Labour was the first price, the original purchase - money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased.
Labour was the first price, the original purchase - money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased.
Modern critics of the Conquest have an unlikely ally in the eighteenth-century prophet of laissez-faire economics 'It is not by the importation of gold and silver, that the discovery of America has enriched Europe. ... The commodities of Europe were almost all new to America, and many of those of America were new to Europe. A new set of exchanges, therefore, began t o take place which had never been thought of before, and which should naturally have proved as advantageous to the new, as it certainly did to the old continent. The savage injustice of the Europeans rendered an event, which ought to have been beneficial to all, ruinous and destructive to several of those unfortunate countries.'
© 2020 Inspirational Stories
© 2020 Inspirational Stories