Manual of social science; being a condensation of the "Principles of social science" of . quires to eat it, thegreater, as it is held, must be the prosperity of all. As anecessary consequence, the little proprietor disappears andthe hired laborer takes his place, the trader and the annui-tant becoming more and more masters of those who need tosell their labor. Inequality grows daily, the separation be-tween the highest and lowest portions of society becomingmore complete as land becomes more and more consolidated,and more and more burthened with mortgages, entails, andsettlements. The
Manual of social science; being a condensation of the "Principles of social science" of . quires to eat it, thegreater, as it is held, must be the prosperity of all. As anecessary consequence, the little proprietor disappears andthe hired laborer takes his place, the trader and the annui-tant becoming more and more masters of those who need tosell their labor. Inequality grows daily, the separation be-tween the highest and lowest portions of society becomingmore complete as land becomes more and more consolidated,and more and more burthened with mortgages, entails, andsettlements. The policy of the country being based uponthe cheapening of raw materials, and those materials beingalways low in price in barbarous countries, the reader willreadily see that every step in that direction leads towardsbarbarism. Therefore it is that it has given rise to the un-christian and UBphilosophical doctrines of the Bicardo-Mal-thusian school. I 6. The road to civilization lies in the direction of the ap-proximation of the prices of raw materials and finished pro- FreeeUnn. PAF2S. R A a Massachusetts. LAND. Lcmd vahtd&sS. Land high in value. duets, that being always accompanied by a rise in the pricesof labor and land, an increase in the proportion borne by fixedto floating capital, and an increase in the rapidity of circula- 388 CHAPTER, XXXTIl. § 1. tion. Such being the case, a policy based upon cheapeningthe raw materials of manufactures—food, wool, and labor—should tend towards barbarism and slavery : that it does so,the reader will be satisfied in an examination of the precedingdiagram :— Passing from left to right we find a steady rise in the pricesof land and labor, a diminished necessity for the services ofthe trader, an extension of cultivation over the richer soils,an incessant activity of circulation, and an increase in thepower of man, the free proprietor taking the place that firstwas occupied by the wretched being who had been slave toboth nature an
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Keywords: ., bookcentury1800, bookdecade1870, booksubjecteconomics, bookyear18
