The cure which Mr. Southey thinks that he has discovered is worthy of the sagacity which he has shown in detecting the evil. The calamities arising from the collection of wealth in the hands of a few capitalists are to be remedied by collecting it in the hands of one great capitalist, who has no conceivable motive to use it better than other capitalists, the all-devouring State.

It is not strange that, differing so widely from Mr. Southey as to the past progress of society, we should differ from him also as to its probable destiny. He thinks, that to all outward appearance, the country is hastening to destruction; but he relies firmly on the goodness of God. We do not see either the piety or the rationality of thus confidently expecting that the Supreme Being will interfere to disturb the common succession of causes and effects. We, too, rely on his goodness, on his goodness as manifested, not in extraordinary interpositions, but in those general laws which it has pleased him to establish in the physical and in the moral world. We rely on the natural tendency of the human intellect to truth, and on the natural tendency of society to improvement. We know no well-authenticated instance of a people which has decidedly retrograded in civilisation and prosperity, except from the influence of violent and terrible calamities, such as those which laid the Roman Empire in ruins, or those which, about the beginning of the sixteenth century, desolated Italy. We know of no country which, at the end of fifty years of peace and tolerably good government, has been less prosperous than at the beginning of that period. The political importance of a state may decline, as the balance of power is disturbed by the introduction of new forces. Thus the influence of Holland and of Spain is much diminished. But are Holland and Spain poorer than formerly? We doubt it. Other countries have outrun them. But we suspect that they have been positively, though not relatively, advancing. We suspect that Holland is richer than when she sent her navies up the Thames, that Spain is richer than when a French king was brought captive to the footstool of Charles the Fifth.

Critical and Historical Essays, Volume 2 — Part 181

History is full of the signs of this natural progress of society. We see in almost every part of the annals of mankind how the industry of individuals, struggling up against wars, taxes, famines, conflagrations, mischievous prohibitions, and more mischievous protections, creates faster than governments can squander, and repairs whatever invaders can destroy. We see the wealth of nations increasing, and all the arts of life approaching nearer and nearer to perfection, in spite of the grossest corruption and the wildest profusion on the part of rulers.

Critical and Historical Essays, Volume 2 — Part 181