PreliminaryRemarks
Ineverydepartmentofhumanaffairs,PracticelongprecedesSciencesystematicenquiryintothemodesofactionofthepowersofnature,isthetardyproductofalongcourseofeffortstousethosepowersforpracticalends。Theconception,accordingly,ofPoliticalEconomyasabranchofscienceisextremelymodern;
butthesubjectwithwhichitsenquiriesareconversanthasinallagesnecessarilyconstitutedoneofthechiefpracticalinterestsofmankind,and,insome,amostundulyengrossingone。
ThatsubjectisWealth。WritersonPoliticalEconomyprofesstoteach,ortoinvestigate,thenatureofWealth,andthelawsofitsproductionanddistribution:including,directlyorremotely,theoperationofallthecausesbywhichtheconditionofmankind,orofanysocietyofhumanbeings,inrespecttothisuniversalobjectofhumandesire,ismadeprosperousorthereverse。NotthatanytreatiseonPoliticalEconomycandiscussorevenenumerateallthesecauses;butitundertakestosetforthasmuchasisknownofthelawsandprinciplesaccordingtowhichtheyoperate。
Everyonehasanotion,sufficientlycorrectforcommonpurposes,ofwhatismeantbywealth。Theenquirieswhichrelatetoitareinnodangerofbeingconfoundedwiththoserelatingtoanyotherofthegreathumaninterests。Allknowthatitisonethingtoberich,anotherthingtobeenlightened,brave,orhumane;thatthequestionshowanationismadewealthy,andhowitismadefree,orvirtuous,oreminentinliterature,inthefinearts,inarms,orinpolity,aretotallydistinctenquiries。
Thosethings,indeed,areallindirectlyconnected,andreactupononeanother。Apeoplehassometimesbecomefree,becauseithadfirstgrownwealthy;orwealthy,becauseithadfirstbecomefree。Thecreedandlawsofapeopleactpowerfullyupontheireconomicalcondition;andthisagain,byitsinfluenceontheirmentaldevelopmentandsocialrelations,reactsupontheircreedandlaws。Butthoughthesubjectsareinveryclosecontact,theyareessentiallydifferent,andhaveneverbeensupposedtobeotherwise。
Itisnopartofthedesignofthistreatisetoaimatmetaphysicalnicetyofdefinition,wheretheideassuggestedbyatermarealreadyasdeterminateaspracticalpurposesrequire。
But,littleasitmightbeexpectedthatanymischievousconfusionofideascouldtakepLaceonasubjectsosimpleasthequestion,whatistobeconsideredasweaLth,itismatterofhistory,thatsuchconfusionofideashasexisted—thattheoristsandpracticalpoLiticianshavebeenequallyandatoneperioduniversally,infectedbyit,andthatformanygenerationsitgaveathoroughlyfaLsedirectiontothepolicyofEurope。I
refertothesetofdoctrinesdesignated,sincethetimeofAdamSmith,bytheappellationoftheMercantileSystem。
Whilethissystemprevailed,itwasassumed,eitherexpresslyortacitly,inthewholepolicyofnations,thatwealthconsistedsolelyofmoney;orofthepreciousmetals,which,whennotalreadyinthestateofmoney,arecapableofbeingdirectlyconvertedintoit。Accordingtothedoctrinesthenprevalent,whatevertendedtoheapupmoneyorbullioninacountryaddedtoitswealth。Whateversentthepreciousmetalsoutofacountryimpoverishedit。Ifacountrypossessednogoldorsilvermines,theonlyindustrybywhichitcouldbeenrichedwasforeigntrade,beingtheonlyonewhichcouldbringinmoney。Anybranchoftradewhichwassupposedtosendoutmoremoneythanitbroughtin,howeverampleandvaluablemightbethereturnsinanothershape,waslookeduponasalosingtrade。Exportationofgoodswasfavouredandencouraged(evenbymeansextremelyoneroustotherealresourcesofthecountry),because,theexportedgoodsbeingstipulatedtobepaidforinmoney,itwashopedthatthereturnswouldactuallybemadeingoldandsilver。
Importationofanything,otherthanthepreciousmetals,wasregardedasalosstothenationofthewholepriceofthethingsimported;unlesstheywerebroughtintobere—exportedataprofit,orunless,beingthematerialsorinstrumentsofsomeindustrypractisedinthecountryitself,theygavethepowerofproducingexportablearticlesatsmallercost,andtherebyeffectingalargerexportation。Thecommerceoftheworldwaslookeduponasastruggleamongnations,whichcoulddrawtoitselfthelargestshareofthegoldandsilverinexistence;andinthiscompetitionnonationcouldgainanything,exceptbymakingothersloseasmuch,or,attheleast,preventingthemfromgainingit。
Itoftenhappensthattheuniversalbeliefofoneageofmankind—abelieffromwhichnoonewas,norwithoutanextraordinaryeffortofgeniusandcourage,couldatthattimebefree—becomestoasubsequentagesopalpableanabsurdity,thattheonlydifficultythenistoimaginehowsuchathingcaneverhaveappearedcredible。Ithassohappenedwiththedoctrinethatmoneyissynonymouswithwealth。Theconceitseemstoopreposteroustobethoughtofasaseriousopinion。Itlookslikeoneofthecrudefanciesofchildhood,instantlycorrectedbyawordfromanygrownperson。Butletnoonefeelconfidentthathewouldhaveescapedthedelusionifhehadlivedatthetimewhenitprevailed。Alltheassociationsengenderedbycommonlife,andbytheordinarycourseofbusiness,concurredinpromotingit。SoLongasthoseassociationsweretheonlymediumthroughwhichthesubjectwaslookedat,whatwenowthinksogrossanabsurdityseemedatruism。Oncequestioned,indeed,itwasdoomed;butnoonewaslikelytothinkofquestioningitwhosemindhadnotbecomefamiliarwithcertainmodesofstatingandofcontemplatingeconomicalphenomena,whichhaveonlyfoundtheirwayintothegeneralunderstandingthroughtheinfluenceofAdamSmithandofhisexpositors。
