Thefirsteditionoftheworkwhichachievedthisresultappearedanonymouslyin1798underthetitle——AnEssayonthe
  PrincipleofPopulation,asitaffectsthefutureimprovementofSociety,withremarksonthespeculationsofMrGodwin,
  M。Condorcet,andotherwriters。Thisbookaroseoutofcertainprivatecontroversiesofitsauthorwithhisfather,Daniel
  Malthus,whohadbeenafriendofRousseau,andwasanardentbelieverinthedoctrineofhumanprogressaspreachedby
  CondorcetandotherFrenchthinkersandbytheirEnglishdisciples。ThemostdistinguishedofthelatterwasWilliam
  Godwin,whoseEnquiryconcerningPoliticalJusticehadbeenpublishedin1793。Theviewsputforwardinthatworkhad
  beenrestatedbyitsauthorintheEnquirer(1797),anditwasontheessayinthisvolumeentitled"AvariceandProfusion"
  thatthediscussionbetweenthefatherandthesonarose,"thegeneralquestionofthefutureimprovementofsociety"being
  thusraisedbetweenthem——theelderMalthusdefendingthedoctrinesofGodwin,andtheyoungerassailingthem。Thelatter
  "satdownwithanintentionofmerelystatinghisthoughtsonpaperinaclearermannerthanhethoughthecoulddoin
  conversation,"andtheEssayonpopulationwastheresult。
  ThesocialschemeofGodwinwasfoundedontheideathattheevilsofsocietyarisefromthevicesofhumaninstitutions。
  Thereismorethanenoughofwealthavailableforall,butitisnotequallyshared:onehastoomuch,anotherhaslittleor
  nothing。Letthiswealth,aswellasthelabourofproducingit,beequallydivided;theneveryonewillbymoderateexertion
  obtainsufficientforplainliving;therewillbeabundantleisure,whichwillbespentinintellectualandmoral
  self—improvement;reasonwilldeterminehumanactions;governmentandeverykindofforcewillbeunnecessary;and,in
  time,bythepeacefulinfluenceoftruth,perfectionandhappinesswillbeestablishedonearth。Totheseglowinganticipations
  Malthusopposesthefactsofthenecessityoffoodandthetendencyofmankindtoincreaseuptothelimitoftheavailable
  supplyofit。Inastateofuniversalphysicalwell—being,thistendency,whichinreallifeisheldincheckbythedifficultyof
  procuringasubsistence,wouldoperatewithoutrestraint。Scarcitywouldfollowtheincreaseofnumbers;theleisurewould
  soonceasetoexist;theoldstruggleforlifewouldrecommence;andinequalitywouldreignoncemore。IfGodwin’sideal
  system,therefore,couldbeestablished,thesingleforceottheprincipleofpopulation,Malthusmaintained,wouldsufficeto
  breakitdown。
  Itwillbeseenthattheessaywaswrittenwithapolemicalobject;itwasanoccasionalpamphletdirectedagainsttheutopias
  oftheday,notatallasystematictreatiseonpopulationsuggestedbyapurelyscientificinterest。Asapolemic,itwas
  decidedlysuccessful;itwasnodifficulttasktodisposeoftheschemeofequalitypropoundedbyGodwin。Already,in1761,
  Dr。RobertWallacehadpublishedawork(whichwasamongstthoseusedbyMalthusinthecompositionofhisessay)
  entitledVariousProspectsofMankind,Nature,andProvidence,inwhich,afterspeakingofacommunityofgoodsasa
  remedyfortheillsofsociety,heconfessedthathesawonefatalobjectiontosuchasocialorganization,namely,"the
  excessivepopulationthatwouldensue。"WithCondorcet’sextravagances,too,Malthuseasilydealt。Thateminentman,
  amidstthetempestoftheFrenchRevolution,hadwritten,whilstinhidingfromhisenemies,hisEsquissed’untableau
  historiquedel’esprithumain。Thegeneralconceptionofthisbookmakesitsappearanceanepochinththistoryoftheriseof
  sociology。Init,ifweexceptsomepartialsketchesbyTurgot,(36)isforthefirsttimeexplainedtheideaofatheoryofsocial
  dynamicsfoundedonhistory;anditsauthorisonthisgroundrecognizedbyComteashisprincipalimmediatepredecessor。
  ButintheexecutionofhisgreatprojectCondorcetfailed。Hisnegativemetaphysicspreventhisjustlyappreciatingthepast,
