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Excerpt from Two Essays on the Taxation of Unearned IncomesWhence shall come the new barbarians? Go through the squalid quarters of great cities and you may see, even now, their gathering hordes...It is the delusion that precedes destruction whichMoreExcerpt from Two Essays on the Taxation of Unearned IncomesWhence shall come the new barbarians? Go through the squalid quarters of great cities and you may see, even now, their gathering hordes...It is the delusion that precedes destruction which sees in the popular unrest with which the civilized world is now feverishly pulsing, only the passing effect of ephemeral causes. Between democratic institutions and the aristocratic adjustments of society there is an irreconcilable conflict. Here in America, as there in Europe, it can be seen arising.It is, then, for some one to construct an economic science adapted not only to the requirements of the facts but to the need of their amelioration. To this end Economics must cease to be a system of apologetics, the creed of the reactionary, a defense of privilege, a social soothing sirup, a smug pronouncement of the righteousness of whatever is - with the still more disastrous corollary of the unrighteousness of whatever is not...When, in short, we have changed our calling from the painting of Utopias and the capitalizing of dreams, and have, as scientists, brought ourselves somehow into touch with fact, the prosperous may no longer deride us or the disinherited curse. There will need be no laughing then anywhere, and if there be cursing, it will have changed its source.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully- any imperfections that remain are intentionally left to preserve the state of such historical works.