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
La Rochefoucauld, Mandeville and Helvetius never met with a more
determined or energetic adversary. Nowhere have the sweet and amiable
virtues, such as ingenuous condescension, indulgent humanity, and the
respectable and severe virtues, such as disinterestedness and self-control
which subject our movements to the requirements of the dignity of our
nature, been better understood or interpreted. Adam Smith is the
philosopher of sympathy.(46) His theory triumphs over the cowardly and
shameful egotism which concentrates the moral life of the individual in
himself, and separates it from the life of the human race of the _outré_
stoicism which refuses the aid of sentiment to reason.(47) According to
him, the law of private morals is sympathy; the law of natural
jurisprudence, justice; the law of the production of wealth, free labor.
But while he defended this principle with energy, he did not become guilty
of a real recantation by worshiping the idol he had just overthrown. He
would have been culpable of the strangest of all contradictions if he had
made the vice which he had just lacerated the very pivot of another part
of his teaching.
We regret that this essay, which has already very much exceeded the limits
we assigned it in the beginning, will not permit us to reproduce here
Knies’ beautiful demonstration, in which he so learnedly and eloquently
vindicates Adam Smith from this strange imputation, thereby placing
Political Economy on its true basis, the basis of morals, by removing in a
decisive way, all pretext of error and all means of subterfuge. This part
is one of the best features in his most excellent work on “Political
Economy, from the historical Point of View.” We shall return to this
matter.
XIII.
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