The Camel and the Needle's EyePonsonby, Arthur Ponsonby, Baron
Philosophy
The Camel and the Needle's Eye
Ponsonby, Arthur Ponsonby, Baron
Wealth; Wealth -- Moral and ethical aspects
Setting aside self-indulgence, the chief pleasure of riches is said
to be the enjoyment of the power they give. This power, which we are
trying to prove is only a power for harm, is associated with a sense of
individual superiority. Whether in charity, philanthropy, patronage,
or investment producing further gain, the predominant experience for
the individual is personal triumph. It is not unjust to condemn the
appreciation of power such as this as a low form of pleasure not only
for its pure selfishness, but because triumph in this connection
implies control of other individuals and power to gain advantage at
their cost. It is a form of self-glorification and exultation which
simply means that to have wealth is to have the whip hand.
No one hopes for or expects complete repression of self, but in
any corporate action for a common object, where there is a certain
necessary self-repression, the satisfaction to the individual is
unquestionably higher and purer. At any rate, the idealisation of a
personal pre-eminence and ascendancy which is supported on the clay
feet of material possessions is idolatry of the most dangerous type.
There is, moreover, attached to the possession of wealth another
sort of power which is even more dangerous from the public and
national point of view, but which is valued and appreciated even by
those who recognise that sheer hedonism defeats its own object. It
is the pressure which capital can bring to bear on the machinery of
government. Private commercial interests can translate themselves into
political influence both in particular constituencies and nationally
through propaganda and the Press. They can foster the Imperialist
spirit, which may mean the acquisition of more territory and the
opening out of fresh markets for the investment of their capital.
Meanwhile these enthusiastic Imperialists can pose as patriots,
although the further filling of their pockets, and not the nation’s
honour, is their objective. “The economic root of Imperialism,” says
a modern economist,[13] “is the desire of strong organised industrial
and financial interests to secure and develop at the public expense and
by the public force private markets for their surplus goods and their
surplus capital. War, militarism, and a spirited foreign policy are the
necessary means to this end.”
Imperialism, which depends on rousing the pugnacious and combative
instincts latent in any people by exaggerating international
differences and jealousies, is the national expression, under the guise
of patriotism, of the desire for gain, territorial aggrandisement,
profit and enrichment. It represents everything, in fact, that
corresponds to the love of money-making in the individual. There is
money even to be got out of arming your enemies, and there is no
squeamishness shown about investing money in this way.
Public-domain text, read in full here on John Shaqi.
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