The World's Greatest Books — Volume 14 — Philosophy and Economics
Philosophy
The World's Greatest Books — Volume 14 — Philosophy and Economics
Economics; Philosophy
The mass of unhappiness among common people must be diminished when one
of the strongest checks to idleness and dissipation is thus removed; and
when institutions which render dependent poverty so lessen the disgrace
which should be attached to it. I feel persuaded that if the poor-laws
had never existed in this country, though there might have been a few
more instances of very severe distress, the aggregate mass of happiness
among the common people would have been much greater than it is at
present.
In view of all these facts I do not propose a law to prevent the poor
from marrying, but I propose a very gradual abolition of the poor laws.
By means of an extending commerce a country may be able to purchase an
increasing quantity of food, and to support an increasing population;
but extension of commerce cannot continue indefinitely; it must be
checked by competition and other economic interference; and as soon as
funds for the maintenance of labour become stationary, or begin to
decline, there will be no means of obtaining food for an increasing
population.
It is the union of the agricultural and commercial systems, and not
either of them taken separately, that is calculated to produce the
greatest national prosperity. A country with an extensive and rich
territory, the cultivation of which is stimulated by improvements in
agriculture, manufactures, and foreign commerce, has such various and
abundant resources that it is extremely difficult to say when they will
reach their limits. There are, however, limits to the capital population
of a country--limits which they must ultimately reach and cannot pass.
To secure a more abundant, and, at the same time, a steadier supply of
grain, a system of corn laws has been recommended, the object of which
is to discourage, by duties or prohibitions, the importation of foreign
corn, and to encourage by bounties the exportation of corn of home
growth.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account