Blackwood's Edinburgh Magazine, Volume 57, No. 355, May 1845

SISMONDI. ¹

Never was there a juster observation, than that, in ordinary times, in the same state, genius moves in a circle; originality is lost amidst imitation; we breathe thought not less than vital air. This is more especially the case in all those branches of opinion or philosophy which relate to internal economy, or the social concerns of men. There, it is not merely abstract principle, or disinterested reasoning, which have struck their roots into the human mind; interest, prejudice, passion, have moved it yet more deeply, and rendered the change from one set of opinions to another still more difficult. Universally it will be found, that in regard to the social concerns of men, which are so closely interwoven with our habits, interests, and affections, the transition from error to truth can rarely be accomplished by any intellect, how powerful soever, which has not imbibed, in part at least, the maxims of foreign states. New ideas, like lightning, are produced by the blending of two streams of thought, wafted from different ages or parts of the world. The French political revolution was brought about by the meeting of new-born French fervour with long-established English ideas: the Anglomania which immediately preceded that convulsion is the proof of it. The English social revolution has proceeded from the same cause: it is the junction of British practical habits with French speculative views which has produced the political economy of modern times: and the whole doctrines of free-trade which Adam Smith matured, and recent times have reduced to practice, are to be found in the Physiocratie of Dupont de Nemours, and the political pamphlets of Turgot.

It was in the year 1775 that these doctrines, imported from France, were first broached in this country by the publication of the Wealth of Nations; and it took half a century for them to pass from the solitary meditation of the recluse into the cabinets of statesmen and the hustings of the populace. Now, however, this transformation of thought is general, at least in a considerable part of the mercantile and manufacturing portions of the community. Few in the great cities of the empire think of doubting the doctrines of free-trade: fewer still, if they doubt them, venture to give publicity to their opinions. The reason of this general concurrence among commercial men, and of this, in social matters, rapid conversion of general thought, is to be found in the circumstance, that the new opinions fell in with the interests, or at least the immediate interests, of the leaders and influential men among the mercantile classes. The remainder, not understanding the subject, yielded by degrees to what they were told, by their superiors in wealth and intelligence, were incontrovertible propositions. Manufacturers who enjoyed the advantages of coal, ironstone, canals, railroads, and harbours at their doors, very readily embraced the doctrine, that all restrictions on commercial intercourse were contrary to reason; and that all mankind, how destitute soever of these advantages themselves, could do nothing so wise as to admit all their goods without any protective duties whatever. Merchants widely engaged in mercantile speculations, who were buying and selling in all parts of the world, and whose interest it was to purchase as largely and as cheaply as possible, and to sell as extensively and as dearly as was consistent with that extent, had no difficulty in arriving at the conclusion, that commerce should be left perfectly free, that all protective duties for the shelter of native industry should be abolished, and that the only charges on the transport of goods should be the cost of transit and their own profits. Every shilling taken from the import duties was so much put in their pockets, either directly by their gaining the remitted duty, or by their indirectly feeling the benefit of it, in the reduction of price and the widening of the market. Capitalists and bankers, who had vast sums to lend, found nothing so reasonable as that they should be permitted, without restraint, to exact any amount of usury they chose from the necessities, the folly, or the cupidity of their debtors. The opinion became general, that a nation could only be made rich by the same means as an individual manufacturer, and that the excess of the price obtained for the produce of national labour above the cost of production, was the measure of national wealth.

Under the influence of these opinions, prohibitions, restrictions, and import duties gave way on all sides. To the huge mass of the ignorant vulgar, the very sound of "abolition of restrictions" was delightful. Restraint was what they hated, exclusive privilege was their abomination, liberty of thought and action their supposed elysium. To abolish monopolies, incorporations, crafts, guildries, and statutes of apprenticeship, seemed a mighty step in the emancipation of the human race. Thus they cordially and universally joined in the cry for liberation from every sort of restriction, alike in thought, commerce, industry, and action, which had been first raised by the philosophers, and afterwards generally embraced by the capitalists and merchants. Amidst a chorus of congratulations, mutual applauses, and sanguine anticipations, with the cordial approbation of the political economists, the general concurrence of the merchants, and the loud shouts of the multitude, the doctrines of free-trade were progressively applied to every part of the social body. Taxes upon imports have been diminished, till, on all save a few articles, they are now entirely removed; native industry has been exposed, with a very slender protection, to the competition of foreign states; the restraints on the exportation of machinery has been removed, to allow foreign nations every advantage in competing with us; punishment has been alleviated, till the penalty of death, save in cases of wilful murder, has become practically abolished; the liberty of the press pushed the length of allowing without control its utmost licentiousness; unbounded toleration permitted in matters of opinion, even so far as generally to proclaim impunity to the worst Chartist or Socialist doctrines; combinations among workmen to raise their wages declared legal, and carried into practice on the greatest scale in all the manufacturing districts; a great organic change introduced into the constitution, to render Government more thoroughly dependent on public opinion; taxes to the amount of above thirty millions sterling, on articles of consumption, repealed in less than thirty years; a vast monetary change, to lower prices by raising the value of money, introduced, and steadily enforced, in spite of unbounded consequent distress; and the principle of free competition introduced generally as the basis of the social union, the only sure guarantee of national prosperity.