Incommondiscourse,wealthisalwaysexpressedinmoney。Ifyouaskhowrichapersonis,youareansweredthathehassomanythousandpounds。Allincomeandexpenditure,allgainsandlosses,everythingbywhichonebecomesricherorpoorer,arereckonedasthecominginorgoingoutofsomuchmoney。Itistruethatintheinventoryofaperson’sfortuneareincluded,notonlythemoneyinhisactualpossession,orduetohim,butallotherarticlesofvalue。These,however,enter,notintheirowncharacter,butinvirtueofthesumsofmoneywhichtheywouldsellfor;andiftheywouldsellforless,theirownerisreputedlessrich,thoughthethingsthemselvesarepreciselythesame。Itistrue,also,thatpeopledonotgrowrichbykeepingtheirmoneyunused,andthattheymustbewillingtospendinordertogain。Thosewhoenrichthemselvesbycommerce,dosobygivingmoneyforgoodsaswellasgoodsformoney;andthefirstisasnecessaryapartoftheprocessasthelast。Butapersonwhobuysgoodsforpurposesofgain,doessotosellthemagainformoney,andintheexpectationofreceivingmoremoneythanhelaidout:togetmoney,therefore,seemseventothepersonhimselftheultimateendofthewhole。Itoftenhappensthatheisnotpaidinmoney,butinsomethingelse;havingboughtgoodstoavalueequivalent,whicharesetoffagainstthosehesold。
Butheacceptedtheseatamoneyvaluation,andinthebeliefthattheywouldbringinmoremoneyeventuallythanthepriceatwhichtheyweremadeovertohim。Adealerdoingalargeamountofbusiness,andturningoverhiscapitalrapidly,hasbutasmallportionofitinreadymoneyatanyonetime。Butheonlyfeelsitvaluabletohimasitisconvertibleintomoney:heconsidersnotransactioncloseduntilthenetresultiseitherpaidorcreditedinmoney……whenheretiresfrombusinessitisintomoneythatheconvertsthewhole,andnotuntilthendoeshedeemhimselftohaverealizedhisgains:justasifmoneyweretheonlywealth,andmoney’sworthwereonlythemeansofattainingit。Ifitbenowaskedforwhatendmoneyisdesirable,unlesstosupplythewantsorpleasuresofoneselforothers,thechampionofthesystemwouldnotbeatallembarrassedbythequestion。True,hewouldsay,thesearetheusesofwealth,andverylaudableuseswhileconfinedtodomesticcommodities,becauseinthatcase,byexactlytheamountwhichyouexpend,youenrichothersofyourcountrymen。Spendyourwealth,ifyouplease,inwhateverindulgencesyouhaveatastefor。butyourwealthisnottheindulgences,itisthesumofmoney,ortheannualmoneyincome,withwhichyoupurchasethem。
Whilethereweresomanythingstorendertheassumptionwhichisthebasisofthemercantilesystemplausible,thereisalsosomesmallfoundationinreason,thoughaveryinsufficientone,forthedistinctionwhichthatsystemsoemphaticallydrawsbetweenmoneyandeveryotherkindofvaluablepossession。Wereally,andjustly,lookuponapersonaspossessingtheadvantagesofwealth,notinproportiontotheusefulandagreeablethingsofwhichheisintheactualenjoyment,buttohiscommandoverthegeneralfundofthingsusefulandagreeable;
thepowerhepossessesofprovidingforanyexigency,orobtaininganyobjectofdesire。Now,moneyisitselfthatpower;
whileallotherthings,inacivilizedstate,seemtoconferitonlybytheircapacityofbeingexchangedformoney。Topossessanyotherarticleofwealth,istopossessthatparticularthing,andnothingelse:ifyouwishforanotherthinginsteadofit,youhavefirsttosellit,ortosubmittotheinconvenienceanddelay(ifnottheimpossibility)offindingsomeonewhohaswhatyouwant,andiswillingtobarteritforwhatyouhave。Butwithmoneyyouareatonceabletobuywhateverthingsareforsale:
andonewhosefortuneisinmoney,orinthingsrapidlyconvertibleintoit,seemsbothtohimselfandotherstopossessnotanyonething,butallthethingswhichthemoneyplacesitathisoptiontopurchase。Thegreatestpartoftheutilityofwealth,beyondaverymoderatequantity,isnottheindulgencesitprocures,butthereservedpowerwhichitspossessorholdsinhishandsofattainingpurposesgenerally;andthispowernootherkindofwealthconferssoimmediatelyorsocertainlyasmoney。Itistheonlyformofwealthwhichisnotmerelyapplicabletosomeoneuse,butcanbeturnedatoncetoanyuse。
Andthisdistinctionwasthemorelikelytomakeanimpressionupongovernments,asitisoneofconsiderableimportancetothem。Acivilizedgovernmentderivescomparativelylittleadvantagefromtaxesunlessitcancollecttheminmoney:andifithaslargeorsuddenpaymentstomake,especiallypaymentsinforeigncountriesforwarsorsubsidies,eitherforthesakeofconqueringorofnotbeingconquered(thetwochiefobjectsofnationalpolicyuntilalateperiod),scarcelyanymediumofpaymentexceptmoneywillservethepurpose。Allthesecausesconspiretomakebothindividualsandgovernments,inestimatingtheirmeans,attachalmostexclusiveimportancetomoney,eitherinesseorinposse,andlookuponallotherthings(whenviewedaspartoftheirresources)scarcelyotherwisethanastheremotemeansofobtainingthatwhichalone,whenobtained,affordstheindefinite,andatthesametimeinstantaneous,commandoverobjectsofdesire,whichbestanswerstotheideaofwealth。
Anabsurdity,however,doesnotceasetobeanabsurditywhenwehavediscoveredwhatweretheappearanceswhichmadeitplausible;andtheMercantileTheorycouldnotfailtobeseeninitstruecharacterwhenmenbegan,eveninanimperfectmanner,toexploreintothefoundationsofthings,andseektheirpremisesfromelementaryfacts,andnotfromtheformsandphrasesofcommondiscourse。Sosoonastheyaskedthemselveswhatisreallymeantbymoney—whatitisinitsessentialcharacters,andtheprecisenatureofthefunctionsitperforms—theyreflectedthatmoney,likeotherthings,isonlyadesirablepossessiononaccountofitsuses;andthatthese,insteadofbeing,astheydelusivelyappear,indefinite,areofastrictlydefinedandlimiteddescription,namely,tofacilitatethedistributionoftheproduceofindustryaccordingtotheconvenienceofthoseamongwhomitisshared。Furtherconsiderationshowedthattheusesofmoneyareinnorespectpromotedbyincreasingthequantitywhichexistsandcirculatesinacountry;theservicewhichitperformsbeingaswellrenderedbyasmallasbyalargeaggregateamount。Twomillionquartersofcornwillnotfeedsomanypersonsasfourmillions;
