Principles of Political Economy, with Some of Their Applications to Social Philosophy, Volume 1D. Appleton, 1891 - Economics |
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Common terms and phrases
Adam Smith advantage agricultural amount applied capitalist causes circulating capital condition considerable consumed consumption cultivation degree demand desire of accumulation diminished division of labour duction ductive employment England equal equivalent eral exertion exist expenditure expense extent farms favourable fixed capital flax France fund greater gross produce human hundred quarters idle class improvement increase individual industry interest intestacy joint stock companies kind labour employed labouring classes land less limited machinery maize mankind manufacture manure material means ment mode natural agents necessary obtained occupation operations peasant persons plough political economy Poor Law population portion possess present principle productive labour productive power productiveness of labour profit proportion proprietors quantity remuneration render require saving slavery small farmer social society soil subsistence sufficient supply suppose surplus taxes things thousand tion unproductive vate velvet wages wealth whole workmen
Popular passages
Page 466 - ... first, the agreeableness or disagreeableness of the employments themselves; secondly, the easiness and cheapness, or the difficulty and expense of learning them; thirdly, the constancy or inconstancy of employment in them; fourthly, the small or great trust which must be reposed in those who exercise them; and, fifthly, the probability or improbability of success in them.
Page 291 - sacredness of property " is talked of, it should always be remembered, that any such sacredncss does not belong in the same degree to landed property. No man made the land. It is the original inheritance of the whole species. Its appropriation is wholly a question of general expediency. When private property in land is not expedient, it is unjust.
Page 531 - Happily, there is nothing in the laws of Value which remains for the present or any future writer to clear up; the theory of the subject is complete...
Page 254 - It is not so with the distribution of wealth. That is a matter of human institution solely. The things once there, mankind, individually or collectively, can do with them as they like.
Page 165 - ... life it has been the sole business to perform them is usually much greater. The rapidity with which some of the operations of those manufactures are performed exceeds what the human hand could, by those who had never seen them, be supposed capable of acquiring.
Page 264 - Private property, in every defence made of it, is supposed to mean, the guarantee to individuals, of the fruits of their own labor and abstinence. The guarantee to them of the fruits of the labor and abstinence of others, transmitted to them without any merit or exertion of their own...
Page 264 - The laws of property have never yet conformed to the principles on which the justification of private property rests. They have made property of things which never ought to be property, and absolute property where only a qualified property ought to exist.
Page 258 - The word Socialism, which originated among the English Communists, and was assumed by them as a name to designate their own doctrine, is now, on the Continent, employed in a larger sense; not necessarily implying Communism, or the entire abolition of private property, but applied to any system which requires that the land and the instruments of production should be the property, not of individuals, but of communities or associations, or of the government.
Page 440 - Every one has a right to live. We will suppose this granted. But no one has a right to bring creatures into life, to be supported by other people.
Page 351 - Give a man the secure possession of a bleak rock, and he will turn it into a garden; give him a nine years' lease of a garden, and he will convert it into a desert.