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<h2> Chapter Two ~~ Pecuniary Emulation </h2>
<p>In the sequence of cultural evolution the emergence of a leisure class
coincides with the beginning of ownership. This is necessarily the case,
for these two institutions result from the same set of economic forces. In
the inchoate phase of their development they are but different aspects of
the same general facts of social structure.</p>
<p>It is as elements of social structure—conventional facts—that
leisure and ownership are matters of interest for the purpose in hand. An
habitual neglect of work does not constitute a leisure class; neither does
the mechanical fact of use and consumption constitute ownership. The
present inquiry, therefore, is not concerned with the beginning of
indolence, nor with the beginning of the appropriation of useful articles
to individual consumption. The point in question is the origin and nature
of a conventional leisure class on the one hand and the beginnings of
individual ownership as a conventional right or equitable claim on the
other hand.</p>
<p>The early differentiation out of which the distinction between a leisure
and a working class arises is a division maintained between men's and
women's work in the lower stages of barbarism. Likewise the earliest form
of ownership is an ownership of the women by the able bodied men of the
community. The facts may be expressed in more general terms, and truer to
the import of the barbarian theory of life, by saying that it is an
ownership of the woman by the man.</p>
<p>There was undoubtedly some appropriation of useful articles before the
custom of appropriating women arose. The usages of existing archaic
communities in which there is no ownership of women is warrant for such a
view. In all communities the members, both male and female, habitually
appropriate to their individual use a variety of useful things; but these
useful things are not thought of as owned by the person who appropriates
and consumes them. The habitual appropriation and consumption of certain
slight personal effects goes on without raising the question of ownership;
that is to say, the question of a conventional, equitable claim to
extraneous things.</p>
<p>The ownership of women begins in the lower barbarian stages of culture,
apparently with the seizure of female captives. The original reason for
the seizure and appropriation of women seems to have been their usefulness
as trophies. The practice of seizing women from the enemy as trophies,
gave rise to a form of ownership-marriage, resulting in a household with a
male head. This was followed by an extension of slavery to other captives
and inferiors, besides women, and by an extension of ownership-marriage to
other women than those seized from the enemy. The outcome of emulation
under the circumstances of a predatory life, therefore, has been on the
one hand a form of marriage resting on coercion, and on the other hand the
custom of ownership. The two institutions are not distinguishable in the
initial phase of their development; both arise from the desire of the
successful men to put their prowess in evidence by exhibiting some durable
result of their exploits. Both also minister to that propensity for
mastery which pervades all predatory communities. From the ownership of
women the concept of ownership extends itself to include the products of
their industry, and so there arises the ownership of things as well as of
persons.</p>
<p>In this way a consistent system of property in goods is gradually
installed. And although in the latest stages of the development, the
serviceability of goods for consumption has come to be the most obtrusive
element of their value, still, wealth has by no means yet lost its utility
as a honorific evidence of the owner's prepotence.</p>
<p>Wherever the institution of private property is found, even in a slightly
developed form, the economic process bears the character of a struggle
between men for the possession of goods. It has been customary in economic
theory, and especially among those economists who adhere with least
faltering to the body of modernised classical doctrines, to construe this
struggle for wealth as being substantially a struggle for subsistence.
Such is, no doubt, its character in large part during the earlier and less
efficient phases of industry. Such is also its character in all cases
where the "niggardliness of nature" is so strict as to afford but a scanty
livelihood to the community in return for strenuous and unremitting
application to the business of getting the means of subsistence. But in
all progressing communities an advance is presently made beyond this early
stage of technological development. Industrial efficiency is presently
carried to such a pitch as to afford something appreciably more than a
bare livelihood to those engaged in the industrial process. It has not
been unusual for economic theory to speak of the further struggle for
wealth on this new industrial basis as a competition for an increase of
the comforts of life,—primarily for an increase of the physical
comforts which the consumption of goods affords.</p>
<p>The end of acquisition and accumulation is conventionally held to be the
consumption of the goods accumulated—whether it is consumption
directly by the owner of the goods or by the household attached to him and
for this purpose identified with him in theory. This is at least felt to
be the economically legitimate end of acquisition, which alone it is
incumbent on the theory to take account of. Such consumption may of course
be conceived to serve the consumer's physical wants—his physical
comfort—or his so-called higher wants—spiritual, aesthetic,
intellectual, or what not; the latter class of wants being served
indirectly by an expenditure of goods, after the fashion familiar to all
economic readers.</p>
<p>But it is only when taken in a sense far removed from its naive meaning
that consumption of goods can be said to afford the incentive from which
accumulation invariably proceeds. The motive that lies at the root of
ownership is emulation; and the same motive of emulation continues active
in the further development of the institution to which it has given rise
and in the development of all those features of the social structure which
this institution of ownership touches. The possession of wealth confers
honour; it is an invidious distinction. Nothing equally cogent can be said
for the consumption of goods, nor for any other conceivable incentive to
acquisition, and especially not for any incentive to accumulation of
wealth.</p>
<p>It is of course not to be overlooked that in a community where nearly all
goods are private property the necessity of earning a livelihood is a
powerful and ever present incentive for the poorer members of the
community. The need of subsistence and of an increase of physical comfort
may for a time be the dominant motive of acquisition for those classes who
are habitually employed at manual labour, whose subsistence is on a
precarious footing, who possess little and ordinarily accumulate little;
but it will appear in the course of the discussion that even in the case
of these impecunious classes the predominance of the motive of physical
want is not so decided as has sometimes been assumed. On the other hand,
so far as regards those members and classes of the community who are
chiefly concerned in the accumulation of wealth, the incentive of
subsistence or of physical comfort never plays a considerable part.