  andheindulges,atthecloseofhiswork,invaguehypothesesrespectingtheperfectibilityofourrace,andinirrational
  expectationsofanindefiniteextensionofthedurationofhumanlife。Malthusseemstohavelittlesenseofthenoblenessof
  Condorcet’sattitude,andnoappreciationofthegrandeurofhisleadingidea。Butofhischimericalhopesheisabletomake
  shortwork;hisgoodsense,ifsomewhatlimitedandprosaic,isatleasteffectualindetectingandexposingutopias。
  Theprojectofaformalanddetailedtreatiseonpopulationwasanafter—thoughtofMalthus。Theessayinwhichhehad
  studiedahypotheticfutureledhimtoexaminetheeffectsoftheprinciplehehadputforwardonthepastandpresentstateof
  society;andheundertookanhistoricalexaminationoftheseeffects,andsoughttodrawsuchinferencesinrelationtothe
  actualstateofthingsasexperienceseemedtowarrant。Theconsequenceofthiswassuchachangeinthenatureand
  compositionoftheessayasmadeit,inhisownlanguage,"anewwork。"Thebook,soaltered,appearedin1803underthe
  title,AnEssayonthePrincipleofPopulation,oraViewofitsPastandPresentEffectsonHumanHappiness;withan
  Enquiryintoourprospectsrespectingthefutureremovalormitigationoftheevilswhichitoccasions。
  Intheoriginalformoftheessayhehadspokenofnocheckstopopulationbutthosewhichcameundertheheadeitherof
  viceorofmisery。Henowintroducesthenewelementofthepreventivechecksuppliedbywhathecalls"moralrestraint,"
  andisthusenabled,ashehimselfsaid,to"softensomeoftheharshestconclusions"atwhichhehadbeforearrived。The
  treatisepassedthroughfiveeditions(37)inhislifetime,andinallofthemheintroducedvariousadditionsandcorrections。
  Thatof1817isthelasthefullyrevised,andpresentsthetextsubstantiallyasithassincebeenreprinted。
  Notwithstandingthegreatdevelopmentwhichhegavetohiswork,andthealmostunprecedentedamountofdiscussionto
  whichitgaverise,itremainsamatterofsomedifficultytodiscoverwhatsolidcontributionhehasmadetoourknowledge,
  norisiteasytoascertainpreciselywhatpracticalprecepts,notalreadyfamiliar,hefoundedonhistheoreticprinciples。This
  twofoldvaguenessiswellbroughtoutinhiscelebratedcorrespondencewithSenior,inthecourseofwhichitseemstobe
  madeapparentthathisdoctrineisnewnotsomuchinitsessenceasinthephraseologyinwhichitiscouched。Hehimself
  tellsusthatwhen,afterthepublicationoftheoriginalessay,themainargumentofwhichhehaddeducedfromHume,
  Wallace,AdamSmith,andPrice,hebegantoinquiremorecloselyintothesubject,hefoundthat"muchmorehadbeen
  done"uponit"thanhehadbeenawareof。"Ithad"beentreatedinsuchamannerbysomeoftheFrencheconomists,
  occasionallybyMontesquieu,and,amongourownwriters,byDr。Franklin,SirJamesSteuart,Mr。ArthurYoung,andMr。
  Townsend,astocreateanaturalsurprisethatithadnotexcitedmoreofthepublicattention。""Much,however,"hethought,
  "remainedyettobedone。Thecomparisonbetweentheincreaseofpopulationandfoodhadnot,perhaps,beenstatedwith
  sufficientforceandprecision,"and"fewinquirieshadbeenmadeintothevariousmodesbywhichthelevel"between
  populationandthemeansofsubsistence"iseffected。"Thefirstdesideratumherementioned——thewant,namely,ofan
  accuratestatementoftherelationbetweentheincreaseofpopulationandthatoffood——Malthusdoubtlesssupposedto
  havebeensuppliedbythecelebratedpropositionthat"populationincreasesinageometrical,foodinanarithmetical,ratio。"
  Thisproposition,however,hasbeenconclusivelyshowntobeerroneous,therebeingnosuchdifferenceoflawbetweenthe
  increaseofmanandthatoftheorganicbeingswhichformhisfood。J。S。MillisindignantwiththosewhocriticiseMalthus’s
  formula,whichhegroundlesslydescribesasamere"passingremark,"because,ashethinks,thougherroneous,itsufficiently