"Experience," says Dr Johnson, "is the great test of truth, and is perpetually contradicting the theories of men." Never, since the beginning of the world, had the doctrines of philosophers been so generally embraced by Government, or measures really intended for the public good so extensively carried into effect by the Legislature. Unbounded were the anticipations of prosperity and happiness in which men generally indulged on the adoption of this system; inflexible has been the steadiness with which it has been adhered to, amidst an amount of suffering which would long ago have proved fatal to any set of measures among men, except those dictated by their own opinions. But amidst all these anticipations, and this steadiness in carrying out the doctrines of free-trade in every department of thought and action, various unpleasant indications began to manifest themselves in every part of society; and it became evident to all that the fruits of the tree of knowledge were not, in this generation at least, destined to be different from what they had proved to our First Parents. While wealth was increasing to an unparalleled extent among the commercial classes, suffering and distress as generally ensued among the rural inhabitants; and the multitude of ruined fortunes among them rendered it certain, that at no distant period the old race of landed proprietors would, with the exception of a few magnates, be all rooted out, and their place supplied by a new set of purchasers from the commercial towns. While population was advancing with unparalleled strides in the manufacturing districts, pauperism even more than kept pace with it in all; and the extraordinary fact has now been revealed by statistical researches, that, in an age of unparalleled wealth and general and long-continued peace, a seventh part of the whole inhabitants of the British islands are in a state of destitution, or painfully supported by legal relief.²

While all attempts, even, to pay off the national debt have been abandoned by Government, and the principle openly proclaimed by the Prime Minister, that any surplus of revenue above expenditure must, to relieve the necessities of the country, be applied to the reduction of taxation, without a thought to the reduction of the debt; the Home Secretary has announced the not less alarming fact, that, since the peace, above two hundred millions sterling, or a fourth of the national debt, has been raised for the relief of the poor in England alone. While the returns of the income-tax have demonstrated that seventy thousand persons in Great Britain possess among them an annual revenue of two hundred millions a-year, or about L.2300 each on an average, the melancholy fact has been revealed, by the result of attempts to increase the national revenue by means of indirect taxation, that that source of income can no longer be relied on; and in a time of profound, and at the close of a period of long-continued peace, it has become indispensable to recur to an assessment on property and direct taxation, as it was in Rome in the decaying periods of the empire. The blue folios of the Houses of Parliament teem with authentic and decisive evidence of the vast increase, during the last thirty years, of crime and frequent destitution among the working classes in all parts of the empire; every four or five years, a brief feverish period of gambling, extravagance, and commercial prosperity, is succeeded by a long and dreary season of anxiety, distress, and depression; frightful strikes among the workmen, attended with boundless distress among, and hideous democratic tyranny over them, invariably succeed in the close of those periods of suffering, as pestilence stalks in the rear of famine; and popular insurrection has become so common, that it is a rare thing to see two years pass over without martial law being of necessity practically enforced in some part of the empire. Efforts unheard-of have been made to extend the religious establishments of the state, or augment the means of moral and intellectual instruction among the people; but hitherto with no perceptible effect in checking the habits of sensuality, improvidence, and intemperance, which prevail amongst them; and in an age and a country abounding, beyond any other that ever existed, with declamations in favour of the blessings of knowledge, and the elements of happiness and moral improvement, which free-trade and a general liberation from restraint were to procure for society, the scandal has been exhibited of serious crime having, during the last forty years, increased TEN TIMES as fast as the number of the people.³

