The Principles of Economics, with Applications to Practical ProblemsFetter, Frank A. (Frank Albert)
General
The Principles of Economics, with Applications to Practical Problems
Fetter, Frank A. (Frank Albert)
Economics
4. _The pressure of increase of numbers on resources is confined by
individual industry and by private property to special portions of the
population._ A condition of communism, where all the members of the
tribe or family share equally, means that all enjoy together when food
and wealth are abundant, and all starve together when it becomes scarce.
Along with a fierce enmity for other tribes, is found in many early
societies a close approximation to tribal communism. Private property
alters the nature of the struggle for subsistence and of the motives for
limiting population. Society divides into a number of partially
independent classes or family groups, each holding its share of wealth
apart, not in common with the tribe. A society with private property is
like a ship divided into a number of water-tight compartments. In
communistic conditions if population increases, all sink together into
want. The self-interest of those having private property keeps them from
dividing their property, and starvation is confined to the propertyless
members. This acts in two ways: it increases the motive for the
production of wealth; it gives a motive for the limitation of the
consumers of the wealth. A smaller family with larger resources means a
wider margin between numbers and misery. This converts the problem of
population from a material one of a balance of food and physical needs,
to a psychic one of a balance of motives in the minds of men. When this
stage is reached, the extreme objective limit of the birth-rate or of
increase of population is no longer attained in the well-to-do classes,
although it may still continue to be in the less provident.
[Sidenote: Social classes differ in volitional control]
5. _Volitional control is effective in very different degrees in
different families and industrial classes._ The possession of property
is both a sign of forethought and an incentive to it. Concern for the
welfare of children is one of the most powerful motives, especially
after social distinctions become marked. It may become abnormally
strong, leading parents to sacrifice their own welfare or their own
lives foolishly for their children, as is done often in the accumulation
of property. Among the classes with property the provision for the
children depends not only upon the amount of wealth, but upon the number
among whom it is to be divided. It is simple division: wealth the
dividend, number of children the divisor.
Among the poorer classes very different motives operate. After the first
few years the parents' income is increased by the earnings of the
children, both on the farm and in the factory districts if the laws do
not prohibit child labor. Moreover, when the children are grown, their
wages will depend on the general labor market, not upon the number of
their brothers and sisters. So, according as the family income is from
rents or from wages, the motives of the parents differ.
[Sidenote: Motives in volitional control]
Public-domain text, read in full here on John Shaqi.
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