The Political Economy of Natural Law by Henry Wood

Author:Henry Wood [Unbekannt]
Language: eng
Format: epub
Tags: Economics
ISBN: 9783849620134
Publisher: Jazzybee Verlag
Published: 2012-09-12T00:00:00+00:00

Experience, as before noted, which is the endorser of law, shows the uniform failure of socialism even in small select communities under conditions highly favorable to success. Voluntary socialism, under the most flattering circumstances, and with the most conscientious and enthusiastic leaders, has been experimented with again and again. It is true that in certain instances, societies having socialistic features have existed for a while, but in none has there been vitality and growth. From " Brook Farm " down to the present time, there have been occasional bands of impracticables who have repeated the experiment. Of course such little local voluntary communities are perfectly harmless and have no likeness to a general political system. They, however, furnish a test of the principles under a thousand-fold greater chances for success than would be possible for the proposed New Order. If such mild and promising examples have proved futile, what might be expected as the result of a violent and compulsory commune, attempted, not with a voluntary and picked community, but with all the heterogeneous elements of society ? A menagerie let loose would be a fit illustration of the result. If attempted, it would very likely produce an upheaval similar to the French Revolution. World-wide experience, as well as the teachings of Natural Law, prove the truth of the proposition, that the condition of civilization or barbarism among nations is in proportion to the security and inviolability of individual property rights. Adam Smith asserted that the security afforded to property by the laws of England had more than counterbalanced the repeated faults and blunders of the government. It is not too much to claim that the foremost and commanding position of England and the United States of America among the nations, is due to the safeguards erected around property rights, and the but slightly obstructed operation of natural laws by governmental or other interference. No nation can be named where private accumulations are insecure, in which there is not a coexisting state of barbarism. These truths are so obvious that it seems superfluous to demonstrate them. But the fact remains that charlatans in political economy are making great efforts to disseminate opposite theories, and apparently with much success.

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