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GUIDE TO THE PHILOSOPHY 1938 - 1947.pdf - Rare Books at ...

GUIDE TO THE PHILOSOPHY 1938 - 1947.pdf - Rare Books at ...

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744<br />

ETHICS AND POLITICS: <strong>THE</strong> MODERNS<br />

people more than for others, means th<strong>at</strong> on some occasions<br />

and in some rel<strong>at</strong>ions he will act vis-d-vis society, as if he<br />

cared only for himself. It has been said th<strong>at</strong> there is no<br />

crime which a family man will not commit; " Un pbre de<br />

famUle," in fact, "est capable de taut". The truth which the<br />

aphorism enshrines is th<strong>at</strong> men will often "act economically",<br />

th<strong>at</strong> is to say, they will act solely with a view to the<br />

advancement of themselves and of those for whom they<br />

care, when to "act economically" is to act from motives<br />

other than, and often antagonistic to, those which the<br />

idealist theory of the St<strong>at</strong>e takes into account. It is to the<br />

growing prevalence of action from economic motives in<br />

the sense defined, th<strong>at</strong> the increase in modern society of<br />

associ<strong>at</strong>ions for economic purposes is due.<br />

NATURE AND SIGNIFICANCE OP VOLUNTARY<br />

ECONOMIC ASSOCIATIONS. The importance of<br />

these associ<strong>at</strong>ions has so impressed certain writers th<strong>at</strong> they<br />

were <strong>at</strong> one time inclined to regard them as making war<br />

between St<strong>at</strong>es improbable, ifnot impossible. Thus Cobden's<br />

ideal of Free Trade depended on and was conditioned by<br />

an amicable society of free n<strong>at</strong>ions affording a secure background<br />

for intern<strong>at</strong>ional trading companies and financial<br />

associ<strong>at</strong>ions. To increase the maximum of available wealth,<br />

was his chief object, and he thanked God "th<strong>at</strong> Englishmen<br />

live in a time when it is impossible to make war profit-<br />

able".<br />

Sir Norman Angell describes a society so enmeshed by the<br />

net of financial organiz<strong>at</strong>ions th<strong>at</strong> the economic welfare<br />

the economic<br />

of almost any part of it is dependent upon<br />

welfare of the rest To take a single example, where many<br />

might be given, he points out th<strong>at</strong> "the telegraph involves<br />

a single system of credit for the civilized world ; th<strong>at</strong> system,<br />

of credit involves the financial interdependence of all<br />

St<strong>at</strong>es".<br />

The single system of credit is reinforced by a synchronized<br />

bank-r<strong>at</strong>e a$d associ<strong>at</strong>ions of intern<strong>at</strong>ional<br />

finance. All these are factors hostile to the power and

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