In short, the theory of Malthus--and herein lies the great merit
of this writer, a merit which none of his colleagues has dreamed
of attributing to him--is a reductio ad absurdum of all political
economy.
As for socialism, that was summed up long since by Plato and
Thomas More in a single word, UTOPIA,--that is, NO-PLACE, a
chimera.
Nevertheless, for the honor of the human mind and that justice
may be done to all, this must be said: neither could economic and
legislative science have had any other beginning than they
did have, nor can society remain in this original position.
Every science must first define its domain, produce and collect
its materials: before system, facts; before the age of art, the
age of learning. The economic science, subject like every other
to the law of time and the conditions of experience, before
seeking to ascertain how things OUGHT TO TAKE PLACE in society,
had to tell us how things DO TAKE PLACE; and all these processes
which the authors speak of so pompously in their books as LAWS,
PRINCIPLES, and THEORIES, in spite of their incoherence and
inconsistency, had to be gathered up with scrupulous diligence,
and described with strict impartiality.
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