The Coming Individualism, Volume 25
The modern economic imbroglio.--Essence of exact political economy.--The errors of democracy.--The haven of socialism.--Imperial free trade.--Free competition in the supply of capital to labour.--Free trade in drink.--Free trade in amusements.--Free trade in land.--The consolidation of the empire.--Municipal government, by F. Fletcher-Vane.
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advantages American amount authority Bank of England benefit Britain British capital and labour capitalists cause circulating citizens civilisation classes co-operation coin Collectivism Collectivist Colonies competition consequently consumers Corn Laws currency demand democracy democratic deposit banks district division of labour Domestic Economy drink duties economic economists effects Empire England English enormous evils export extent fact Factory Acts fallacious farmers favour foreign free system Free Trade freedom gold human importance increase India individual liberty Individualist land laws legislation London County Council manufacturers masses means media of exchange ment methods monopoly morality municipal nation natural industries note-issuing object Parliament party Political Economy politicians possession poverty present principles private ownership profits prosperity protected Protectionist public amusements public-houses question realised reasoning reform render result Socialism Socialistic supervision supply teetotal tion United Kingdom usury value-measurer wages wealth whole workers working-classes
Page 216 - I knew a very wise man so much of Sir Chr — 's sentiment, that he believed if a man were permitted to make all the ballads, he need not care who should make the laws of a nation.
Page 341 - Our constitution stands on a nice equipoise, with steep precipices and deep waters upon all sides of it. In removing it from a dangerous leaning towards one side, there may be a risk of oversetting it on the other. Every project of a material change in a government so complicated as ours, combined at the same time with external circumstances still more complicated, is a matter full of difficulties ; in which a considerate man will not be too ready to decide ; a prudent man too ready to undertake...
Page 39 - ... beings as individuals and as States will, in all their business transactions and all matters of economy, aim at securing the greatest possible amount of wealth for the smallest possible expenditure of work, and in all bargains as many advantages as possible with as few disadvantages as possible : — as in virtue of the irrefutable economic law (which may also be described as a sociological law, nay, even as an ethical and religious truth) — the solidarity of humanity — no man can benefit...
Page 11 - ... produces it." 16 Mr. Herbert '••* Spencer has asserted that poverty is an inevitable incident of the working-out of natural selection in social evolution;17 and the laissezfaire creed of extreme individualism is paraphrased in the contention that "all the poverty and misery permeating the civilized states, except such as is deliberately self-inflicted or the result of ill-health, are due to temporary and local mistakes in legislation."18 This association of material progress and economic...
Page 303 - ... co-operation. Our authors believe that in the British colonies protection is forced in some mysterious way upon the majority of electors by a few capitalists destitute of any means save persuasion or corruption. They propose, therefore, that we should compel our colonies to adopt free trade. To do so ' would infringe no principle and involve no humiliation. To compel people to be free cannot be to interfere with their liberty and to compel people to be prosperous cannot be called oppression '...
Page 104 - No reason is ever supplied to prove that either the Government or the people would be perfect under a Socialistic system, but these desiderata are taken for granted and are made the premises for long dissertations on the advantages that would result to a country thus favored.
Page 198 - There is of course an object in this arrangement, and it is to encourage a constant relay of comers. There is little inducement to linger, and so soon as a man has finished his glass, he feels that he is in the way, or he is bluntly asked what he will take next. In this way his feelings are worked upon to induce him either to leave or renew his order.
Page 43 - America must be mainly the outcome of an evolutionary process commencing with the college and in obedience to the law of the
Page 198 - ... to himself or his friends, attended by a smart waiter, with access to a goodly supply of newspapers, the British working man has to take his refreshment at an exorbitant price at the sloppy zinc counter, and is there treated like an animal drinking from a trough.
Page 57 - It is, they say, • an irrefutable economic law,' that ' no man can benefit himself except by benefiting all men, and that no man can injure others without injuring himself ' (p. 39). They apply the same principle to nations, for they say ' it is not possible to quote an instance of one country really benefiting by the misfortunes of another ' (p. 56). In both cases this may be true of that sublime spiritual good which all may enjoy in common. But this kind of good is rarely the object of eager...