Publisher's Synopsis
Excerpt from Capitalism and Communism
And yet the physiocrats had largely realized their theo ries in legislation. Arthur Young, whose writings are still instructive, went from England distrustful of the tendency to increase estates in his own country, and prepossessed in favor of the small holdings of the French agriculturists. But he came back thoroughly convinced that a national polity which compels the subdivision of even hereditary lands, and makes land bear the burden of taxation, minis ters to an inevitable poverty.
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