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Strategies & Market Trends : Asia Forum

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To: peter michaelson who wrote (3883)	5/26/1998 12:19:00 PM
From: Mohan Marette	of 9980

Malthusian theory of population my friend.<gg> Peter: I will have to refer you to old man Malthus on this one. Economist, famous for his Essay on the Principle of Population (1798). Perhaps because of the Utilitarian climate of the times, his theory that population when unchecked would increase geometrically while food production could increase only arithmetically had tremendous influence. It followed logically from his thesis that people would rapidly outstrip the supply of food, and since birth control was immoral, only wars, famine, plague, and poverty made it possible for human life to continue. The Philosophical Radicals (the Utilitarians) and most especially many of the factory owners of the late eighteenth and early nineteenth centuries combined this theory with the laissez-faire economics of David Ricardo and James Mill and the utilitarian calculus of Jeremy Bentham (and their own self-interest) to argue that increasing the comforts of the poor did them no favor: short-term comfort would rapidly give way to long-term misery...

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