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..

The tendency that all laws and regulations have to become more complicated, and that all bodies, united by one common interest, have to encroach on the general weal, are known from the earliest periods; but we have no occasion to go back to early periods for a proof of that in this country.  As wealth increases, the temptation augments, and the resistance decreases.  The wealthy part of society are scarcely pressed upon by the evils, and they love ease too well to trouble themselves with fighting the battles of the public.  Those who are engaged in trade are too much occupied to spare time; and, if they were not, they neither in general know how to proceed, nor have they any fund at their disposal, from which to draw the necessary money for expenditure.

It sometimes happens, that an individual, from a real public spirit, or from a particular humour or disposition, or, perhaps, because he has been severely oppressed, musters sufficient courage to undertake the redress of some particular grievance; but, unless he is very fortunate, and possesses both money and abilities, it is generally the ruin of his peace, if not of his fortune.  He finds himself at once beset with a host of enemies, who throw every embarrassment in his way:  his friends [end of page #123] may admire and pity, but they very seldom lend him any assistance.  If some progress is made in redressing the grievance, it is generally attended with such consequences to the individual, as to deter others from undertaking a similar cause.  Thus the incorporated body becomes safe, and goes on with its encroachments with impunity.

Much more may be said upon this subject; but, as it is rather one of which the operation is regulated by particular circumstances, than by general rules, the object being to apply the result of the inquiry to England, we shall leave it till we come to the application of it to that country, only observing, that the church, the army, and the law, are the three bodies universally and principally to be looked to as dangerous; and each of them according to the situation and the form of government of the respective countries, though, in England, the church has less means than in any country in Europe of extending its revenues or power, the law and corporate bodies the most; and, under arbitrary governments, the church and the military have the most, and the law and corporate bodies little or none. [end of page #124]

CHAP.  V.

Of the internal Causes of Decline, arising from the unequal Division of Property, and its Accumulation in the Hands of particular Persons.—­ Its Effects on the Employment of Capital.

In every country, the wealth that is in it has a natural tendency to accumulate in the hands of certain individuals, whether the laws of the society do or do not favour that accumulation.  Although it has been observed in a former chapter that wealth follows industry, and flies from the son of the affluent citizen to the poor country boy, yet that is only the case with wealth, the possessor of which requires industry to keep it; for, where wealth has been obtained, so as to be in the form of land or money at interest, this is no longer the case. {100}

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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.