The Progress of Capitalism in England
The Progress of Capitalism in England
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In our eReader you can find the full English version of the book. Read The Progress of Capitalism in England Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Progress of Capitalism in England
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The com- petition of the great wheat growing areas in the west of the States, and in Canada, has rendered it impossible to maintain the efficiency which English agriculture had reached in the sixties and seventies. The most 1 Middleton, Recent Developments of German Agriculture [Cd, 8305] p. 6.
126 Lessons from Experience hopeful expedient for enabling the agriculturist, whether he has a large estate or a small holding, to obtain the necessary capital for carrying on his work is that facilities... should be given which render it pos- sible for him to borrow prudently from the State ; and the certainty of obtaining a remunerative price would be the most important element in enabling him to borrow and to do his land justice.
The State is in an advantageous position for realising its aims, both with regard to the develop- ment of the material resources of the country and for improving the moral welfare of the people, by the use of its credit. The government of this country has failed to demonstrate that it can organise business better than the individual employer, or that it has greater enterprise than the individual capitalist ; but the intervention of the State may be advantageous, not only because it reduces the wastes of competition 1, but because the State by its credit can obtain capital more cheaply than any individual can.
What to read after The Progress of Capitalism in England?
You can find similar books in the "Read Also" column, or choose other free books by Cunningham, W. (William), 1849-1919 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The com- petition of the great wheat growing areas in the west of the States, and in Canada, has rendered it impossible to maintain the efficiency which English agriculture had reached in the sixties and seventies. The most 1 Middleton, Recent Developments of German Agriculture [Cd, 8305] p. 6.
126 Lessons from Experience hopeful expedient for enabling the agriculturist, whether he has a large estate or a small holding, to obtain the necessary capital for carrying on his work is that facilities... should be given which render it pos- sible for him to borrow prudently from the State ; and the certainty of obtaining a remunerative price would be the most important element in enabling him to borrow and to do his land justice.
The State is in an advantageous position for realising its aims, both with regard to the develop- ment of the material resources of the country and for improving the moral welfare of the people, by the use of its credit. The government of this country has failed to demonstrate that it can organise business better than the individual employer, or that it has greater enterprise than the individual capitalist ; but the intervention of the State may be advantageous, not only because it reduces the wastes of competition 1, but because the State by its credit can obtain capital more cheaply than any individual can.
What to read after The Progress of Capitalism in England?
You can find similar books in the "Read Also" column, or choose other free books by Cunningham, W. (William), 1849-1919 to read onlineMoreLess
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