We are so accustomed in this country to those things, that they have ceased to make any impression upon us. The great majority of men, actively engaged in the business of life, pay no attention to them whatever, but go on labouring to make money, or keep themselves afloat in the world, without bestowing even a passing thought of whither that world on which they are so intent is tending. Philosophers and political economists, confounded at beholding such results flowing from the adoption and practical application of their favourite principles, quietly pass by on the other side; and, without denying the facts, content themselves with disregarding them altogether, and continuing to prophesy unbounded national prosperity and moral elevation from the ultimate effect of the further abolition of restraint on thought and action. The religious portion of the community – and they form a large and highly respectable body – consider these alarming symptoms as the judgment of Heaven upon us for our sins, and the natural and well-deserved consequence of our neglect of the means of salvation, which have been so mercifully put into our hands. The merchants and manufacturers, who are rapidly making fortunes under the new system, maintain that it is founded on pure and tried reason, and that in no other way can the national resources be fully developed. The landowners, who are as rapidly losing them, are, in part, so paralysed by their individual embarrassments, in part so perplexed with the intricacy of the subject, that they are incapable of making any efforts, except on particular occasions, in their own defence, but resign themselves quietly to the stroke of fate, as the Moslem does to the bowstring of the Sultaun. The working classes are quiet during the brief periods of prosperity; but nourish in their hearts at all times a profound jealousy and hatred of the monied interest. The opinion is almost universally diffused among them, that the gains of their employers are scandalously great, and wrung out of their heart's blood – that they and their masters are naturally at war with each other – and that whatever is gained by the one is lost by the other. Meanwhile Government, obeying the new, and, as matters stand, irresistible impulse let in upon the monarchy by the Reform Bill, quietly, slide into the principles and measures dictated to them by the dominant, most active, and most influential class in the state; and, shutting their eyes to the consequences in future times, content themselves with getting through the present with as much practical support and as little obloquy as possible.

But although this is, generally speaking, the state of opinion on all social questions in the British islands, it may well be imagined that they are looked upon with very different eyes by men of intelligence out of the whirl of passing events, and beyond the reach of the passions or interests which mislead so many in this country. The civilization of Great Britain; the social questions at issue amongst us; the experiment making, on so extended a scale, of the effect of the new doctrines on the happiness of the people in the British islands; the prodigious wealth which has been accumulated in this country of late years; the magnitude and long duration of our political power; and the celebrity in arts, in arms, and in literature we have long enjoyed, have struck all surrounding nations with astonishment, which, so far from diminishing, is hourly on the increase. This effect appears variously, according to the temper and previous prepossessions of those among whom it has taken place. In the French, our ancient rivals, our persevering antagonists in the revolutionary war, it has produced no other effect, generally speaking, but envy, hatred, and malice. In the Americans, it has engendered a mingled feeling of respect, admiration, and jealousy, which appears in the strenuous efforts they are making to augment their wealth, power, and territory, by every possible means, and in every possible direction. But in reflecting minds on the Continent, on the really great in all countries, it has produced the effect of deep reflection, and anxious investigation. They have already begun to contemplate the astonishing and long-continued empire of Great Britain as we, and all subsequent ages, have so long done the corresponding, and only parallel, dominion reared by the arms of the Roman legions. In the causes of the greatness, and seeds of ruin, in both, there is a striking, and to us portentous, resemblance. The analogy has been already traced by more than one master-hand on the Continent. But none was better qualified to do justice to the subject, or has treated it in a more luminous or philosophic spirit, than Sismondi; and it is to his observations on the present social state of the British empire that we have now to direct our readers' attention.