buttwomillionsofpoundssterlingwillcarryonasmuchtraffic,willbuyandsellasmanycommodities,asfourmillions,thoughatlowernominalprices。Money,asmoney,satisfiesnowant;itsworthtoanyone,consistsinitsbeingaconvenientshapeinwhichtoreceivehisincomingsofallsorts,whichincomingsheafterwards,atthetimeswhichsuithimbest,convertsintotheformsinwhichtheycanbeusefultohim。Greatasthedifferencewouldbebetweenacountrywithmoney,andacountryaltogetherwithoutit,itwouldbeonlyoneofconvenience;asavingoftimeandtrouble,likegrindingbywaterpowerinsteadofbyhand,or(touseAdamSmith’sillustration)
likethebenefitderivedfromroads;andtomistakemoneyforwealth,isthesamesortoferrorastomistakethehighwaywhichmaybetheeasiestwayofgettingtoyourhouseorlands,forthehouseandlandsthemselves。
Money,beingtheinstrumentofanimportantpublicandprivatepurpose,isrightlyregardedaswealth;buteverythingelsewhichservesanyhumanpurpose,andwhichnaturedoesnotaffordgratuitously,iswealthalso。Tobewealthyistohavealargestockofusefularticles,orthemeansofpurchasingthem。
Everythingformsthereforeapartofwealth,whichhasapowerofpurchasing;forwhichanythingusefuloragreeablewouldbegiveninexchange。Thingsforwhichnothingcouldbeobtainedinexchange,howeverusefulornecessarytheymaybe,arenotwealthinthesenseinwhichthetermisusedinPoliticalEconomy。Air,forexample,thoughthemostabsoluteofnecessaries,bearsnopriceinthemarket,becauseitcanbeobtainedgratuitously:toaccumulateastockofitwouldyieldnoprofitoradvantagetoanyone;andthelawsofitsproductionanddistributionarethesubjectofaverydifferentstudyfromPoliticalEconomy。Butthoughairisnotwealth,mankindaremuchricherbyobtainingitgratis,sincethetimeandlabourwhichwouldotherwiseberequiredforsupplyingthemostpressingofallwants,canbedevotedtootherpurposes。Itispossibletoimaginecircumstancesinwhichairwouldbeapartofwealth。Ifitbecamecustomarytosojournlonginplaceswheretheairdoesnotnaturallypenetrate,asindiving—bellssunkinthesea,asupplyofairartificiallyfurnishedwould,likewaterconveyedintohouses,bearaprice:andiffromanyrevolutioninnaturetheatmospherebecametooscantyfortheconsumption,orcouldbemonopolized,airmightacquireaveryhighmarketablevalue。Insuchacase,thepossessionofit,beyondhisownwants,wouldbe,toitsowner,wealth;andthegeneralwealthofmankindmightatfirstsightappeartobeincreased,bywhatwouldbesogreatacalamitytothem。Theerrorwouldlieinnotconsidering,thathoweverrichthepossessorofairmightbecomeattheexpenseoftherestofthecommunity,allpersonselsewouldbepoorerbyallthattheywerecompelledtopayforwhattheyhadbeforeobtainedwithoutpayment。
Thisleadstoanimportantdistinctioninthemeaningofthewordwealth,asappliedtothepossessionsofanindividual,andtothoseofanation,orofmankind。Inthewealthofmankind,nothingisincludedwhichdoesnotofitselfanswersomepurposeofutilityorpleasure。Toanindividualanythingiswealth,which,thoughuselessinitself,enableshimtoclaimfromothersapartoftheirstockofthingsusefulorpleasant。Take,forinstance,amortgageofathousandpoundsonalandedestate。
Thisiswealthtothepersontowhomitbringsinarevenue,andwhocouldperhapssellitinthemarketforthefullamountofthedebt。Butitisnotwealthtothecountry;iftheengagementwereannulled,thecountrywouldbeneitherpoorernorricher。
Themortgageewouldhavelostathousandpounds,andtheownerofthelandwouldhavegainedit。Speakingnationally,themortgagewasnotitselfwealth,butmerelygaveAaclaimtoaportionofthewealthofB。ItwaswealthtoA,andwealthwhichhecouldtransfertoathirdperson;butwhathesotransferredwasinfactajointownership,totheextentofathousandpounds,inthelandofwhichBwasnominallythesoleproprietor。Thepositionoffundholders,orownersofthepublicdebtofacountry,issimilar。Theyaremortgageesonthegeneralwealthofthecountry。Thecancellingofthedebtwouldbenodestructionofwealth,butatransferofit:awrongfulabstractionofwealthfromcertainmembersofthecommunity,fortheprofitofthegovernment,orofthetax—payers。Fundedpropertythereforecannotbecountedaspartofthenationalwealth。Thisisnotalwaysborneinmindbythedealersinstatisticalcalculations。
Forexample,inestimatesofthegrossincomeofthecountry,foundedontheproceedsoftheincome—tax,incomesderivedfromthefundsarenotalwaysexcluded:thoughthetax—payersareassessedontheirwholenominalincome,withoutbeingpermittedtodeductfromittheportionleviedfromthemintaxationtoformtheincomeofthefundholder。Inthiscalculation,therefore,oneportionofthegeneralincomeofthecountryiscountedtwiceover,andtheaggregateamountmadetoappeargreaterthanitisbyalmostthirtymillions。Acountry,however,mayincludeinitswealthallstockheldbyitscitizensinthefundsofforeigncountries,andotherdebtsduetothemfromabroad。Buteventhisisonlywealthtothembybeingapartownershipinwealthheldbyothers。Itformsnopartofthecollectivewealthofthehumanrace。Itisanelementinthedistribution,butnotinthecomposition,ofthegeneralwealth。
Anotherexampleofapossessionwhichiswealthtothepersonholdingit,butnotwealthtothenation,ortomankind,isslaves。Itisbyastrangeconfusionofideasthatslaveproperty(asitistermed)iscounted,atsomuchperhead,inanestimateofthewealth,orofthecapital,ofthecountrywhichtoleratestheexistenceofsuchproperty。Ifahumanbeing,consideredasanobjectpossessingproductivepowers,ispartofthenationalwealthwhenhispowersareownedbyanotherman,hecannotbelessapartofitwhentheyareownedbyhimself。Whateverheisworthtohismasterissomuchpropertyabstractedfromhimself,anditsabstractioncannotaugmentthepossessionsofthetwotogether,orofthecountrytowhichtheybothbelong。Inproprietyofclassification,however,thepeopleofacountryarenottobecountedinitswealth。Theyarethatforthesakeofwhichitswealthexists。Thetermwealthiswantedtodenotethedesirableobjectswhichtheypossess,notinclusiveof,butincontradistinctionto,theirownpersons。Theyarenotwealthtothemselves,thoughtheyaremeansofacquiringit。
