But, I shall be told, the case is quite different when savings are invested in industrial enterprises.When such enterprises succeed, and produce something useful, this may be conceded.
But, I shall be told, the case is quite different when savings are invested in industrial enterprises.When such enterprises succeed, and produce something useful, this may be conceded.Tags: Essay About EpistemologyHow To Write A Essay About Yourself For CollegeAssignment Incentive PayPersonal Essay For College ApplicationsMccarthyism Vs Salem Witch Trials EssayEssay On N Classical MusicA Level History Coursework Part BCustom Essay Writing UkExamples Of Argumentative Essays Introduction
Everyone knows the story of the traveler in Naples who saw twelve beggars lying in the sun (it was before the days of Mussolini), and offered a lira to the laziest of them.
Eleven of them jumped up to claim it, so he gave it to the twelfth. But in countries which do not enjoy Mediterranean sunshine idleness is more difficult, and a great public propaganda will be required to inaugurate it.
In America, the system came to an end with the Revolution, except in the South, where it persisted until the Civil War.
A system which lasted so long and ended so recently has naturally left a profound impress upon men's thoughts and opinions.
In times of famine there was no surplus; the warriors and priests, however, still secured as much as at other times, with the result that many of the workers died of hunger.
This system persisted in Russia until 1917 , and still persists in the East; in England, in spite of the Industrial Revolution, it remained in full force throughout the Napoleonic wars, and until a hundred years ago, when the new class of manufacturers acquired power.
Unfortunately, their idleness is only rendered possible by the industry of others; indeed their desire for comfortable idleness is historically the source of the whole gospel of work.
The last thing they have ever wished is that others should follow their example.
The net result of the man's economical habits is to increase the armed forces of the State to which he lends his savings.
Obviously it would be better if he spent the money, even if he spent it in drink or gambling.