Ownership began and grew into a human institution on grounds unrelated to
the subsistence minimum. The dominant incentive was from the outset the
invidious distinction attaching to wealth, and, save temporarily and by
exception, no other motive has usurped the primacy at any later stage of
the development.</p>
<p>Property set out with being booty held as trophies of the successful raid.
So long as the group had departed and so long as it still stood in close
contact with other hostile groups, the utility of things or persons owned
lay chiefly in an invidious comparison between their possessor and the
enemy from whom they were taken. The habit of distinguishing between the
interests of the individual and those of the group to which he belongs is
apparently a later growth. Invidious comparison between the possessor of
the honorific booty and his less successful neighbours within the group
was no doubt present early as an element of the utility of the things
possessed, though this was not at the outset the chief element of their
value. The man's prowess was still primarily the group's prowess, and the
possessor of the booty felt himself to be primarily the keeper of the
honour of his group. This appreciation of exploit from the communal point
of view is met with also at later stages of social growth, especially as
regards the laurels of war.</p>
<p>But as soon as the custom of individual ownership begins to gain
consistency, the point of view taken in making the invidious comparison on
which private property rests will begin to change. Indeed, the one change
is but the reflex of the other. The initial phase of ownership, the phase
of acquisition by naive seizure and conversion, begins to pass into the
subsequent stage of an incipient organization of industry on the basis of
private property (in slaves); the horde develops into a more or less
self-sufficing industrial community; possessions then come to be valued
not so much as evidence of successful foray, but rather as evidence of the
prepotence of the possessor of these goods over other individuals within
the community. The invidious comparison now becomes primarily a comparison
of the owner with the other members of the group. Property is still of the
nature of trophy, but, with the cultural advance, it becomes more and more
a trophy of successes scored in the game of ownership carried on between
the members of the group under the quasi-peaceable methods of nomadic
life.</p>
<p>Gradually, as industrial activity further displaced predatory activity in
the community's everyday life and in men's habits of thought, accumulated
property more and more replaces trophies of predatory exploit as the
conventional exponent of prepotence and success. With the growth of
settled industry, therefore, the possession of wealth gains in relative
importance and effectiveness as a customary basis of repute and esteem.
Not that esteem ceases to be awarded on the basis of other, more direct
evidence of prowess; not that successful predatory aggression or warlike
exploit ceases to call out the approval and admiration of the crowd, or to
stir the envy of the less successful competitors; but the opportunities
for gaining distinction by means of this direct manifestation of superior
force grow less available both in scope and frequency. At the same time
opportunities for industrial aggression, and for the accumulation of
property, increase in scope and availability. And it is even more to the
point that property now becomes the most easily recognised evidence of a
reputable degree of success as distinguished from heroic or signal
achievement. It therefore becomes the conventional basis of esteem. Its
possession in some amount becomes necessary in order to any reputable
standing in the community. It becomes indispensable to accumulate, to
acquire property, in order to retain one's good name. When accumulated
goods have in this way once become the accepted badge of efficiency, the
possession of wealth presently assumes the character of an independent and
definitive basis of esteem. The possession of goods, whether acquired
aggressively by one's own exertion or passively by transmission through
inheritance from others, becomes a conventional basis of reputability. The
possession of wealth, which was at the outset valued simply as an evidence
of efficiency, becomes, in popular apprehension, itself a meritorious act.