Ithasbeenproposedtodefinewealthassignifying"instruments:"meaningnottoolsandmachineryalone,butthewholeaccumulationpossessedbyindividualsorcommunities,ofmeansfortheattainmentoftheirends。Thus,afieldisaninstrument,becauseitisameanstotheattainmentofcorn。Cornisaninstrument,beingameanstotheattainmentofflour。Flourisaninstrument,beingameanstotheattainmentofbread。Breadisaninstrument,asameanstothesatisfactionofhungerandtothesupportoflife。Hereweatlastarriveatthingswhicharenotinstruments,beingdesiredontheirownaccount,andnotasmeremeanstosomethingbeyond。Thisviewofthesubjectisphilosophicallycorrect;orrather,thismodeofexpressionmaybeusefullyemployedalongwithothers,notasconveyingadifferentviewofthesubjectfromthecommonone,butasgivingmoredistinctnessandrealitytothecommonview。Itdeparts,however,toowidelyfromthecustomoflanguage,tobelikelytoobtaingeneralacceptance,ortobeofuseforanyotherpurposethanthatofoccasionalillustration。
Wealth,then,maybedefined,allusefuloragreeablethingswhichpossessexchangeablevalue;or,inotherwords,allusefuloragreeablethingsexceptthosewhichcanbeobtained,inthequantitydesired,withoutlabourorsacrifice。Tothisdefinition,theonlyobjectionseemstobe,thatitleavesinuncertaintyaquestionwhichhasbeenmuchdebated——whetherwhatarecalledimmaterialproductsaretobeconsideredaswealth:whether,forexample,theskillofaworkman,oranyothernaturaloracquiredpowerofbodyormind,shallbecalledwealth,ornot:aquestion,notofverygreatimportance,andwhich,sofarasrequiringdiscussion,willbemoreconvenientlyconsideredinanotherplace。
Thesethingshavingbeenpremisedrespectingwealth,weshallnextturnourattentiontotheextraordinarydifferencesinrespecttoit,whichexistbetweennationandnation,andbetweendifferentagesoftheworld;differencesbothinthequantityofwealth,andinthekindofit;aswellasinthemannerinwhichthewealthexistinginthecommunityissharedamongitsmembers。
Thereisperhaps,nopeopleorcommunity,nowexisting,whichsubsistsentirelyonthespontaneousproduceofvegetation。Butmanytribesstillliveexclusively,oralmostexclusively,onwildanimals,theproduceofhuntingorfishing。Theirclothingisskins;theirhabitations,hutsrudelyformedoflogsorboughsoftrees,andabandonedatanhour’snotice。Thefoodtheyusebeinglittlesusceptibleofstoringup,theyhavenoaccumulationofit,andareoftenexposedtogreatprivations。Thewealthofsuchacommunityconsistssolelyoftheskinstheywear;afewornaments,thetasteforwhichexistsamongmostsavages;somerudeutensils;theweaponswithwhichtheykilltheirgame,orfightagainsthostilecompetitorsforthemeansofsubsistence;
canoesforcrossingriversandlakes,orfishinginthesea;andperhapssomefursorotherproductionsofthewilderness,collectedtobeexchangedwithcivilizedpeopleforblankets,brandy,andtobacco;ofwhichforeignproducealsotheremaybesomeunconsumedportioninstore。Tothisscantyinventoryofmaterialwealth,oughttobeaddedtheirland;aninstrumentofproductionofwhichtheymakeslenderuse,comparedwithmoresettledcommunities,butwhichisstillthesourceoftheirsubsistence,andwhichhasamarketablevalueiftherebeanyagriculturalcommunityintheneighbourhoodrequiringmorelandthanitpossesses。Thisisthestateofgreatestpovertyinwhichanyentirecommunityofhumanbeingsisknowntoexist;thoughtherearemuchrichercommunitiesinwhichportionsoftheinhabitantsareinacondition,astosubsistenceandcomfort,aslittleenviableasthatofthesavage。
Thefirstgreatadvancebeyondthisstateconsistsinthedomesticationofthemoreusefulanimals;givingrisetothepastoralornomadstate,inwhichmankinddonotliveontheproduceofhunting,butonmilkanditsproducts,andontheannualincreaseofflocksandherds。Thisconditionisnotonlymoredesirableinitself,butmoreconducivetofurtherprogress:
andamuchmoreconsiderableamountofwealthisaccumulatedunderit。Solongasthevastnaturalpasturesoftheeartharenotyetsofullyoccupiedastobeconsumedmorerapidlythantheyarespontaneouslyreproduced,alargeandconstantlyincreasingstockofsubsistencemaybecollectedandpreserved,withlittleotherlabourthanthatofguardingthecattlefromtheattacksofwildbeasts,andfromtheforceorwilesofpredatorymen。Largeflocksandherds,therefore,areintimepossessed,byactiveandthriftyindividualsthroughtheirownexertions,andbytheheadsoffamiliesandtribesthroughtheexertionsofthosewhoareconnectedwiththembyallegiance。
Therethusarises,intheshepherdstate,inequalityofpossessions;athingwhichscarcelyexistsinthesavagestate,wherenoonehasmuchmorethanabsolutenecessaries,andincaseofdeficiencymustshareeventhosewithhistribe。Inthenomadstate,somehaveanabundanceofcattle,sufficientforthefoodofamultitude,whileothershavenotcontrivedtoappropriateandretainanysuperfluity,orperhapsanycattleatall。Butsubsistencehasceasedtobeprecarious,sincethemoresuccessfulhavenootherusewhichtheycanmakeoftheirsurplusthantofeedthelessfortunate,whileeveryincreaseinthenumberofpersonsconnectedwiththemisanincreasebothofsecurityandofpower:andthustheyareenabledtodivestthemselvesofalllabourexceptthatofgovernmentandsuperintendence,andacquiredependentstofightfortheminwarandtoservetheminpeace。Oneofthefeaturesofthisstateofsocietyis,thatapartofthecommunity,andinsomedegreeeventhewholeofit,possessleisure。Onlyaportionoftimeisrequiredforprocuringfood,andtheremainderisnotengrossedbyanxiousthoughtforthemorrow,ornecessaryreposefrommuscularactivity。Suchalifeishighlyfavourabletothegrowthofnewwants,andopensapossibilityoftheirgratification。A
