Principles of Political Economy, Vol. 1Roscher, Wilhelm
History
Principles of Political Economy, Vol. 1
Roscher, Wilhelm
Economics
Of Economy (Husbandry).
All normal economy(104) (husbandry) aims at securing a maximum of personal
advantage with a minimum of cost or outlay.(105) And there are always two
intellectual incentives at the foundation of this economy. There is,
first, self-interest, the positive manifestation of which is the effort to
acquire as much of the world’s goods as possible, and the negative
expression of which, the effort to lose as little of them as
possible—acquisitiveness—saving. Self-interest, losing its moral, and
assuming a guilty, character, degenerates into egotism; acquisitiveness,
into covetousness; and the disposition to save, into avarice—the
_solipsismus_ of Kant. The incentive to ameliorate one’s condition is
common to all men, no matter how varied the form or different the
intensity of its manifestation. It guides us all from the cradle to the
grave. It may be restricted within certain limits, but never entirely
extinguished. It is, in the domain of economy, what the instinct of
self-preservation is to our physical existence, a powerful principle of
creation, preservation and of renewed life (I. Thessal., 4, 11,
seq.).(106) Then there is the incentive of the demand of God’s voice
within us, the voice of conscience, whether we call it, in philosophic
outline “the adumbration of the ideas of equity, right, benevolence, of
perfection and inner freedom,” or, framing our lives in accordance with
them, the striving after the Kingdom of God.(107) It matters not, how much
the image of God may have been disfigured in most men, there is no one in
whom the longing for it has so far disappeared as to leave no trace
behind. This puts bounds to our self-interest, and transmutes it into an
earthly means to enable us to approximate to an eternal ideal.
Public-domain text, read in full here on John Shaqi.
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