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" It is not so with the Distribution of Wealth. That is a matter of human institution solely. The things once there, mankind, individually or collectively, can do with them as they like. "
Principles of Political Economy: With Some of Their Applications to Social ... - Page 240
by John Stuart Mill - 1848 - 566 pages
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Joan Robinson: Critical Assessments of Leading Economists

Prue Kerr, Geoffrey Colin Harcourt - Economics - 2002 - 328 pages
...partake of the character of physical truths [and] there is nothing optional or arbitrary in them, yet it is not so with the Distribution of Wealth. That is a matter of human institution solely ... the distribution of wealth therefore depends on the laws and customs of society. The rules by which it...
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A/moral Economics: Classical Political Economy and Cultural Authority in ...

Claudia C. Klaver - Business & Economics - 2003 - 264 pages
...predictions based on the givens of physical nature and human psychology. 8 "It is not so," Mill writes, "with the Distribution of wealth. That is a matter...individually or collectively, can do with them as they like" (PPE 200). The laws of distribution, in other words, are structurally almost a complete inverse of...
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Property Rights: Cooperation, Conflict, and Law

Terry L. Anderson, Fred S. McChesney - Law - 2003 - 412 pages
...distribution of wealth via taxation, Mill asserted, was a matter of discretionary human institution. "The things once there, mankind, individually or collectively can do with them as they like" (Mill [1848] 1969, 200). The flaw in this statement is that the political distribution of "the things...
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Die Zukunft der Sozialen Marktwirtschaft: sozialethische und ...

Nils Goldschmidt, Michael Wohlgemuth - Germany - 2004 - 304 pages
...nothing optional or arbitrary in them."28 Anders verhalte es sich mit der Verteilung des Wohlstands: „That is a matter of human Institution solely. The...individually or collectively, can do with them as they like. Dies ist der Stein des Anstoßes für FA von Hayek und viele andere Liberale. Da es sich hierbei um...
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Socialism in America

John L. Bowman - Political Science - 2004 - 371 pages
...to do with distribution. Humankind, according to Mill, ...[C] can do with [wealth] as they please. They can place them at the disposal of whomsoever they please, and on whatever terms... Even what a person has produced by his individual toil, unaided by anyone, he cannot keep, unless by...
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Reviving the Invisible Hand: The Case for Classical Liberalism in the Twenty ...

Deepak Lal, James S Coleman Professor of International Development Studies Deepak Lal - Business & Economics - 2006 - 346 pages
...arbitrary in them. ... It is not so with the distribution of wealth. This is a matter of human institutions solely. The things once there, mankind, individually...disposal of whomsoever they please and on whatever terms."28 This is in contradiction to the truth known to all classical economists (including Marx)...
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The Natural Origins of Economics

Margaret Schabas - Science - 2009 - 208 pages
...production is akin to the laws of physics and, thus, nonarbitrary. The distribution of wealth, by contrast, "is a matter of human institution solely. The things...individually or collectively, can do with them as they like." Here is the region for genuine reform, particularly, Mill hopes, the reform of property rights. Yet,...
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Principles of Political Economy -

John Stuart Mill - Business & Economics - 2006 - 477 pages
...those properties more or less successfully, to bring about the events in which we are interested. 196 It is not so with the Distribution of Wealth. That...is a matter of human institution solely. The things oece there, mankind, individually or collectively, can do with them as they like. They can place them...
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John Stuart Mill's Political Philosophy

John R. Fitzpatrick - Philosophy - 2006 - 191 pages
...makes the following statement as he passes from the theory of production to the theory of distribution: 'The things once there, mankind, individually or collectively, can do with them as they like.' Now, if that were true I would admit that it is a clear moral obligation to see that it is justly distributed....
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The Science of Political Economy

Henry George - Business & Economics - 2006 - 453 pages
...from the leading proposition — " The * Book II, Chapter I, Sec. i, Principles of Political Economy. things once there, mankind individually or collectively can do with them as they like." It is evidently this that in the mind of Mill himself and in the minds of the professors and students...
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