The World's Great Classics: Principles of political economy, by J.S. Mill
Library Committee: Timothy Dwight ... Richard Henry Stoddard, Arthur Richmond Marsh, A.B. [and others] ... Illustrated with nearly two hundred photogravures, etchings, colored plates and full page portraits of great authors. Clarence Cook, art editor.
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advances advantage agricultural amount bank become benefit bills called capital carried cause circulation circumstances cloth commodities consequence considerable considered consumers continue corn cost of production currency debt demand depend desire diminished effect employed enable England equal equivalent exchange exist expense exports extent fact fall foreign France gain Germany give given gold greater hands imports improvement income increase individual industry interest issue labor land least less limited linen loans lower means ment metals million mode natural necessary notes object obtain operations paid payment permanent persons population portion practical present principle produce profits progress proportion purchase quantity raise reason receive rent respect rise saving sell society speculation sufficient supply supposed things tion trade wages wanted whole yards
Seite 256 - Hitherto it is questionable if all the mechanical inventions yet made have lightened the day's toil of any human being. They have enabled a greater population to live the same life of drudgery and imprisonment, and an increased number of manufacturers and others to make large fortunes.
Seite 273 - The form of association, however, which if mankind continue to improve, must be expected in the end to predominate, is not that which can exist between a capitalist as chief, and workpeople without a voice in the management, but the association of the labourers themselves on terms of equality, collectively owning the capital with which they carry on their operations, and working under managers elected and removable by themselves.
Seite 439 - Laisser-faire, in short, should be the general practice: every departure from it, unless required by some great good, is a certain evil.
Seite 265 - In the present stage of human progress, when ideas of equality are daily spreading more widely among the poorer classes, and can no longer be checked by anything short of the entire suppression of printed discussion and even of freedom of speech, it is not to be expected that the division of the human race into two hereditary classes, employers and employed, can be permanently maintained.
Seite 299 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Seite 256 - A population may be too crowded, though * Book ii. chap. ii. % 4. all be amply supplied with food and raiment. It is not good for man to be kept perforce at all times in the presence of his species. A world from which solitude is extirpated, is a very poor ideal.
Seite 254 - I confess I am not charmed with the ideal of life held out by those who think that the normal state of human beings is that of struggling to get on; that the trampling, crushing, elbowing, and treading on each other's heels, which form the existing type of social life, are the most desirable lot of human kind, or anything but the disagreeable symptoms of one of the phases of industrial progress.
Seite 299 - Every tax ought to be levied at the time, or in the manner in which it is most likely to be convenient for the contributor to pay it.
Seite 199 - Indies, in like manner, are the place* where England finds it convenient to carry on the production of sugar, coffee, and a few other tropical commodities. All the capital employed is English capital ; almost all the industry is carried on for English uses ; there is little production of anything except the staple commodities, and these are sent to England, not to be exchanged for things exported to the colony and consumed by its inhabitants, but to be sold in England for the benefit of the proprietors...
Seite 9 - There cannot, in short, be intrinsically a more insignificant thing, in the economy of society, than money; except in the character of a contrivance for sparing time and labour. It is a machine for doing quickly and commodiously, what would be done, though less quickly and commodiously, without it : and like many other kinds of machinery, it only exerts a distinct and independent influence of its own when it gets out of order.