  suggestswhatistrue;butitissurelyimportanttodetectunrealscience,andtoteststrictlythefoundationsofbeliefs。When
  theformulawhichwehavecitedisnotused,othersomewhatnebulousexpressionsarefrequentlyemployed,as,for
  example,that"populationhasatendencytoincreasefasterthanfood,"asentenceinwhichbotharetreatedasiftheywere
  spontaneousgrowths,andwhichonaccountoftheambiguityoftheword"tendency,"isadmittedlyconsistentwiththefact
  assertedbySenior,thatfoodtendstoincreasefasterthanpopulation。Itmustalwayshavebeenperfectlywellknownthat
  populationwillprobably(thoughnotnecessarily)increasewitheveryaugmentationofthesupplyofsubsistence,andmay,in
  someinstances,inconvenientlypressupon,orevenforacertaintimeexceed,thenumberproperlycorrespondingtothat
  supply。Norcoulditeverhavebeendoubtedthatwar,disease,poverty——thelasttwooftentheconsequencesofvice——are
  causeswhichkeeppopulationdown。Infact,thewayinwhichabundance,increaseofnumbers,want,increaseofdeaths,
  succeedeachotherinthenaturaleconomy,whenreasondoesnotintervene,hadbeenfullyexplainedbytheRev。Joseph
  TownsendinhisDissertationonthePoorLaws(1786),which,wehaveseen,wasknowntoMalthus。Again,itissurely
  plainenoughthattheapprehensionbyindividualsoftheevilsofpoverty,orasenseofdutytotheirpossibleoffspring,may
  retardtheincreaseofpopulation,andhasinallcivilizedcommunitiesoperatedtoacertainextentinthatway。Itisonly
  whensuchobvioustruthsareclothedinthetechnicalterminologyof"positive"and"preventivechecks"thattheyappear
  novelandprofound;andyettheyappeartocontainthewholemessageofMalthustomankind。Thelaboriousapparatusof
  historicalandstatisticalfactsrespectingtheseveralcountriesoftheglobe,adducedinthealteredformoftheessay,though
  itcontainsagooddealthatiscuriousandinteresting,establishesnogeneralresultwhichwasnotpreviouslywellknown,
  andisaccordinglyignoredbyJamesMillandothers,whorestthetheoryonfactspatenttouniversalobservation。Indeed,as
  wehaveseen,theentirehistoricalinquirywasanafterthoughtofMalthus,who,beforeenteringonit,hadalready
  announcedhisfundamentalprinciple。
  Itwouldseem,then,thatwhathasbeenambitiouslycalledMalthus’stheoryofpopulation,insteadofbeingagreat
  discovery,assomehaverepresentedit,orapoisonousnovelty,asothershaveconsideredit,isnomorethanaformal
  enunciationofobvious,thoughsometimesneglected,facts。Thepretentiouslanguageoftenappliedtoitbyeconomistsis
  objectionable,asbeingapttomakeusforgetthatthewholesubjectwithwhichitdealsisasyetveryimperfectlyunderstood
  ——thecauseswhichmodifytheforceofthesexualinstinct,andthosewhichleadtovariationsinfecundity,stillawaitinga
  completeinvestigation。(38)
  Itisthelawofdiminishingreturnsfromland(ofwhichmorewillbesaidhereafter),involvingasitdoes——thoughonly
  hypothetically——theprospectofacontinuouslyincreasingdifficultyinobtainingthenecessarysustenanceforallthe
  membersofasociety,thatgivestheprincipalimportancetopopulationasaneconomicfactor。Itis,infact,theconfluenceof
  theMalthusianideaswiththetheoriesofRicardo,especiallywiththecorollarieswhichthelatter,asweshallsee,deduced
  fromthedoctrineofrent(thoughthesewerenotacceptedbyMalthus),thathasledtotheintroductionofpopulationasan
  elementinthediscussionofsomanyeconomicquestionsinrecenttimes。
  Malthushadundoubtedlythegreatmeritofhavingcalledpublicattentioninastrikingandimpressivewaytoasubjectwhich
  hadneithertheoreticallynorpracticallybeensufficientlyconsidered。Butheandhisfollowersappeartohavegreatly
  exaggeratedboththemagnitudeandtheurgencyofthedangerstowhichtheypointed。(39)Intheirconceptionsasinglesocial
  imperfectionassumedsuchportentousdimensionsthanitseemedtoovercloudthewholeheavenandthreatentheworld
