American Debate, Vol. 2
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| Hersteller: | Forgotten Books (Miller, Marion Mills) |
| Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from American Debate, Vol. 2: A History of Political and Economic Controversy in the United States, With Critical Digests of Leading Debates The controversies treated in Volume I., dealing with purely political or constitutional questions arising in sequence of time in our national development, invited and even compelled presentation in chronological order. The controversies in the present volume, being economic, were largely synchronous, both with each other and with the constitutional debates. So, while each controversy will be presented in chronological order, some other element than that of priority must be taken to decide precedence of subjects. Accordingly the author has gone to economic science to find in its fundamental principles a logical order of discussion. Political economy is the science which treats of the production and distribution of wealth. Production is application of energy to satisfy human desire. The energy outside of man, i. e., natural energy, is called land. The energy, manual and mental, within man, i. e., human energy, is called labor. Labor applied to land produces wealth. That part of wealth used to produce more wealth by economizing natural and human energy is called capital. The process of distribution is complementary to that of production in every part. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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