But such consumption is not consistent with the actual habits of the generality of capitalists. The great object of their lives is to save a fortune,… - Thomas Robert Malthus

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But such consumption is not consistent with the actual habits of the generality of capitalists. The great object of their lives is to save a fortune, both because it is their duty to make a provision for their families, and because they cannot spend an income with so much comfort to themselves, while they are obliged perhaps to attend a counting house for seven or eight hours a day...
...There must therefore be a considerable class of persons who have both the will and power to consume more material wealth than they produce, or the mercantile classes could not continue profitably to produce so much more than they consume.

English
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About Thomas Robert Malthus

Thomas Robert Malthus (13 February 1766 – 29 December 1834) was an English demographer and political economist best known for his pessimistic but highly influential views on population growth.

Also Known As

Native Name: Thomas Malthus
Alternative Names: Thomas R. Malthus

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Additional quotes by Thomas Robert Malthus

It is quite obvious therefore, that the knowledge and prudence of the poor themselves, are absolutely the only means by which any general and permanent improvement in their condition can be effected. They are really the arbiters of their own destiny; and what others can do for themselves. These truths are so important to the happiness of the great mass of society, that every opportunity should be taken of repeating them.

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In prosperous times the mercantile classes often realize fortunes, which go far towards securing them against the future; but unfortunately the working classes, though they share in the general prosperity, do not share in it so largely as in the general adversity.

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