[An Inquiry Into The Nature Of Peace And The Terms Of Its Perpetuation by Thorstein Veblen]@TWC D-Link bookAn Inquiry Into The Nature Of Peace And The Terms Of Its Perpetuation CHAPTER VI 56/66
A slight bias running on a ground of conscious right and unbroken usage may go far.
So, e.g., anyone of these gentlemanly governments is within its legitimate rights, or rather within its imperative duty, in defending the foreign investments of its citizens and enforcing due payment of its citizens' claims to income or principal of such property as they may hold in foreign parts; and it is within its ordinary lines of duty in making use of the nation's resources--that is to say of the common man and his means of livelihood--in enforcing such claims held by the investing classes.
The community at large has no interest in the enforcement of such claims; it is evidently a class interest, and as evidently protected by a code of rights, duties and procedure that has grown out of a class bias, at the cost of the community at large. This bias favoring the interests of invested wealth may also, and indeed it commonly does, take the aggressive form of aggressively forwarding enterprise in investment abroad, particularly in commercially backward countries abroad, by extension of the national jurisdiction and the active countenancing of concessions in foreign parts, by subventions, or by creation of offices to bring suitable emoluments to the younger sons of deserving families.
The protective tariffs to which recourse is sometimes had, are of the same general nature and purpose.
Of course, it is in this latter, aggressive or excursive, issue of the well-to-do bias in favor of investment and invested wealth that its most pernicious effect on international relations is traceable. Free income, that is to say income not dependent on personal merit or exertion of any kind, is the breath of life to the kept classes; and as a corollary of the "First Law of Nature," therefore, the invested wealth which gives a legally equitable claim to such income has in their eyes all the sanctity that can be given by Natural Right.
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