Liberty and Law: Being an Attempt at the Refutation of the Individualism of Mr. Herbert Spencer and the Political Economists; an Exposition of Natural Rights, and of the Principles of Justice, and of Socialism; and a Demonstration of the Worthlessness of the Supposed Dogmas of Orthodox Political Economy. Addressed to the Youth of Great Britain and the Colonies
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Liberty and Law: Being an Attempt at the Refutation of the Individualism of ...
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A. R. Wallace absolutely abstract absurdity actual Adam Smith admits amount applied assert Bastiat believe called capital capitalist cent civilisation co-operation conceivable condemn course declares definition demand deny doctrine duty economists elections equal Ethics existence fact faculties favour force freedom freedom of contract give harmony Hegel human idea income individual Individualists interest J. S. Mill labour land landlords large numbers Laveleye legislation Leslie Stephen Liberal liberty live matter means merely method Mill Montesquieu morality natural laws natural right never Nihilism opinion organisation party person phenomena Political Economy position possession possible present principles of justice Principles of Political Professor profit pure question reason regard rent restraint result Ricardian Ricardo Roscher sense Sidgwick social organism Social Statics Socialists socially necessary labour society Spencer starvation theory things tion true vote wages wealth whole words writers
Page 204 - The value of any commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchase or command. Labour, therefore, is the real measure of the exchangeable value of all commodities.
Page 179 - Political economy, considered as a branch of the science of a statesman or legislator, proposes two distinct objects : first, to provide a plentiful revenue or subsistence for the people, or, more properly, to enable them to provide such a revenue or subsistence for themselves ; and secondly, to supply the state or commonwealth with a revenue sufficient for the public services. It proposes to enrich both the people and the sovereign.
Page 44 - That the only purpose for which power can be rightfully exercised over any member of a civilized community, against his will, is to prevent harm to others.
Page 63 - A great multitude of people are continually talking of the Law of Nature; and then they go on giving you their sentiments about what is right and what is wrong: and these sentiments, you are to understand, are so many chapters and sections of the Law of Nature.
Page 144 - I. Men are born, and always continue, free and equal in respect of their rights. Civil distinctions, therefore, can be founded only on public utility. II. The end of all political associations is the preservation of the natural and imprescriptible rights of man; and these rights are liberty, property, security, and resistance of oppression.
Page 38 - But with regard to the merely contingent, or, as it may be called, constructive injury which a person causes to society, by conduct which neither violates any specific duty to the public, nor occasions perceptible hurt to any assignable individual except himself...
Page 179 - Writers on Political Economy profess to teach, or to investigate, the nature of Wealth, and the laws of its production and distribution: including, directly or remotely, the operation of all the causes by which the condition of mankind, or of any society of human beings, in respect to this universal object of human desire, is made prosperous or the reverse.
Page 53 - That thing is called free which exists from the necessity of its own nature alone, and is determined to action by itself alone. That thing, on the other hand, is called necessary, or rather compelled, which by another is determined to existence and action in a fixed and prescribed manner.
Page 376 - All Christians believe that the blessed are the poor and humble, and those who are ill-used by the world; that it is easier for a camel to pass through the eye of a needle than for a rich man to enter the kingdom of heaven; that they should judge not, lest they be judged; that they should swear not at all; that they should love their neighbour as themselves; that if one take their cloak, they should give him their coat also; that they should...
Page 183 - ... aversion to labour, and desire of the present enjoyment of costly indulgences. These it takes, to a certain extent, into its calculations, because these do not merely, like other desires, occasionally conflict with the pursuit of wealth, but accompany it always as a drag, or impediment, and are therefore inseparably mixed up in the consideration of it.