Principles of Political Economy: Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy — John Stuart Mill — John Shaqi
Principles of Political Economy: Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
John Stuart Mill · en
But though land is not the produce of industry, most of its valuable
qualities are so. Labor is not only requisite for using, but almost
equally so for fashioning, the instrument. Considerable labor is often
required at the commencement, to clear the land for cultivation. In many
cases, even when cleared, its productiveness is wholly the effect of labor
and art. One of the barrenest soils in the world, composed of the material
of the Goodwin Sands, the Pays de Waes in Flanders, has been so fertilized
by industry as to have become one of the most productive in Europe.
Cultivation also requires buildings and fences, which are wholly the
produce of labor. The fruits of this industry can not be reaped in a short
period. The labor and outlay are immediate, the benefit is spread over
many years, perhaps over all future time. A holder will not incur this
labor and outlay when strangers and not himself will be benefited by it.
If he undertakes such improvements, he must have a sufficient period
before him in which to profit by them; and he is in no way so sure of
having always a sufficient period as when his tenure is perpetual.
These are the reasons which form the justification, in an economical point
of view, of property in land. It is seen that they are only valid in so
far as the proprietor of land is its improver. Whenever, in any country,
the proprietor, generally speaking, ceases to be the improver, political
economy has nothing to say in defense of landed property, as there
established.