Cover of The Forgotten Man, and Other Essays

The Forgotten Man, and Other Essays

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  • 11 hours to read
  • 7 chapters
  • Reading level: 8th & 9th grade

"The Forgotten Man and Other Essays" by William Graham Sumner is a collection of essays focusing on political economy and social philosophy written in the early 20th century. The work explores various economic concepts, particularly addressing the implications and critiques of protectionism, as well as advocating for free trade and sound money principles. Sumner's compelling arguments delve into the moral and economic dimensions of state intervention and taxation, urging readers to consider the broader impacts of these policies on society. The opening of this work includes a preface that sets the context for the collection and introduces the reader to Sumner's critical examination of protectionism. He notes that the ensuing essays were written to address misunderstandings surrounding free trade and protectionist policies that had emerged during his time, particularly around the late 19th and early 20th centuries. Sumner expresses his intention to make economic concepts accessible to the general public rather than merely academic, thus underlining the democratic significance of economic understanding. He asserts that protective tax policies lead to economic inefficiencies and moral injustices, advocating instead for a system that prioritizes individual rights and emphasizes the importance of free trade as a path toward genuine prosperity.

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  • Economics
  • Social sciences

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Chapter I

DEFINITIONS: STATEMENT OF THE QUESTION TO BE INVESTIGATED

(A) THE SYSTEM OF WHICH PROTECTION IS A SURVIVAL.

1. The statesmen of the eighteenth century supposed that their business was the art of national prosperity. Their procedure was to form ideals of political greatness and civil prosperity on the one hand, and to evolve out of their own consciousness grand dogmas of human happiness and social welfare on the other hand. Then they tried to devise specific means for connecting these two notions with each other. Their ideals of political greatness contained, as predominant elements, a brilliant court, a refined and elegant aristocracy, well-developed fine arts and belles lettres, a powerful army and navy, and a peaceful, obedient, and hard-working peasantry and artisan class to pay the taxes and support the other part of the political structure. In this ideal the lower ranks paid upward, and the upper ranks blessed downward, and all were happy together. The great political and social dogmas of the period were exotic and incongruous. They were borrowed or accepted from the classical authorities. Of course the dogmas were chiefly held and taught by the philosophers, but, as the century ran its course, they penetrated the statesman class. The statesman who had had no purpose save to serve the “grandeur” of the king, or to perpetuate a dynasty, gave way to statesmen who had strong national feeling and national ideals, and who eagerly sought means to realize their ideals. Having as yet no definite notion, based on facts of observation and experience, of what a human society or a nation is, and no adequate knowledge of the nature and operation of social forces, they were driven to empirical processes which they could not test, or measure, or verify. They piled device upon device and failure upon failure. When one device failed of its intended purpose and produced an unforeseen evil, they invented a new device to prevent the new evil. The new device again failed to prevent, and became a cause of a new harm, and so on indefinitely.

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Contents

  1. Front Matter
  2. Preface
  3. Chapter I
  4. Chapter II
  5. Chapter III
  6. Chapter IV
  7. Chapter V

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About this edition

This free edition of The Forgotten Man, and Other Essays by William Graham Sumner comes from Project Gutenberg eBook #65693, released 2021-06-25. It is in the public domain in the United States, so you can read it here in full at no cost, on any phone, tablet or computer. Genre: Essays, Letters & Speeches, Politics, Economics.

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