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Updated: July 14, 2025
As we have seen, American labor has not been content with the traditional politico-economic optimism. Like all aggressive men alive to their own interest, the laborer soon decided that what he really needed was not equal rights, but special opportunities.
"Knock it off," Joe said wearily. "Carping we'll always have with us evidently, but in spite of all the beefing in every strata from Low-Lower to Upper-Middle, I've yet to see any signs of organized protest against our present politico-economic system." "Hey," Max said. "Don't get me wrong. What was good enough for Dad is good enough for me. You won't catch me talking against the government."
So close are the ties that connect the little state with the great empire that even the Roumanian railways have a special convention with those of Prussia. Here, then, as everywhere else, we are in presence of intelligence wedded to politico-economic enterprise.
It may be a politico-economic law, that we buy in the cheapest market, and sell in the dearest; and, by a sophistical process, the limits of the principle may have been enlarged, so as not only to include raw materials, but manufactured products, and the labour which we ourselves employ.
Socio-economics are in a continual flux and here in this country we no more do things in the way they did fifty years ago, than fifty years ago they did them the way the American Revolutionists outlined back in the Eighteenth Century." Max was staring at him. "I don't get that, sir." Joe said impatiently, "Max, the politico-economic system we have today is an outgrowth of what went earlier.
When, however, for some reason or other which anthropologists have still to discover, man takes to the institution of exogamy, the law of marrying-out, which forces men and women to unite who are members of more or less distinct food-groups, then, as we shall presently see, the matrimonial aspect of social organization tends to overshadow the politico-economic; if only because the latter can usually take care of itself, whereas to marry a perfect stranger is an embarrassing operation that might be expected to require a certain amount of arrangement on both sides.
With the non-existence of the exclusive enjoyment of monopolies by some men monopolies in the land, in money-issuing, in common public works each producer would retain his entire product excepting his taxes. This end secured, there would remain no politico-economic problem excepting that of taxation.
He waved his arm out in the darkness at the Phoceans, at the half-million of Marseilles, and said, "All that should disappear." The constructive side of his politico-economic scheme was negative. He was a practical man. None of your fine theories for him. One step at a time. Let there be a Chambardement that is, a noisy collapse, and he would think about what to do afterwards.
To Cambridge, where I met a number of old friends, including Dr. November 26. Dined at Trinity College with Sedley Taylor and others, and thence to the Politico-Economic Association to hear a discussion upon cooperation in production; those taking the principal part in the meeting being sundry leading men among the professors and fellows devoted to political economy.
An evening's address would not more than suffice to indicate the scope and appraise the value of this work, which is a mine wherein, the ore ready dressed to his hand, the politico-economic or industrial essayist might work for years without exhausting its riches.
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