Speculations from Political Economy by C. B. Clarke
page 31 of 68 (45%)
page 31 of 68 (45%)
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improve) Ricardo's proof that rent does not enter into price. The
"burdens" on land are really first charges on the rackrent and do not affect a year-to-year tenant at all. When a farmer meditates taking a farm he asks not merely what is the rent: he inquires what is the tithe, what the average amount of the rates (and is that likely to increase or diminish during the next seven years); the intending tenant only wants to know what sum in all he will have to pay for the farm; whether any of this payment is called tithe or not, or whether some of it is quit-rent, or whether he is to pay the land tax for his landlord's convenience,--about all this he cares nothing; they are mere questions of names to him. 5. MAKING THE MOST OF OUR LAND. John S. Mill, following W. T. Thornton, advocated a system of petty proprietors against the English system of large farms with hired labourers. Figures were quoted to show the splendid produce got by petty proprietors in France and elsewhere--as the result, however, of infinite toil. The petty proprietors were, moreover, shown to be much better off than our hired labourers; and the magic of property combined with independence was represented as having produced a superior class. These things may have been so, at least in some cases and particular countries, at the date (before 1846) when J. S. Mill originally put forward these views. The liberal, and radical writers on political economy and sociology still follow (most of them) on the same side, which has become in a manner historically the liberal side. There is much against it. |
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