from Part II - Market Economies
Published online by Cambridge University Press: 24 April 2020
Chapter 3 investigates Burke’s thoughts on the Corn Laws and the enclosure movement. Burke’s support for the corn bounty was one of the rare exceptions in which he defended state intervention in the market. Burke believed that the bounty had made corn cheaper in the long run and empowered the landed interest to compete in the foreign market. I also examine how Burke generally viewed enclosure in a favorable light for encouraging productive agricultural activity; he maintained, however, that the practice should be carried out in a transparent and lawful manner. In addition, I explore broader themes of Burke’s views on the agricultural economy. He held that the rich were the trustees of the poor, and thus possessed the moral resonsibility to aid them in times of need. I further outline his discussion of the varieties of labor in Thoughts and Details, which he used to demonstrate the hazards in establishing a uniform wage regulation that overlooked such differences. I also investigate Burke’s antipathy to wealth redistribution in the grain market. In his judgment, schemes to take wealth from some to give to others would lead to universal poverty, not universal opulence, and would cause social disorder.
To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
Find out more about the Kindle Personal Document Service.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.