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Updated: June 27, 2025
Thus Adam Smith occasionally attacks the capitalists, Destutt de Tracy attacks the money-changers, Simonde de Sismondi attacks the factory system, Ricardo attacks landed property, and thus almost all political economists attack the non-industrial capitalists who regard property merely as consumable goods.
If we try to conceive to ourselves a London with the slave-population of New Orleans, with the police of Constantinople, with the non-industrial character of the modern Rome, and agitated by politics after the fashion of the Paris in 1848, we shall acquire an approximate idea of the republican glory, the departure of which Cicero and his associates in their sulky letters deplore.
So long as the system of status remains intact, and so long as the leisure class has other lines of non-industrial activity to take to than obvious killing of time in aimless and wasteful fatigation, so long no considerable departure from the leisure-class scheme of reputable life is to be looked for.
A distinction is still habitually made between industrial and non-industrial occupations; and this modern distinction is a transmuted form of the barbarian distinction between exploit and drudgery.
The occurrence of non-predatory temperament with the class at that stage is to be looked upon as a case of sporadic reversion. But the reputable non-industrial outlets for the human propensity to action presently fail, through the advance of economic development, the disappearance of large game, the decline of war, the obsolescence of proprietary government, and the decay of the priestly office.
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