desirearisesforbetterclothing,utensils,andimplements,thanthesavagestatecontentsitselfwith;andthesurplusfoodrendersitpracticabletodevotetothesepurposestheexertionsofapartofthetribe。Inallormostnomadcommunitieswefinddomesticmanufacturesofacoarse,andinsome,ofafinekind。
Thereisampleevidencethatwhilethosepartsoftheworldwhichhavebeenthecradleofmoderncivilizationwerestillgenerallyinthenomadstate,considerableskillhadbeenattainedinspinning,weaving,anddyeingwoollengarments,inthepreparationofleather,andinwhatappearsastillmoredifficultinvention,thatofworkinginmetals。Evenspeculativesciencetookitsfirstbeginningsfromtheleisurecharacteristicofthisstageofsocialprogress。Theearliestastronomicalobservationsareattributed,byatraditionwhichhasmuchappearanceoftruth,totheshepherdsofChaldea。
Fromthisstateofsocietytotheagriculturalthetransitionisnotindeedeasy(fornogreatchangeinthehabitsofmankindisotherwisethandifficult,andingeneraleitherpainfulorveryslow),butitliesinwhatmaybecalledthespontaneouscorseofevents。Thegrowthofthepopulationofmenandcattlebeganintimetopressupontheearth’scapabilitiesofyieldingnaturalpasture:andthiscausedoubtlessproducedthefirsttillingoftheground,justasatalaterperiodthesamecausemadethesuperfluoushordesofthenationswhichhadremainednomadprecipitatethemselvesuponthosewhichhadalreadybecomeagricultural;until,thesehavingbecomesufficientlypowerfultorepelsuchinroads,theinvadingnations,deprivedofthisoutlet,wereobligedalsotobecomeagriculturalcommunities。
Butafterthisgreatstephadbeencompleted,thesubsequentprogressofmankindseemsbynomeanstohavebeensorapid(certainrarecombinationsofcircumstancesexcepted)asmightperhapshavebeenanticipated。Thequantityofhumanfoodwhichtheearthiscapableofreturningeventothemostwretchedsystemofagriculture,somuchexceedswhatcouldbeobtainedinthepurelypastoralstate,thatagreatincreaseofpopulationisinvariablytheresult。Butthisadditionalfoodisonlyobtainedbyagreatadditionalamountoflabour;sothatnotonlyanagriculturalhasmuchlessleisurethanapastoralpopulation,but,withtheimperfecttoolsandunskilfulprocesseswhichareforalongtimeemployed(andwhichoverthegreaterpartoftheearthhavenotevenyetbeenabandoned),agriculturistsdonot,unlessinunusuallyadvantageouscircumstancesofclimateandsoil,producesogreatasurplusoffood,beyondtheirnecessaryconsumption,astosupportanylargeclassoflabourersengagedinotherdepartmentsofindustry。Thesurplus,too,whethersmallorgreat,isusuallytornfromtheproducers,eitherbythegovernmenttowhichtheyaresubject,orbyindividuals,whobysuperiorforce,orbyavailingthemselvesofreligiousortraditionalfeelingsofsubordination,haveestablishedthemselvesaslordsofthesoil。
Thefirstofthesemodesofappropriation,bythegovernment,ischaracteristicoftheextensivemonarchieswhichfromatimebeyondhistoricalrecordhaveoccupiedtheplainsofAsia。Thegovernment,inthosecountries,thoughvaryinginitsqualitiesaccordingtotheaccidentsofpersonalcharacter,seldomleavesmuchtothecultivatorsbeyondmerenecessaries,andoftenstripsthemsobareevenofthese,thatitfindsitselfobliged,aftertakingalltheyhave,tolendpartofitbacktothosefromwhomithasbeentaken,inordertoprovidethemwithseed,andenablethemtosupportlifeuntilanotherharvest。Underther間imeinquestion,thoughthebulkofthepopulationareillprovidedfor,thegovernment,bycollectingsmallcontributionsfromgreatnumbers,isenabled,withanytolerablemanagement,tomakeashowofrichesquiteoutofproportiontothegeneralconditionofthesociety;andhencetheinveterateimpression,ofwhichEuropeanshaveonlyatalateperiodbeendisabused,concerningthegreatopulenceofOrientalnations。Inthiswealth,withoutreckoningthelargeportionwhichadherestothehandsemployedincollectingit,manypersonsofcourseparticipate,besidestheimmediatehouseholdofthesovereign。Alargepartisdistributedamongthevariousfunctionariesofgovernment,andamongtheobjectsofthesovereign’sfavourorcaprice。Apartisoccasionallyemployedinworksofpublicutility。Thetanks,wells,andcanalsforirrigation,withoutwhichinmanytropicalclimatescultivationcouldhardlybecarriedon;theembankmentswhichconfinetherivers,thebazarsfordealers,andtheseraeesfortravellers,noneofwhichcouldhavebeenmadebythescantymeansinthepossessionofthoseusingthem,owetheirexistencetotheliberalityandenlightenedself—interestofthebetterorderofprinces,ortothebenevolenceorostentationofhereandtherearichindividual,whosefortune,iftracedtoitssource,isalwaysfoundtohavebeendrawnimmediatelyorremotelyfromthepublicrevenue,mostfrequentlybyadirectgrantofaportionofitfromthesovereign。
Therulerofasocietyofthisdescription,afterprovidinglargelyforhisownsupport,andthatofallpersonsinwhomhefeelsaninterest,andaftermaintainingasmanysoldiersashethinksneedfulforhissecurityorhisstate,hasadisposableresidue,whichheisgladtoexchangeforarticlesofluxurysuitabletohisdisposition:ashavealsotheclassofpersonswhohavebeenenrichedbyhisfavour,orbyhandlingthepublicrevenues。Ademandthusarisesforelaborateandcostlymanufacturedarticles,adaptedtoanarrowbutawealthymarket。
Thisdemandisoftensuppliedalmostexclusivelybythemerchantsofmoreadvancedcommunities,butoftenalsoraisesupinthecountryitselfaclassofartificers,bywhomcertainfabricsarecarriedtoashighexcellenceascanbegivenbypatience,quicknessofperceptionandobservation,andmanualdexterity,withoutanyconsiderableknowledgeofthepropertiesofobjects:
