ABSTRACT

The revenues from capitalistic property are, on the contrary, subdivided into two distinct categories, rent and profits, differing from each other substantially, and even showing dynamic opposition. The revenue-holders though dominated as a class by the common desire of preserving and augmenting their income, are at the same time equally desirous of increasing the special kind of revenue acquired by each group. The comparative constitutional history of England and Scotland affords striking instances of this effect of the bipartition of the revenues. Un-productive labour’s share in the revenues naturally implies its participation in political sovereignty. The dominant class limits its delegated sovereignty when its existence is assured, but willingly accords more authority when the opposing factors become numerous and powerful, or, in other words, as the rival revenue becomes stronger and more compact. The social function of the bipartition of the revenues shows itself under different aspects in other countries.