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"The question consists in, whether this stagnation in accumulation of capital can andStagnation following from here in demand for the work, generated by increase Productions without respective increase in unproductive consumption
Landlords and capitalists to take place without damage to the country, without conducting to
Smaller degree of happiness and riches, than it would be in the event that Unproductive consumption of landlords and capitalists was in the such The relation to natural surpluses of company to supply the continuous Maintenance of stimulus to production to prevent at first the abnormal
Demand for work, and then inevitable and sudden reduction of this demand. But
If it so as it is possible to say that thrift though it and can be Harmful to manufacturers, cannot be harmful to the state or that Increase in unproductive consumption of landlords and capitalists not It can sometimes appear suitable means for position correction, when Motives to production have weakened "(175).
"Adam Smith asserted that capitals increase thrift that Each economical person is the benefactor of company and that increase Riches depends on excess of production over consumption. That these Positions are largely correct, is not subject to doubt... But Abundantly clear that they cannot be true indefinitely and that The principle of savings finished excessively, would undermine stimulus to To production. If each was content with the most simple food most
Modest clothes and - housing accommodation, that, obviously, also would not exist any
Other kinds of food, clothes and housing accommodation... Probably, also other - extreme measures. From here
Follows that there should be any average level - though The political economy, perhaps, also cannot establish it, - at which,
Considering a condition of productive forces and desire to consume, encouragement
Riches growth would be the greatest "(176).
"Among all opinions stated by capable and clever people, with which I had to meet, opinion of Seja asserting that "consumed or
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