suchassomeofthecottonfabricsofIndia。Theseartificersarefedbythesurplusfoodwhichhasbeentakenbythegovernmentanditsagentsastheirshareoftheproduce。Soliterallyisthisthecase,thatinsomecountriestheworkman,insteadoftakinghisworkhome,andbeingpaidforitafteritisfinished,proceedswithhistoolstohiscustomer’shouse,andistheresubsisteduntiltheworkiscomplete。Theinsecurity,however,ofallpossessionsinthisstateofsociety,induceseventherichestpurchaserstogiveapreferencetosucharticlesas,beingofanimperishablenature,andcontaininggreatvalueinsmallbulk,areadaptedforbeingconcealedorcarriedoff。Goldandjewels,therefore,constitutealargeproportionofthewealthofthesenations,andmanyarichAsiaticcarriesnearlyhiswholefortuneonhisperson,oronthoseofthewomenofhisharem。Noone,exceptthemonarch,thinksofinvestinghiswealthinamannernotsusceptibleofremoval。He,indeed,ifhefeelssafeonhisthrone,andreasonablysecureoftransmittingittohisdescendants,sometimesindulgesatastefordurableedifices,andproducesthePyramids,ortheTajMehalandtheMausoleumatSekundra。Therudemanufacturesdestinedforthewantsofthecultivatorsareworkedupbyvillageartisans,whoareremuneratedbylandgiventothemrent—freetocultivate,orbyfeespaidtotheminkindfromsuchshareofthecropasislefttothevillagersbythegovernment。Thisstateofsociety,however,isnotdestituteofamercantileclass;composedoftwodivisions,graindealersandmoneydealers。Thegraindealersdonotusuallybuygrainfromtheproducers,butfromtheagentsofgovernment,who,receivingtherevenueinkind,aregladtodevolveuponothersthebusinessofconveyingittotheplaceswheretheprince,hischiefcivilandmilitaryofficers,thebulkofhistroops,andtheartisanswhosupplythewantsofthesevariouspersons,areassembled。Themoneydealerslendtotheunfortunatecultivators,whenruinedbybadseasonsorfiscalexactions,themeansofsupportinglifeandcontinuingtheircultivation,andarerepaidwithenormousinterestatthenextharvest;or,onalargerscale,theylendtothegovernment,ortothosetowhomithasgrantedaportionoftherevenue,andareindemnifiedbyassignmentsontherevenuecollectors,orbyhavingcertaindistrictsputintotheirpossession,thattheymaypaythemselvesfromtherevenues;toenablethemtodowhich,agreatportionofthepowersofgovernmentareusuallymadeoversimultaneously,tobeexercisedbythemuntileitherthedistrictsareredeemed,ortheirreceiptshaveliquidatedthedebt。Thus,thecommercialoperationsofboththeseclassesofdealerstakepLaceprincipallyuponthatpartoftheproduceofthecountrywhichformstherevenueofthegovernment。Fromthatrevenuetheircapitalisperiodicallyreplacedwithaprofit,andthatisalsothesourcefromwhichtheiroriginalfundshavealmostalwaysbeenderived。Such,initsgeneralfeatures,istheeconomicalconditionofmostofthecountriesofAsia,asithasbeenfrombeyondthecommencementofauthentichistory,andisstill,wherevernotdisturbedbyforeigninfluences。
IntheagriculturalcommunitiesofancientEuropewhoseearlyconditionisbestknowntous,thecourseofthingswasdifferent。These,attheirorigin,weremostlysmalltown—communities,atthefirstplantationofwhich,inanunoccupiedcountry,orinonefromwhichtheformerinhabitantshadbeenexpelled,thelandwhichwastakenpossessionofwasregularlydivided,inequaloringraduatedallotments,amongthefamiliescomposingthecommunity。Insomecases,insteadofatowntherewasaconfederationoftowns,occupiedbypeopleofthesamereputedrace,andwhoweresupposedtohavesettledinthecountryaboutthesametime。Eachfamilyproduceditsownfoodandthematerialsofitsclothing,whichwereworkedupwithinitself,usuallybythewomenofthefamily,intothecoarsefabricswithwhichtheagewascontented。Taxestherewerenone,astherewereeithernopaidofficersofgovernment,oriftherewere,theirpaymenthadbeenprovidedforbyareservedportionofland,cultivatedbyslavesonaccountofthestate;
andthearmyconsistedofthebodyofcitizens。Thewholeproduceofthesoil,therefore,belonged,withoutdeduction,tothefamilywhichcultivatedit。Solongastheprocessofeventspermittedthisdispositionofpropertytolast,thestateofsocietywas,forthemajorityofthefreecultivators,probablynotanundesirableone;andunderit,insomecases,theadvanceofmankindinintellectualculturewasextraordinarilyrapidandbrilliant。Thismoreespeciallyhappenedwhere,alongwithadvantageouscircumstancesofraceandclimate,andnodoubtwithmanyfavourableaccidentsofwhichalltraceisnowlost,wascombinedtheadvantageofapositionontheshoresofagreatinlandsea,theothercoastsofwhichwerealreadyoccupiedbysettledcommunities。Theknowledgewhichinsuchapositionwasacquiredofforeignproductions,andtheeasyaccessofforeignideasandinventions,madethechainofroutine,usuallysostronginarudepeople,hanglooselyonthesecommunities。Tospeakonlyoftheirindustrialdevelopment;theyearlyacquiredvarietyofwantsanddesires,whichstimulatedthemtoextractfromtheirownsoiltheutmostwhichtheyknewhowtomakeityield;andwhentheirsoilwassterile,oraftertheyhadreachedthelimitofitscapacity,theyoftenbecametraders,andboughtuptheproductionsofforeigncountries,toselltheminothercountrieswithaprofit。
Theduration,however,ofthisstateofthingswasfromthefirstprecarious。Theselittlecommunitieslivedinastateofalmostperpetualwar。Forthisthereweremanycauses。Intheruderandpurelyagriculturalcommunitiesafrequentcausewasthemerepressureoftheirincreasingpopulationupontheirlimitedland,aggravatedasthatpressuresooftenwasbydeficientharvests,intherudestateoftheiragriculture,anddependingastheydidforfooduponaverysmallextentofcountry。Ontheseoccasions,thecommunityoftenemigratedenmasse,orsentforthaswarmofitsyouth,toseek,swordinhand,forsomelesswarlikepeople,whocouldbeexpelledfromtheirland,ordetainedtocultivateitasslavesforthebenefitoftheirdespoilers。Whatthelessadvancedtribesdidfromnecessity,themoreprosperousdidfromambitionandthemilitaryspirit:andafteratimethewholeofthesecity—communitieswereeitherconquerorsorconquered。Insomecases,theconqueringstatecontenteditselfwithimposingatributeonthevanquished:
