Under the name of profits, rent, interest upon capital, surplus value, and the like, economists have eagerly discussed the benefits which the owners of land or capital, or some privileged nations, can derive, either from the under-paid work of the wage-labourer, or from the inferior position of one class of the community toward another class, or from the inferior economical development of one nation towards another nation. These profits being shared in a very unequal proportion between the different individuals, classes and nations engaged in production, considerable pains were taken to study the present apportionment of the benefits, and its economical and moral consequences, as well as the changes in the present economical organisation of society which might bring about a more equitable distribution of a rapidly accumulating wealth. It is upon questions relating to the right to that increment of wealth that the hottest battles are now fought between economists of different schools.
In the meantime the great question “What have we to produce, and how?” necessarily remained in the background. Political economy, as it gradually emerges from its semi-scientific stage, tends more and more to become a science devoted to the study of the needs of men and of the means of satisfying them with the least possible waste of energy, — that is, a sort of physiology of society. But few economists, as yet, have recognised that this is the proper domain of economics, and have attempted to treat their science from this point of view. The main subject of social economy — that is, the economy of energy required for the satisfaction of human needs — is consequently the last subject which one expects to find treated in a concrete form in economical treatises.
The following pages are a contribution to a portion of this vast subject. They contain a discussion of the advantages which civilised societies