  withruin。Thisdoubtlessarosefromhishavingatfirstomittedaltogetherfromhisviewofthequestionthegreat
  counteractingagencyofmoralrestraint。Becauseaforceexists,capable,ifunchecked,ofproducingcertainresults,itdoes
  notfollowthatthoseresultsareimminentorevenpossibleinthesphereofexperience。Abodythrownfromthehandwould,
  underthesingleimpulseofprojection,moveforeverinastraightline;butitwouldnotbereasonabletotakespecialaction
  forthepreventionofthisresult,ignoringthefactthatitwillbesufficientlycounteractedbytheotherforceswhichwillcome
  intoplay。Andsuchotherforcesexistinthecaseweareconsidering。Iftheinherentenergyoftheprincipleofpopulation
  (supposedeverywherethesame)ismeasuredbytherateatwhichnumbersincreaseunderthemostfavourable
  circumstances,surelytheforceoflessfavourablecircumstances,actingthroughprudentialoraltruisticmotives,ismeasured
  bythegreatdifferencebetweenthismaximumrateandthosewhichareobservedtoprevailinmostEuropeancountries。
  Underarationalsystemofinstitutions,theadaptationofnumberstothemeansavailablefortheirsupportiseffectedbythe
  feltoranticipatedpressureofcircumstancesandthefearofsocialdegradation,withinatolerabledegreeofapproximationto
  whatisdesirable。Tobringtheresultnearertothejuststandard,ahighermeasureofpopularenlightenmentandmore
  serioushabitsofmoralreflectionoughtindeedtobeencouraged。Butitisthedutyoftheindividualtohisactualorpossible
  offspring,andnotanyvaguenotionsastothepressureofthenationalpopulationonsubsistence,thatwillbeadequateto
  influenceconduct。
  TheonlyobligationonwhichMalthusinsistsisthatofabstinencefrommarriagesolongasthenecessaryprovisionfora
  familyhasnotbeenacquiredorcannotbereasonablyanticipated。Theideaofpost—nuptialcontinence,whichhassincebeen
  putforwardbyJ。S。Millandothers,isforeigntohisview。Heevensuggeststhatanallowancemightbemadefromthe
  pubicfundsforeverychildinafamilybeyondthenumberofsix,onthegroundthat,whenamanmarries,hecannottellhow
  manychildrenheshallhave,andthatthereieffromanunlooked—fordistressaffordedbysuchagrantwouldnotoperateas
  anencouragementtomarriage。Thedutyofeconomicprudenceinenteringonthemarriedstateisplain;butinthecaseof
  workingmentheideaofasecuredprovisionmustnotbeundulypressed,anditmustalsoberememberedthattheproper
  ageformarriageinanyclassdependsonthedurationoflifeinthatclass。Still,tooearlymarriagesarecertainlynot
  unfrequent,andtheyareattendedwithotherthaneconomicevils,sothatpossiblyevenlegalmeasuresmightwithadvantage
  beresortedtoforpreventingtheminallranksbysomewhatpostponingtheageoffullcivilcompetence——achange,
  however,whichwouldnotbewithoutitsdangers。Ontheotherhand,theMalthusiansoftenspeaktoolightlyofinvoluntary
  celibacy,notrecognisingsufficientlythatitisadeplorablenecessity。Theydonotadequatelyestimatethevalueofdomestic
  lifeasaschoolofthecivicvirtues,andthesocialimportance(evenapartfrompersonalhappiness)ofthemutualaffective
  educationarisingfromtherelationsofthesexesinawell—constitutedunion。
  Malthusfurtherinfersfromhisprinciplesthatstatesshouldnotartificiallystimulatepopulation,andinparticularthat
  poor—lawsshouldnotbeestablished,and,wheretheyexist,shouldbeabolished。Thefirstpartofthispropositioncannotbe
  acceptedasapplyingtoeverysocialphase,foritisevidentthatinacaselikethatofancientRome,wherecontinuous
  conquestwasthechiefoccupationofthenationalactivity,orinotherperiodswhenprotractedwarsthreatenedthe
  independenceorsecurityofnations,statesmenmightwiselytakespecialactionofthekinddeprecatedbyMalthus。In