whobeing,inconsiderationofthatburden,freedfromtheexpenseandtroubleoftheirownmilitaryandnavalprotection,mightenjoyunderitaconsiderableshareofeconomicalprosperity,whiletheascendantcommunityobtainedasurplusofwealth,availableforpurposesofcollectiveluxuryormagnificence。FromsuchasurplustheParthenonandthePropylaeawerebuilt,thesculpturesofPheidiaspaidfor,andthefestivalscelebrated,forwhichAEschylus,Sophocles,Euripides,andAristophanescomposedtheirdramas。Butthisstateofpoliticalrelations,mostuseful,whileitlasted,totheprogressandultimateinterestofmankind,hadnottheelementsofdurability。Asmallconqueringcommunitywhichdoesnotincorporateitsconquests,alwaysendsbybeingconquered。
Universaldominion,therefore,atlastrestedwiththepeoplewhopractisedthisart——withtheRomans;who,whateverweretheirotherdevices,alwayseitherbeganorendedbytakingagreatpartofthelandtoenrichtheirownleadingcitizens,andbyadoptingintothegoverningbodytheprincipalpossessorsoftheremainder。ItisunnecessarytodwellonthemelancholyeconomomicalhistoryoftheRomanempire。Wheninequalityofwealthoncecommences,inacommunitynotconstantlyengagedinrepairingbyindustrytheinjuriesoffortune,itsadvancesaregigantic;thegreatmassesofwealthswallowupthesmaller。TheRomanempireultimatelybecamecoveredwiththevastlandedpossessionsofacomparativelyfewfamilies,forwhoseluxury,andstillmoreforwhoseostentation,themostcostlyproductswereraised,soilwereslaves,orsmalltenantsinawhilethecondition。cultivatorsofthesoilwereslaves,orsmalltenantsinnearlyservilecondition。FromthistimetheweaLthoftheempireprogressivelydeclined。Inthebeginning,thepublicrevenues,andtheresourcesofrichindividuals,sufficedatleasttocoverItalywithsplendidedifices,publicandprivate;
butatlengthsodwindledundertheenervatinginfluencesofmisgovernment,thatwhatremainedwasnotevensufficienttokeepthoseedificesfromdecay。Thestrengthandrichesofthecivilizedworldbecameinadequatetomakeheadagainstthenomadpopulationwhichskirteditsnorthernfrontier;theyoverrantheempire,andadifferentorderofthingssucceeded。
InthenewframeinwhichEuropeansocietywasnowcast,thepopulationofeachcountrymaybeconsideredascomposed,inunequalproportions,oftwodistinctnationsorraces,theconquerorsandtheconquered:thefirsttheproprietorsoftheland,thelatterthetillersofit。Thesetillerswereallowedtooccupythelandonconditionswhich,beingtheproductofforce,werealwaysonerous,butseldomtotheextentofabsoluteslavery。Already,inthelatertimesoftheRomanempire,predialslaveryhadextensivelytransformeditselfintoakindofserfdom:thecolonioftheRomanswererathervilleinsthanactualslaves;andtheincapacityanddistasteofthebarbarianconquerorsforpersonallysuperintendingindustrialoccupations,leftnoalternativebuttoallowtothecultivators,asanincentivetoexertion,somerealinterestinthesoil。If,forexample,theywerecompelledtolabour,threedaysintheweek,fortheirsuperior,theproduceoftheremainingdayswastheirown。Iftheywererequiredtosupplytheprovisionsofvarioussorts,ordinarilyneededfortheconsumptionofthecastle,andwereoftensubjecttorequisitionsinexcess,yetaftersupplyingthesedemandstheyweresufferedtodisposeattheirwillofwhateveradditionalproducetheycouldraise。UnderthissystemduringtheMiddleAgesitwasnotimpossible,nomorethaninmodernRussia(where,uptotherecentmeasureofemancipation,thesamesystemstillessentiallyprevailed),forserfstoacquireproperty;andinfact,theiraccumulationsaretheprimitivesourceofthewealthofmodernEurope。
Inthatageofviolenceanddisorder,thefirstusemadebyaserfofanysmallprovisionwhichhehadbeenabletoaccumulate,wastobuyhisfreedomandwithdrawhimselftosometownorfortifiedvillage,whichhadremainedundestroyedfromthetimeoftheRomandominion;or,withoutbuyinghisfreedom,toabscondthither。Inthatplaceofrefuge,surroundedbyothersofhisownclass。heattemptedtolive,securedinsomemeasurefromtheoutragesandexactionsofthewarriorcaste,byhisownprowessandthatofhisfellows。Theseemancipatedserfsmostlybecameartificers;andlivedbyexchangingtheproduceoftheirindustryforthesurplusfoodandmaterialwhichthesoilyieldedtoitsfeudalproprietors。ThisgaverisetoasortofEuropeancounterpartoftheeconomicalconditionofAsiaticcountries;
exceptthat,inlieuofasinglemonarchandafluctuatingbodyoffavouritesandemploy閟,therewasanumerousandinaconsiderabledegreefixedclassofgreatlandholders;exhibitingfarlesssplendour,becauseindividuallydisposingofamuchsmallersurplusproduce,andforalongtimeexpendingthechiefpartofitinmaintainingthebodyofretainerswhomthewarlikehabitsofsociety,andthelittleprotectionaffordedbygovernment,renderedindispensabletotheirsafety。Thegreaterstability,thefixityofpersonalposition,whichthisstateofsocietyafforded,incomparisonwiththeAsiaticpolitytowhichiteconomicallycorresponded,wasonemainreasonwhyitwasalsofoundmorefavourabletoimprovement。Fromthistimetheeconomicaladvancementofsocietyhasnotbeenfurtherinterrupted。Securityofpersonandpropertygrewslowly,butsteadily。theartsoflifemadeconstantprogress;plunderceasedtobetheprincipalsourceofaccumulation;andfeudalEuroperipenedintocommercialandmanufacturingEurope。InthelatterpartoftheMiddleAges,thetownsofItalyandFlanders,thefreecitiesofGermany,andsometownsofFranceandEngland,containedalargeandenergeticpopulationofartisans,andmanyrichburghers,whosewealthhadbeenacquiredbymanufacturingindustry,orbytradingintheproduceofsuchindustry。TheCommonsofEngland,theTiers—EtatofFrance,thebourgeoisieoftheContinentgenerally,arethedescendantsofthisclass。Asthesewereasavingclass,whiletheposterityofthefeudalaristocracywereasquanderingclass,theformerbydegreessubstitutedthemselvesforthelatterastheownersofagreatproportionoftheland。Thisnaturaltendencywasinsomecasesretardedbylawscontrivedforthepurposeofdetainingthelandinthefamiliesofitsexistingpossessors,inothercasesacceleratedbypoliticalrevolutions。Gradually,thoughmoreslowly,theimmediatecultivatorsofthesoil,inallthemorecivilizedcountries,ceasedtobeinaservileorsemi—servilestate:thoughthelegalposition,aswellastheeconomicalconditionattainedbythem,varyextremelyinthedifferentnationsofEurope,andinthegreatcommunitieswhichhavebeenfoundedbeyondtheAtlanticbythedescendantsofEuropeans。