As the views of this great philosopher and historian are almost entirely at variance with those which now generally prevail amongst us, and to which the liberal party in every part of the country have in an especial manner pinned their faith, and, at the same time, seem to be deserving of very great attention from their novelty and importance, and direct bearing on the dearest interests of the society with which we are surrounded – we hasten to premise that, in forming them, Sismondi has at least not been blinded by any political partiality for the side to which, in social questions, he inclines. He is, as all persons acquainted with foreign literature well know, a decided liberal, indeed republican, in his political opinions. Born and educated in the democratic canton of Geneva, a Protestant both by birth and connexion, the decided opponent of tyranny in all its forms, of Romish domination in all its guises, he first matured his powerful mind in writing the history of the Italian republics, and afterwards had his opinions confirmed by tracing the long annuals of the French monarchy. The brilliant episodes in the history of the former, contrasted with the hideous catalogue of persecutions and crimes which stain the latter, have confirmed in his mind, to a degree which, considering the extent of his information, and candour of his thoughts, appears surprising – the original prepossessions he had imbibed in favour of republican institutions. He even carries this so far as to advocate in his Essays, which form the immediate subject of this paper, an elective in preference to an hereditary monarchy. He is as ardent an enthusiast in the cause of civil and religious liberty as Russell or Sidney, though his views are modified as to time, by observation and experience. He yields to none of the optimist school of more recent times in sanguine expectations of the benefits which may be expected from training the people to the duties of self-government, and ultimately entrusting them with its powers. He is adverse to an hereditary aristocracy, and strongly advocates the division of landed property, by adopting in all countries the law of equal succession, which has given its powers their deathblow both in France and America. His life has been spent in painting the bright efflorescence of freedom and genius in the modern Italian republics, and their long blight under the combined powers of feudal power and Romish superstition in the French monarchy. The perfection of society, in his estimation, would be an aggregate of little republics, like those of Greece or southern Italy in ancient, or of Holland, Florence, Pisa, or Genoa, in modern times – in which supreme power was vested in the hands of magistrates, named by the heads of trades, who had been themselves elected by the general suffrage of their respective bodies. Many readers will probably be surprised at finding such political opinions entertained by a man of such acquirements, and class it with the numerous instances which history affords, of the inability of the greatest minds entirely to throw off the sway of early impressions and hereditary prepossessions. But we are not concerned, in this place, with Sismondi's political opinions; it is his views on social questions that appear peculiarly important, and which we are desirous of making known to our readers. And we mention his political opinions in order to show, that he at least cannot be accused of a prejudice in favour of the monarchical, or aristocratic, side of the question.

It is from a leaning to, and sympathy with, the opposite class in society, that his strong and important views on the tendency of social change in Europe, and especially in Great Britain and France, are directed. He is decidedly of opinion, that this tendency is, to the last degree, disastrous; that it is it which is the cause of the continued depression of industry, degradation of character, and increase of depravity and crime, among the people; and that, so great and alarming are these causes of evil, that, unless they are arrested by a change of opinion among the influential classes of society, or the good providence of God, they will infallibly destroy the whole fabric of European civilization, as they did that of the ancient world. They are, in his own opinion, the more alarming, that they have sprung, not from the blighting, but the triumph, of what we call civilization; not from the retention of men in ignorance, but their advance in knowledge; not from the upholding of restraint, but its removal. All these, the former evils with which mankind had to contend, will, in his opinion, yield to the growth of industry and the progress of knowledge; but in their stead a new set of evils – more serious, more wide-spread, more irremediable – will rise up, which, to all appearance, must in the end destroy all the states of modern Europe. England and France he considers, and probably with reason, as the states most likely to be the first victims of those social evils, far more serious and irremediable than any of the political which attract so much attention, and are the objects of such vehement contention between parties into which society is divided. England and France are not alone exposed to the danger; all the other European states are advancing in the same career, and are threatened, in the end, with the same calamities. England and France have been the first to be reached, and are now most endangered, by them, only because they are in advance of the others in the career of knowledge, freedom, and civilization, and have attained more rapidly than their neighbours the power and energy by which modern society is distinguished, and the perils by which it is menaced. In the social evils, therefore, with which Great Britain is now environed, he sees the precursor of those which are certainly, at one period or another, to afflict all Europe; and in the overthrow of our empire, from the corroding effect of the calamities they will induce, the ultimate destiny of all the states of modern times.

That these views are melancholy, all will admit; that they are important if true, none will deny; that they are new, at least in this country, will be conceded by the best informed. They come, however, recommended to us, not merely by the powerful arguments and copious facts by which they are supported, but by the peculiar turn of mind, and varied qualifications, of the author by whom they are supported. We have long been of opinion, that it is the separation of political economy from history which is the chief cause of the numerous errors into which, since the days of Adam Smith, its professors have been betrayed, and the general discredit into which the science itself has fallen with a large portion of the thinking men in the community. This effect has taken place, as it was very natural it should in the infancy of a science, from the habit into which philosophers and men of abstract thought were led, of reasoning on human affairs as if they were the movement of inanimate bodies, and considering only their own arguments, not the illustration of their truth or falsehood which experience has afforded. This habit is peculiarly conspicuous in the advocates of free-trade, the reciprocity system, and Mr Malthus's doctrines on pauperism and the poor-laws; they rest on abstract arguments, and are perfectly indifferent to the refutation of their principles which every day's experience is affording. Probably the whole present generation of political economists must go to their graves before this general error is eradicated from the human mind. It is an error, however, of the most fatal kind, and which, while it is persevered in, must render political economy one of the greatest of the many curses, which the eating of the fruit of the tree of knowledge has let loose upon mankind. It is like a system of medicine, formed, as such systems are in every age, not on experience or observation, but on the theories of certain physicians on the structure of the human body, and the proper way of developing its various functions.