  relationtomodernindustrialcommunitiesheisdoubtlessingeneralright,thoughthepromotionofimmigrationinnew
  statesissimilarinprincipletotheencouragementofpopulationThequestionofpoor—lawsinvolvesotherconsiderations。
  TheEnglishsystemofhisdaywas,indeed,aviciousone,thoughactinginsomedegreeasacorrectiveofotherevilsinour
  socialinstitutions;andeffortsforitsamendmenttendedtothepublicgood。Buttheproposalofabolitionisonefromwhich
  statesmenhaverecoiled,andwhichgeneralopinionhasneveradopted。Itisdifficulttobelievethatthepresentsystemwill
  bepermanent;itistoomechanicalandundiscriminating;onsomesidestoolax,itisoftenundulyrigorousinthetreatmentof
  theworthypoorwhoarethevictimsofmisfortune;and,initsordinarymodesofdealingwiththeyoung,itisopentograve
  objection。Butitwouldcertainlyberashtoabolishit;itisoneofseveralinstitutionswhichwillmorewiselyberetaineduntil
  thewholesubjectofthelifeoftheworkingclasseshasbeenmorethoroughly,andalsomoresympathetically,studied。The
  positionofMalthuswithrespecttothereliefofdestitutionissubjecttothisgeneralcriticism,that,firstprovingtoomuch,
  hethenshrinksfromtheconsequencesofhisownlogic。itfollowsfromhisarguments,andisindeedexplicitlystatedina
  celebratedpassageofhisoriginalessay,thathewhohasbroughtchildrenintotheworldwithoutadequateprovisionfor
  themshouldbelefttothepunishmentofNature,that"itisamiserableambitiontowishtosnatchtherodfromherhand,"
  andtodefeattheactionofherlaws,whicharethelawsofGod,andwhich"havedoomedhimandhisfamilytosuffer。"
  Thoughhistheoryleadshimtothisconclusion,hecouldnot,asaChristianclergyman,maintainthedoctrinethat,seeingour
  brotherinneed,weoughttoshutupourbowelsofcompassionfromhim;andthusheisinvolvedintheradical
  inconsequenceofadmittingthelawfulness,ifnottheduty,ofrelievingdistressincaseswhereheyetmustregardtheactas
  doingmischieftosociety。Buckle,whowasimposedonbymorethanoneoftheexaggerationsoftheeconomists,accepts
  thelogicalinferencewhichMalthusevaded。Heallegesthattheonlygroundonwhichwearejustifiedinrelievingdestitution
  istheessentiallyself—regardingone,thatbyremainingdeaftotheappealofthesuffererweshouldprobablyblunttheedgeof
  ourownfinersensibilities。
  ItcanscarcelybedoubtedthatthefavourwhichwasatonceaccordedtotheviewsofMalthusincertaincircleswasduein
  parttoanimpression,verywelcometothehigherranksofsociety,thattheytendedtorelievetherichandpowerfulof
  responsibilityfortheconditionoftheworkingclasses,byshowingthatthelatterhadchieflythemselvestoblame,andnot
  eitherthenegligenceoftheirsuperiorsortheinstitutionsofthecountry。Theapplicationofhisdoctrines,too,madebysome
  ofhissuccessorshadtheeffectofdiscouragingallactiveeffortforsocialimprovement。ThusChalmers"reviewsseriatim,
  andgravelysetsasidealltheschemesusuallyproposedfortheameliorationoftheeconomicconditionofthepeople"onthe
  groundthatanincreaseofcomfortwillleadtoanincreaseofnumbers,andsothelaststateofthingswillbeworsethanthe
  first。
  Malthushasinmorerecenttimesderivedacertaindegreeofreflectedlustrefromtheriseandwideacceptanceofthe
  Darwinianhypothesis。Itsauthorhimself,intracingitsfiliation,pointstothephrase"struggleiorexistence"usedbyMalthus
  inrelationtothesocialcompetition。Darwinbelievesthatmanhasadvancedtohispresentrelativelyhighconditionthrough
  suchastruggle,consequentonhisrapidmultiplication。Heregards,itistrue,theagencyofthiscausefortheimprovement
  ofourraceaslargelysupersededbymoralinfluencesinthemoreadvancedsocialstages。Yetheconsidersit,eveninthese
  stages,ofsomuchimportancetowardsthatend,thatnotwithstandingtheindividualsufferingarisingfromthestrugglefor
