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Updated: May 23, 2025
Recalling once more that the canon of life whereby folk are gentlefolk sums itself up in the requirements of pecuniary waste and personal futility, and that these requirements are indefinitely extensible, at the same time that the management of the community's industry by investment for a profit enables the owners of invested wealth to divert to their own use the community's net product, wherewith to meet these requirements, it follows that the community at large which provides this output of product will be allowed so much as is required by their necessary standard of living, with an unstable margin of error in the adjustment.
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