ABSTRACT

The isolated mans knowledge of his own means and his own wants, required to be replaced by a knowledge of the market, for which the social man was labouring; of its demands and its extent. The number of consumers, their tastes, the extent of their consumption, and their income, regulate the market for which every producer labours. Indeed, if the income does not proportion itself to the population, the latter will not be enough to provide a market by itself. Thus, no calamity can strike the wealth of a nation without contracting at the same time the market that nation offers to producers; whether its capital or its revenues are affected, either its wealthy or its poor will be the worst buyers. He will remain at work for fourteen hours, and he will not rest on holidays; he will deny himself the time devoted previously to pleasure and dissipation, and the same number of workers will turn out more goods.