The International Magazine, Volume 2, No. 3, February, 1851Various
History
The International Magazine, Volume 2, No. 3, February, 1851
Various
Art, Modern -- 19th century -- Periodicals; Literature, Modern -- 19th century -- Periodicals; Science -- History -- Periodicals
Before proceeding to give an account of this performance, we will more
particularly show what was, at the date of its publication, the
condition of the science it was designed to illustrate. Mr. Malthus had
taught that population tended to increase faster than food, and that so
irresistible was this tendency, that all human efforts to restrain the
number of men within the limits of subsistence were vain. It was a great
"law of nature," and it was of little consequence, therefore, how fast
food might be increased, since the only effect must be to stimulate
population, which, in the end, was sure to outrun the means of living.
The impression which this work produced has been briefly noticed in what
we have written in connection with Mr. Alexander H. Everett's reply to
it, printed in London and Boston in 1822. The doctrine was a convenient
one, for it relieved the directors of affairs from the charge of
causing, or suffering, the poverty and wretchedness by which they were
surrounded.
Soon after this, Mr. Ricardo attempted to explain by what means the
supply of food was limited. He taught that men always commenced the work
of cultivation on the most fertile soils, capable of yielding, say, one
hundred quarters for a given quantity of labor; but that as population
increased, it became necessary to resort to poorer soils, yielding but
ninety quarters, and that then the owner of the first could command as
rent ten quarters. With a further increase, lands of a third quality,
yielding but eighty quarters, were brought into use, and then the first
and second would command as rent the whole difference, say, twenty
quarters for the first, and ten quarters for the second. The payment of
rent is thus regarded, in this school, as an evidence of constantly
diminishing reward of labor, resulting from the increase of population
in consequence of which it is necessary to extend the area of
cultivation. With each step of its progress, the owner of the land takes
a larger proportion of this constantly decreasing product, leaving a
smaller one to be divided among those who apply either labor or capital
to cultivation, thus producing a constant increase in the _inequality_
of human condition. The interests of the landlord are in this manner
shown to be for ever opposed to those of all the other portions of
society. Rent is supposed to be paid because land has been occupied in
virtue of an exercise of power and not because the owners have done any
thing to entitle them to it. Here we see the germ of that discord which
everywhere in Europe exists between the payers and receivers of rent.
The annual fund from which savings can be made is held to be continually
diminishing, the poor becoming poorer as the rich grow richer. The
tendency to increase is more powerful in population than in capital, and
the natural result must be that "wages will be reduced so low that a
portion of the population will regularly die of want."[25]
Public-domain text, read in full here on John Shaqi.
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