and of the idyllic dreams of the advantages of savage life. It shows that
nature, instead of being prodigal of her treasures, distributes them with
a niggardly hand, and that it is necessary to conquer her by labor,
intelligence and patience before we can control her.
It shows us human liberty growing stronger every day, thanks to moral and
intellectual progress, supported by the two powerful props of property,
the complement of man, the material reflection of his spiritual power; and
capital, the fruit of abstinence, the symbol of moral power and the result
of enlightened activity.
History walks with a firm step, because it feels secure in a knowledge of
the laws of human nature, and in its experience of the successive
manifestations of social life. Instead of the vagueness of ideal
conceptions, it allows us to grasp and to appreciate what is real in life.
It does not confine itself to the study of man. It makes us acquainted
with _men_, whose wants extend and are ennobled in proportion to the
perfection of their faculties. The feelings and the intellect are
simultaneously developed in man. The savage is the most egotistical of
men.
Hence, we believe that Political Economy cannot dispense with the services
of morals and philosophy, of history and law; for these are branches of
one common trunk, through all of which the self-same sap circulates.
V.
The isolation of the theory of Political Economy is peculiar to our own
day. In more remote times, we find this study confounded with the other
moral sciences, of which it was an integral part. When the genius of Adam
Smith gave it a distinct character, he did not desire to separate it from
those branches of knowledge without which it could only remain a bleached
plant from the absence of the sunlight of ethics.
We must renounce the singular idea,(24) that thousands of years could pass
away without leaving any trace of what enlightened men had thought and
elaborated in the matter of Political Economy, among so many nations, and
that people should never have thought of cultivating this rich
intellectual domain, while in every other direction, it is easy for us to
ascend by a road already cleared up to the most remote antiquity.
Public-domain text, read in full here on John Shaqi.
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