  life,hedeprecatesanygreatreductioninthenatural,bywhichheseemstomeantheordinary,rateofincrease。
  Therehasbeenoflateexhibitedinsomequartersatendencytoapplythedoctrineofthe"survivalofthefittest"tohuman
  societyinsuchawayastointensifytheharsherfeaturesofMalthus’sexpositionbyencouragingtheideathatwhatever
  cannotsustainitselfisfated,andmustbeallowed,todisappear。Butwhatisrepellentinthisconceptionisremovedbya
  wideviewoftheinfluenceofhumanity,asadisposingpower,alikeonvitalandonsocialconditions。Asinthegeneral
  animaldomainthesupremacyofmanintroducesanewforceconsciouslycontrollingandultimatelydeterminingthedestinies
  ofthesubordinatespecies,sohumanprovidenceinthesocialspherecanintervenefortheprotectionoftheweak,modifying
  byitsdeliberateactionwhatwouldotherwisebeamerecontestofcomparativestrengthsinspiredbyselfishinstincts。(40)
  DavidRicardo(1772—1823)isessentiallyoftheschoolofSmith,whosedoctrinesheinthemainaccepts,whilstheseeksto
  developthem,andtocorrectthemincertainparticulars。ButhismodeoftreatmentisverydifferentfromSmith’s。Thelatter
  aimsatkeepingclosetotherealitiesoflifeashefindsthem,——atrepresentingtheconditionsandrelationsofmenandthings
  astheyare;and,asHumeremarkedonfirstreadinghisgreatwork,hisprinciplesareeverywhereexemplifiedandillustrated
  withcuriousfacts。QuiteunlikethisisthewayinwhichRicardoproceeds。Hemovesinaworldofabstractions。Hesetsout
  frommoreorlessarbitraryassumptions,reasonsdeductivelyfromthese,andannounceshisconclusionsastrue,without
  allowingforthepartialunrealityoftheconditionsassumedorconfrontinghisresultswithexperience。Whenheseeksto
  illustratehisdoctrines,itisfromhypotheticalcases,——hisfavouritedevicebeingthatofimaginingtwocontractingsavages,
  andconsideringhowtheywouldbelikelytoact。Hedoesnotexplain——probablyhehadnotsystematicallyexamined,
  perhapswasnotcompetenttoexamine——theappropriatemethodofpoliticaleconomy;andthetheoreticdefenceofhis
  modeofproceedingwaslefttobeelaboratedbyJ。S。MillandCairnes。Buthisexamplehadagreateffectindeterminingthe
  practiceofhissuccessors。Therewassomethinghighlyattractivetotheambitioustheoristinthesweepingmarchoflogic
  whichseemedinRicardo’shandstoemulatethecertaintyandcomprehensivenessofmathematicalproof,andintheportable
  andpregnantformulaewhichweresoconvenientinargument,andgaveaprompt,ifoftenamoreapparentthanreal,
  solutionofdifficultproblems。WhatevertherewasoffalseornarrowinthefundamentalpositionsofSmithhadbeenina
  greatdegreecorrectedbyhispracticalsenseandstronginstinctforreality,butwasbroughtoutinitsfulldimensionsand
  evenexaggeratedintheabstracttheoremsofRicardoandhisfollowers。
  Thedangersinherentinhismethodwereaggravatedbytheextremeloosenessofhisphraseology。Seniorpronounceshim
  "themostincorrectwriterwhoeverattainedphilosophicaleminence。"Hismostardentadmirersfindhimfluctuatingand
  uncertainintheuseofwords,andgenerallytracehiserrorstoaconfusionbetweentheordinaryemploymentofatermand
  somespecialapplicationofitwhichhehashimselfdevised。
  ThemostcompleteexpositionofhissystemistobefoundinhisPrinciplesofPoliticalEconomyandTaxation(1817)。This
  workisnotacompletetreatiseonthescience,butaratherlooselyconnectedseriesofdisquisitionsonvalueandprice,rent,
  wages,andprofits,taxes,trade,moneyandbanking。Yet,thoughtheconnectionofthepartsisloose,thesamefundamental
  ideasrecurcontinually,anddeterminethecharacteroftheentirescheme。
  Theprincipalproblemtowhichheaddresseshimselfinthisworkisthatofdistribution,——thatistosay,theproportionsof
  thewholeproduceofthecountrywhichwillbeallottedtotheproprietorofland,tothecapitalist,andtothelabourer。(41)Anditisimportanttoobservethatitisespeciallythevariationsintheirrespectiveportionswhichtakeplaceintheprogress
