[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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It may confidently be counted on that all the apparatus of the law and all the coercive agencies of law and order, will be brought in requisition to uphold the ancient rights of ownership, whenever any move is made toward their disallowance or restriction.

But then, on the other hand, the movement to disallow or diminish the prerogatives of ownership is also not to take the innocuous shape of unstudied neglect.

So soon, or rather so far, as the common man comes to realise that these rights of ownership and investment uniformly work to his material detriment, at the same time that he has lost the "will to believe" in any argument that does not run in terms of the mechanistic logic, it is reasonable to expect that he will take a stand on this matter; and it is more than likely that the stand taken will be of an uncompromising kind,--presumably something in the nature of the stand once taken by recalcitrant Englishmen in protest against the irresponsible rule of the Stuart sovereign.

It is also not likely that the beneficiaries under these proprietary rights will yield their ground at all amicably; all the more since they are patently within their authentic rights in insisting on full discretion in the disposal of their own possessions; very much as Charles I or James II once were within their prescriptive right,--which had little to say in the outcome.
Even apart from "time immemorial" and the patent authenticity of the institution, there were and are many cogent arguments to be alleged in favor of the position for which the Stuart sovereigns and their spokesmen contended.

So there are and will be many, perhaps more, cogent reasons to be alleged for the maintenance of the established law and order in respect of the rights of ownership and investment.


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