Principles of Political Economy, Vol. 2Roscher, Wilhelm
General
Principles of Political Economy, Vol. 2
Roscher, Wilhelm
Economics
I read, a short time ago, the life of a North-German
noblemen who, in 1813, had fought bravely against the
French, "although he was a man of large estates, and the
enemy might therefore very easily have laid hands on them."
If this "although" of his eulogist expressed the actual
feeling of large landed proprietors, a great many old
political institutions would have lost all foundation.
_Ad. Müller_ was of opinion that the rights of
primogeniture, etc., might be an obstacle in the way of the
development of the net income of a nation's economy; but
that they gave to the state and to the national life the
warlike tone so necessary to them, etc. (Elemente, II, 90.)]
[Footnote 202-4: "The Roman capitalists on whom Pompey
counted, left him in the lurch at the moment of danger,
because Cæsar destroyed only the constitution, but respected
their business relations." (_K. W. Nitsch._)]
[Footnote 202-5: _Kosegarten_, Nat. Oek., 186, thinks that,
on account of the struggle between the labor interest and
the interest of capitalists, in our times, the "fourth
estate" is not as well represented by persons belonging to
the propertied classes as the constitutionalist party
thinks. And in fact, _Jarke_, Principienfragen, 1854, 197,
would have it represented by the government, in order to
prevent the struggle between rich and poor. See
_Cherbuliez_, Riche ou Pauvre, p. 242 seq.]
[Footnote 202-6: _A. Walker_ shows, in a very happy manner,
how no misfortune, however great, whether it come from
heaven or from earth, in the shape of pestilence, drought,
flood or oppressive taxation, so rapidly and hopelessly
ruins a nation's economy as when the harmony which should
exist between capital and labor is disturbed by foul play or
legal frauds between labor or capital and their reward. (Sc.
of Wealth, 66.)]
[Footnote 202-7: Compare _Lotz_, Revision, III, 322 ff.,
327, 334 ff. Handbuch, I, 511 ff. _Lafitte_, Sur la
Réduction de la Rente, 56. _Fuoco_ exaggerates this into the
principle: _che la distribuzione, e non la produzione, sia
la prima e principal operazione in economia_. (Saggi
economici, II, p. 44.)]
CHAPTER VII.
DISTRIBUTION OF NATIONAL INCOME.
SECTION CCIII.
EFFECT OF AN EQUAL DIVISION OF THE NATIONAL INCOME.
The best distribution of the national income among a people is that
which enables them to enjoy the greatest amount and variety of real
goods, and permanently to produce real goods in an increasing quantity
and variety.
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