  ofsocietythatheprofessestostudy,——oneofthemostunhistoricalofwritersthusindicatingasenseofthenecessityofa
  doctrineofeconomicdynamics——adoctrinewhich,fromhispointofview,itwasimpossibletosupply。
  Theprinciplewhichheputsfirstinorder,andwhichisindeedthekeytothewhole,isthis——thattheexchangevalueofany
  commoditythesupplyofwhichcanbeincreasedatwillisregulated,underarégimeoffreecompetition,bythelabour
  necessaryforitsproduction。SimilarpropositionsaretobefoundintheWealthofNations,nottospeakofearlierEnglish
  writings。Smithhadsaidthat,"intheearlyandrudestateofsocietywhichprecedesboththeaccumulationofstockandthe
  appropriationofland,theproportionbetweenthequantitiesoflabournecessaryforacquiringdifferentobjectsseemstobe
  theonlycircumstancewhichcanaffordanyruleiorexchangingthemwithoneanother。"Buthewaversinhisconception,
  andpresentsasthemeasureofvaluesometimesthequantityoflabournecessaryfortheproductionoftheobject,sometimes
  thequantityoflabourwhichtheobjectwouldcommandinthemarket,whichwouldbeidenticalonlyforagiventimeand
  place。Thetheoremrequirescorrectionforadevelopedsocialsystembytheintroductionoftheconsiderationofcapital,and
  takestheforminwhichitiselsewherequotedfromMalthusbyRicardo,thattherealpriceofacommodity"dependsonthe
  greaterorlessquantityofcapitalandlabourwhichmustbeemployedtoproduceit。"(Theexpression"quantityofcapital"is
  lax,theelementoitimebeingomitted,butthemeaningisobvious。)Ricardo,however,constantlytakesnonoticeofcapital,
  mentioninglabouraloneinhisstatementofthisprinciple,andseekstojustifyhispracticebytreatingcapitalas"accumulated
  labour;"butthisartificialwayofviewingthefactsobscuresthenatureoftheco—operationofcapitalinproduction,andby
  keepingthenecessityofthisco—operationoutofsighthasencouragedsomesocialisticerrors。Ricardodoesnotsufficiently
  distinguishbetweenthecauseordeterminantandthemeasureofvalue;nordoeshecarrybacktheprincipleofcostof
  productionasregulatorofvaluetoitsfoundationintheeffectofthatcostonthelimitationofsupply。Itisthe"naturalprice"
  ofacommoditythatisfixedbythetheoremwehavestated;themarketpricewillbesubjecttoaccidentalandtemporary
  variationsfromthisstandard,dependingonchangesindemandandsupply;butthepricewillpermanentlyandinthelong
  run,dependoncostofproductiondefinedasabove。OnthisbasisRicardogoesontoexplainthelawsaccordingtowhich
  theproduceofthelandandthelabourofthecountryisdistributedamongsttheseveralclasseswhichtakepartin
  production。
  Thetheoryofrent,withwhichhebegins,thoughcommonlyassociatedwithhisname,andthoughitcertainlyformsthemost
  vitalpartofhisgeneraleconomicscheme,wasnotreallyhis,nordidhelayclaimtoit。Hedistinctlystatesintheprefaceto
  thePrinciples,that"in1815Mr。Malthus,inhisInquiryintotheNatureandProgressofRent,andafellowofUniversity
  College,Oxford,inhisEssayontheApplicationofCapitaltoLand,presentedtotheworld,nearlyatthesamemoment,the
  truedoctrineofrent。"ThesecondwriterherereferredtowasSirEdwardWest,afterwardsajudgeofthesupremecourtof
  Bombay。StillearlierthanthetimeofMalthusandWest,asM’Cullochhaspointedout,thisdoctrinehadbeenclearly
  conceivedandfullystatedbyDr。JamesAndersoninhisEnquiryintotheNatureofCorn—Laws,publishedatEdinburghin
  1777。(42)ThatthistractwasunknowntoMalthusandWestwehaveeveryreasontobelieve;butthetheoryiscertainlyas
  distinctlyenunciatedandassatisfactorilysupportedinitasintheirtreatises;andthewholewayinwhichitisputforwardby
  AndersonstrikinglyresemblestheforminwhichitispresentedbyRicardo。