An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations. eBook

William Playfair
This eBook from the Gutenberg Project consists of approximately 405 pages of information about An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations..

An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations. eBook

William Playfair
This eBook from the Gutenberg Project consists of approximately 405 pages of information about An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations..

As this tendency is uniformly felt by a number of individuals over the whole of a country, when it advances in wealth, and over whole districts that are more advanced than the others, it must operate, in length of time, in producing the decline of a whole nation, as well as it does of a certain portion of its people at all times.

Changes, in the interior of a nation, take place by piece-meal or by degrees; the whole mass sees nothing of it, and, indeed, it is not felt. {79} But it is vain to think, that the same cause that gives the poorer inhabitants of a nation an advantage over the richer, will not likewise

—–­ {78} As we find that wealth seldom goes amongst people of business past the second, and almost never past the third generation, families that rise so high as to be partners in profit, and not in labour or attention, are an exception.  Nations resemble the families that acquire enough to be affluent, but not enough to retire from business.  A nation can never retire; it must always be industrious.  The inference is clear and cannot be mistaken; neither can the fact stated be denied.

{79} The number of bankruptcies have been considered as signs of wealth; and their increase is a sign most undoubtedly of more trade; but this is a barometer, of which it requires some skill to understand the real index. -=-

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give poor nations an advantage over rich ones; or, at least, tend to raise the one and draw down the other.  Though we find, from the history of the various revolutions that have taken place in different countries, that they arose from a variety of causes, some peculiar to one nation, and some to another; yet we have found a change of manners and ways of thinking and acting, more or less operating in all of them.

Amongst the interior causes of the decline of wealthy nations, arising from the wealth itself, we must set this down as one of a very general and natural operation.  We must be particularly careful to remove this, as far as possible, if we mean to avert those evils which hitherto have arisen from a superior degree of wealth and power in every nation.

We are now going to examine other internal causes; but though they are separate from this, yet this is at the root of all, this is perpetually operating, we meet with it in every corner and at every turning.  It is what Mr. Pope says, speaking of the master-passion in individuals: 

“The great disease that must destroy at length,

Grows with our growth, and strengthens with our strength.”

This radical case of decline is augmented by an ill conceived vanity in the parents, as well as by necessity ceasing to act on the children.  Each is following a very natural inclination; the one to indulge, the other to be indulged.  It is the duty and the interest of the state to counteract this tendency, and the manner how that it is to be done will be inquired into in the first chapter of the third book of this work. =sic —­there is none.=

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An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations. from Project Gutenberg. Public domain.