Theworldnowcontainsseveralextensiveregions,providedwiththevariousingredientsofwealthinadegreeofabundanceofwhichformerageshadnoteventheidea。Withoutcompulsorylabour,anenormousmassoffoodisannuaLlyextractedfromthesoil,andmaintains,besidestheactualproducers,anequal,sometimesagreaternumberoflabourers,occupiedinproducingconveniencesandluxuriesofinnumerablekinds,orintransportingthemfromplacetoplace;alsoamultitudeofpersonsemployedindirectingandsuperintendingthesevariouslabours;andoverandaboveallthese,aclassmorenumerousthaninthemostluxuriousancientsocieties,ofpersonswhoseoccupationsareofakindnotdirectlyproductive,andofpersonswhohavenooccupationatall。Thefoodthusraisedsupportsafarlargerpopulationthanhadeverexisted(atleastinthesameregions)onanequalspaceofground;andsupportsthemwithcertainty,exemptfromthoseperiodicallyrecurringfaminessoabundantintheearlyhistoryofEurope,andinOrientalcountriesevennownotunfrequent。Besidesthisgreatincreaseinthequantityoffood,ithasgreatlyimprovedinqualityandvariety;whileconveniencesandluxuries,otherthanfood,arenolongerlimitedtoasmallandopulentclass,butdescend,ingreatabundance,throughmanywideningstratainsociety。Thecollectiveresourcesofoneofthesecommunities,whenitchoosestoputthemforthforanyunexpectedpurpose;itsabilitytomaintainfleetsandarmies,toexecutepublicworks,eitherusefulorornamental,toperformnationalactsofbeneficenceliketheransomoftheWestIndiaslaves;tofoundcolonies,tohaveitspeopletaught,todoanythinginshortwhichrequiresexpense,andtodoitwithnosacrificeofthenecessariesoreventhesubstantialcomfortsofitsinhabitants,aresuchastheworldneversawbefore。
Butinalltheseparticulars,characteristicofthemodernindustrialcommunities,thosecommunitiesdifferwidelyfromoneanother。Thoughaboundinginwealthascomparedwithformerages,theydosoinverydifferentdegrees。Evenofthecountrieswhicharejustlyaccountedtherichest,somehavemadeamorecompleteuseoftheirproductiveresources,andhaveobtained,relativelytotheirterritorialextent,amuchlargerproduce,thanothers;
nordotheydifferonlyinamountofwealth,butalsointherapidityofitsincrease。Thediversitiesinthedistributionofwealtharestillgreaterthanintheproduction。Therearegreatdifferencesintheconditionofthepoorestclassindifferentcountries;andintheproportionalnumbersandopulenceoftheclasseswhichareabovethepoorest。Theverynatureanddesignationoftheclasseswhooriginallyshareamongthemtheproduceofthesoil,varynotalittleindifferentplaces。Insome,thelandownersareaclassinthemselves,almostentirelyseparatefromtheclassesengagedinindustry。inothers,theproprietorofthelandisalmostuniversallyitscultivator,owningtheplough,andoftenhimselfholdingit。Wheretheproprietorhimselfdoesnotcultivate,thereissometimes,betweenhimandthelabourer,anintermediateagency,thatofthefarmer,whoadvancesthesubsistenceofthelabourers,suppliestheinstrumentsofproduction,andreceives,afterpayingarenttothelandowner,alltheproduce:inothercases,thelandlord,hispaidagents,andthelabourers,aretheonlysharers。
Manufactures,again,aresometimescarriedonbyscatteredindividuals,whoownorhirethetoolsormachinerytheyrequire,andemploylittlelabourbesidesthatoftheirownfamily;inothercases,bylargenumbersworkingtogetherinonebuilding,withexpensiveandcomplexmachineryownedbyrichmanufacturers。
Thesamedifferenceexistsintheoperationsoftrade。Thewholesaleoperationsindeedareeverywherecarriedonbylargecapitals,wheresuchexist;buttheretaildealings,whichcollectivelyoccupyaverygreatamountofcapital,aresometimesconductedinsmallshops,chieflybythepersonalexertionsofthedealersthemselves,withtheirfamilies,andperhapsanapprenticeortwo;andsometimesinlargeestablishments,ofwhichthefundsaresuppliedbyawealthyindividualorassociation,andtheagencyisthatofnumeroussalariedshopmenorshopwomen。Besidesthesedifferencesintheeconomicalphenomenapresentedbydifferentpartsofwhatisusuallycalledthecivilizedworld,allthoseearlierstateswhichwepreviouslypassedinreview,havecontinuedinsomepartorotheroftheworld,downtoourowntime。HuntingcommunitiesstillexistinAmerica,nomadicinArabiaandthesteppesofNorthernAsia;
Orientalsocietyisinessentialswhatithasalwaysbeen;thegreatempireofRussiaisevennow,inmanyrespects,thescarcelymodifiedimageoffeudalEurope。Everyoneofthegreattypesofhumansociety,downtothatoftheEsquimauxorPatagonians,isstillextant。
Theseremarkabledifferencesinthestateofdifferentportionsofthehumanrace,withregardtotheproductionanddistributionofwealth,must,likeallotherphenomena,dependoncauses。Anditisnotasufficientexplanationtoascribethemexclusivelytothedegreesofknowledgepossessedatdifferenttimesandplaces,ofthelawsofnatureandthephysicalartsoflife。Manyothercausesco—operate;andthatveryprogressandunequaldistributionofphysicalknowledgearepartlytheeffects,aswellaspartlythecauses,ofthestateoftheproductionanddistributionofwealth。