The Premises of Political Economy; Being a Re-Examination of Certain Fundamental Principles of Economic Science - Softcover
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1885 edition. Excerpt: ... CHAPTER VIII. THE MEANS OF MAINTAINING A HIGH STANDARD OP LIFE. It has long been a current maxim that the use of cheap food is destructive of a high standard of life, and keeping in mind the facts proven in the preceding chapters, it is easy to see. why such an opinion should be prevalent. The cheap kinds of food are those whose production requires the least skill and capital, and hence a lower class of labor is employed than is possible where more intelligence is requisite. Wherever nature does much and man but little, a low class of laborers can accomplish all that is to be done. The more intelligent classes, as the price of food rises above what they can pay, gradually disappear, leaving society made up of two distinct classes, the very rich and powerful on the one hand, the poor and oppressed on the other. What makes the difference, for instance, between England and Egypt lies in the fact that int England the obstacles to be overcome are so great that a much higher class of labor must be employed than is the case 211 in Egypt, where nature, by means of the river Nile, keeps up the fertility of the land and allows methods of cultivation to be employed which would ruin England in a few years. In all warm countries, such as India, Cuba, and Mexico, little clothing is required, food is cheap and abundant, and nature does so much that little or nothing is required of man but to gather the food which nature has prepared. As there are no obstacles to be overcome, the lowest classes of men survive and displace their betters. The effect on the standard of life of a lack of obstacles to be overcome is plainly visible in the Southern States of the Union as compared with the Northern States. If a low class of labor in the North by the use of the...
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- VerlagTheClassics.us
- Erscheinungsdatum2013
- ISBN 10 1230302069
- ISBN 13 9781230302065
- EinbandTapa blanda
- Anzahl der Seiten54
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