Capitals Accumulate Faster Than Population

It Has Been Said, And Perhaps With Truth, That The Conclusions Of Political Economy Partake More Of The Certainty Of The Stricter Sciences Than Those Of Most Of The Other Branches Of Human Knowledge.

Population Regulates Itself By The Funds Which Are To Employ It, And Therefore Always Increases Or Diminishes With The Increase Or The Diminution Of Capital. Every Reduction Of Capital Is Therefore Necessarily Followed By A Less Effective Demand For Corn, By A Fall In Price, And By A Diminished Cultivation.

If One Fourth Of The Capital Of A Country Were Suddenly Destroyed, Or Entirely Transferred To A Different Part Of The World, Without Any Other Cause Occurring Of A Diminished Demand For Commodities, This Scantiness Of Capital Would Certainly Occasion Great Inconvenience To Consumers, And Great Distress Among The Working Classes; But It Would Be Attended With Great Advantages To The Remaining Capitalists.

Capitals Accumulate Faster Than Population

Population Trends Have Always Provoked Doom-fraught Oracles, Because Their Popular Interpreters Suppose That Every New Series Will Be Infinitely Sustained; Yet, Beyond The Short Term, Expectations Based On Them Are Never Fulfilled.