Investing · Western classics
Thomas Malthus:An Essay on the Principle of Population, Excerpt 158
Thomas Malthus《An Essay on the Principle of Population》· An Essay on the Principle of Population · Investing
The commerce of this country, internal as well as external, has certainly been rapidly advancing during the last century. The exchangeable value in the market of Europe of the annual produce of its land and labour has, without doubt, increased very considerably. But, upon examination, it will be found that the increase has been chiefly in the produce of labour and not in the produce of land, and therefore, though the wealth of the nation has been advancing with a quick pace, the effectual funds for the maintenance of labour have been increasing very slowly, and the result is such as might be expected. The increasing wealth of the nation has had little or no tendency to better the condition of the labouring poor. They have not, I believe, a greater command of the necessaries and conveniences of life, and a much greater proportion of them than at the period of the Revolution is employed in manufactures and crowded together in close and unwholesome rooms.
Source:
https://www.gutenberg.org/ebooks/4239
Locator:Excerpt 158 · Verified:2026-10-19 · Verification:Short excerpt
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