Many a patient in every age has been killed, before the absurdity of such theories has been put down by the experience and common-sense of mankind. And many a nation, in Sismondi's opinion, will perish, before the nostrums of its state physicians have been expelled from the general opinion of man.

It is his profound and varied historical information, which has given Sismondi his deep distrust of nearly all the conclusions of modern political economy, and inspired him with the gloomy presentiments with which he is filled, in regard to the tendency of society under the practical application of its principles. He has fixed his eyes, not on abstract principles, but actual nations, and traced the result, not of theoretical views on the best regulations for society, but of such as have actually been established, and had their tendency tested by the experience of centuries in different ages and countries of the world. He sees with dismay, in the state of society in modern Europe, under the combined influence of free-trade, increasing knowledge, popular institutions, vast wealth, and long-established civilization, a mere repetition, under different names, of those dreadful social evils which corroded the Roman empire, and in the end overturned the vast physical dominion of the legions. He sees in that state of rural society which is nearly extinct in the British islands, and fast wearing out in France, Belgium, and other parts of Europe, where civilization is most advanced, the only solid foundation for general happiness, the only durable bulwark of public morality, the only permanent security for national existence. This state of society is disappearing, and a new condition of men coming on, from causes which seem beyond the power of human control, but the fatal effect of which is as apparent as the sun at noonday. And thence the gloomy views with which he is inspired on the future prospects of Europe, and his profound hostility to the principles of political economy, from which he considers them as having mainly arisen.

Political economy, as a science, dates its origin, by the common consent of men, from the famous work "On the Nature and Causes of the Wealth of Nations." But a greater authority than Adam Smith has told us, that "he that HASTENETH TO BE RICH SHALL NOT BE INNOCENT." Sismondi's doctrines on political economy are a commentary on these words, applied to the management of nations and the social concerns of man. It is in the fatal thirst for wealth, and the application of all the powers of knowledge, and all the resources of art, to that single object, that he sees the all-powerful cause, both of the present degradation of so many of the working classes, of the false direction of political philosophy, and of the spread of social evils, which will to all appearance, in the end prove fatal to the existence of the British empire, and of all the European communities. But it is not any general or vague declamation on the progress of corruption, and the growing evils of society, which he has brought forward; he has given a close and cogent chain of reasoning, supported by a formidable array of historical facts, and shown how it is that the evils have arisen – how they bear upon the condition of the great bulk of the people, how they degrade their character, how their habits corrupt their morals and destroy their happiness; and how irremediable, under the prevailing ideas of the influential classes in society, these evils have become. The social injustice and political delusions which, history has now clearly ascertained, were the causes of the ruin of the Roman empire, he sees re-appearing amidst us under different names, but in still more aggravated forms, and with more hopeless influences on society. All this he traces mainly to the ruinous pursuit of wealth, which has seized alike upon our philosophers, our statesmen, and our practical men; which has too fatally verified the saying of Scripture, that "the love of money is the root of all evil;" and converted the noble science of political economy, the end of which is "ut homines feliciter vivant," into the degrading handmaid of wealth.

So strongly is he impressed with this idea, and so convinced of the ruinous direction which the social sciences are taking, under the combined influence of philosophic error and monied ambition, that he thinks it indispensable, that language should mark the lasting and indelible crisis of distinction between the philosophy of general happiness and the means by which national wealth may be augmented. The first he calls "Economie Politique," or "Les Sciences Sociales;" the last "Chrematistique," or the art of accumulating riches in a state.⁴ It is in the conversion of political economy, or the science of making men happy, which of course can only be done by rendering them orderly, moral, and religious, into Chrematistique, or the mere pursuit of the means by which we may augment the sum of national riches, that the unobserved source of by far the greatest social evils of the present day is to be found. These evils are greater than either the slavery of the Romans or the bondage of serfs in modern times; for they have induced the ruinous effects of both these degrading systems, without the alleviating and counteracting advantages with which either was attended. And the way in which this effect flows from the social doctrines of modern times, is this.