Looking Backward, 2000 to 1887 by Edward Bellamy
page 5 of 281 (01%)
page 5 of 281 (01%)
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shifting the burden of one's support on the shoulders of others.
The man who had accomplished this, and it was the end all sought, was said to live on the income of his investments. To explain at this point how the ancient methods of industry made this possible would delay us too much. I shall only stop now to say that interest on investments was a species of tax in perpetuity upon the product of those engaged in industry which a person possessing or inheriting money was able to levy. It must not be supposed that an arrangement which seems so unnatural and preposterous according to modern notions was never criticized by your ancestors. It had been the effort of lawgivers and prophets from the earliest ages to abolish interest, or at least to limit it to the smallest possible rate. All these efforts had, however, failed, as they necessarily must so long as the ancient social organizations prevailed. At the time of which I write, the latter part of the nineteenth century, governments had generally given up trying to regulate the subject at all. By way of attempting to give the reader some general impression of the way people lived together in those days, and especially of the relations of the rich and poor to one another, perhaps I cannot do better than to compare society as it then was to a prodigious coach which the masses of humanity were harnessed to and dragged toilsomely along a very hilly and sandy road. The driver was hunger, and permitted no lagging, though the pace was necessarily very slow. Despite the difficulty of drawing the coach at all along so hard a road, the top was covered with passengers who never got down, even at the steepest ascents. These seats on top were very breezy and comfortable. Well up out of the dust, their occupants could |
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