[An Inquiry Into The Nature Of Peace And The Terms Of Its Perpetuation by Thorstein Veblen]@TWC D-Link book
An Inquiry Into The Nature Of Peace And The Terms Of Its Perpetuation

CHAPTER VII
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Evidently, this prospective posture of affairs may seem "fraught with danger to the common weal," as a public spirited citizen might phrase it.

Or, as it would be expressed in less eloquent words, it appears to comprise elements that should make for a change.

At the same time it should be recalled, and the statement will command assent on slight reflection, that there is no avoiding substantially such a posture of affairs under the promised regime of peace and security, provided only that the price-system stands over intact, and the current rights of property continue to be held inviolate.

If the known principles of competitive gain and competitive spending should need enforcement to that effect by an illustrative instance, the familiar history of the Victorian peace is sufficient to quiet all doubts.
Of course, the resulting articulation of classes in the community will not be expected to fall into such simple lines of sheer contrast as this scheme would indicate.

The class of gentlefolk, the legally constituted wasters, as they would be rated from the economic point of view, can not be expected personally to take care of so large a consumption of superfluities as this posture of affairs requires at their hands.


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