Wealth is now itself intrinsically honourable and confers honour on its
possessor. By a further refinement, wealth acquired passively by
transmission from ancestors or other antecedents presently becomes even
more honorific than wealth acquired by the possessor's own effort; but
this distinction belongs at a later stage in the evolution of the
pecuniary culture and will be spoken of in its place.</p>
<p>Prowess and exploit may still remain the basis of award of the highest
popular esteem, although the possession of wealth has become the basis of
common place reputability and of a blameless social standing. The
predatory instinct and the consequent approbation of predatory efficiency
are deeply ingrained in the habits of thought of those peoples who have
passed under the discipline of a protracted predatory culture. According
to popular award, the highest honours within human reach may, even yet, be
those gained by an unfolding of extraordinary predatory efficiency in war,
or by a quasi-predatory efficiency in statecraft; but for the purposes of
a commonplace decent standing in the community these means of repute have
been replaced by the acquisition and accumulation of goods. In order to
stand well in the eyes of the community, it is necessary to come up to a
certain, somewhat indefinite, conventional standard of wealth; just as in
the earlier predatory stage it is necessary for the barbarian man to come
up to the tribe's standard of physical endurance, cunning, and skill at
arms. A certain standard of wealth in the one case, and of prowess in the
other, is a necessary condition of reputability, and anything in excess of
this normal amount is meritorious.</p>
<p>Those members of the community who fall short of this, somewhat
indefinite, normal degree of prowess or of property suffer in the esteem
of their fellow-men; and consequently they suffer also in their own
esteem, since the usual basis of self-respect is the respect accorded by
one's neighbours. Only individuals with an aberrant temperament can in the
long run retain their self-esteem in the face of the disesteem of their
fellows. Apparent exceptions to the rule are met with, especially among
people with strong religious convictions. But these apparent exceptions
are scarcely real exceptions, since such persons commonly fall back on the
putative approbation of some supernatural witness of their deeds.</p>
<p>So soon as the possession of property becomes the basis of popular esteem,
therefore, it becomes also a requisite to the complacency which we call
self-respect. In any community where goods are held in severalty it is
necessary, in order to his own peace of mind, that an individual should
possess as large a portion of goods as others with whom he is accustomed
to class himself; and it is extremely gratifying to possess something more
than others. But as fast as a person makes new acquisitions, and becomes
accustomed to the resulting new standard of wealth, the new standard
forthwith ceases to afford appreciably greater satisfaction than the
earlier standard did. The tendency in any case is constantly to make the
present pecuniary standard the point of departure for a fresh increase of
wealth; and this in turn gives rise to a new standard of sufficiency and a
new pecuniary classification of one's self as compared with one's
neighbours. So far as concerns the present question, the end sought by
accumulation is to rank high in comparison with the rest of the community
in point of pecuniary strength. So long as the comparison is distinctly
unfavourable to himself, the normal, average individual will live in
chronic dissatisfaction with his present lot; and when he has reached what
may be called the normal pecuniary standard of the community, or of his
class in the community, this chronic dissatisfaction will give place to a
restless straining to place a wider and ever-widening pecuniary interval
between himself and this average standard. The invidious comparison can
never become so favourable to the individual making it that he would not
gladly rate himself still higher relatively to his competitors in the
struggle for pecuniary reputability.</p>
<p>In the nature of the case, the desire for wealth can scarcely be satiated
in any individual instance, and evidently a satiation of the average or
general desire for wealth is out of the question. However widely, or
equally, or "fairly", it may be distributed, no general increase of the
community's wealth can make any approach to satiating this need, the
ground of which is the desire of every one to excel every one else in the
accumulation of goods. If, as is sometimes assumed, the incentive to
accumulation were the want of subsistence or of physical comfort, then the
aggregate economic wants of a community might conceivably be satisfied at
some point in the advance of industrial efficiency; but since the struggle
is substantially a race for reputability on the basis of an invidious
comparison, no approach to a definitive attainment is possible.</p>
<p>What has just been said must not be taken to mean that there are no other
incentives to acquisition and accumulation than this desire to excel in
pecuniary standing and so gain the esteem and envy of one's fellow-men.
The desire for added comfort and security from want is present as a motive
at every stage of the process of accumulation in a modern industrial
community; although the standard of sufficiency in these respects is in
turn greatly affected by the habit of pecuniary emulation. To a great
extent this emulation shapes the methods and selects the objects of
expenditure for personal comfort and decent livelihood.</p>
<p>Besides this, the power conferred by wealth also affords a motive to
accumulation. That propensity for purposeful activity and that repugnance
to all futility of effort which belong to man by virtue of his character
as an agent do not desert him when he emerges from the naive communal
culture where the dominant note of life is the unanalysed and
undifferentiated solidarity of the individual with the group with which
his life is bound up. When he enters upon the predatory stage, where
self-seeking in the narrower sense becomes the dominant note, this
propensity goes with him still, as the pervasive trait that shapes his
scheme of life. The propensity for achievement and the repugnance to
futility remain the underlying economic motive. The propensity changes
only in the form of its expression and in the proximate objects to which
it directs the man's activity. Under the regime of individual ownership
the most available means of visibly achieving a purpose is that afforded
by the acquisition and accumulation of goods; and as the self-regarding
antithesis between man and man reaches fuller consciousness, the
propensity for achievement—the instinct of workmanship—tends
more and more to shape itself into a straining to excel others in
pecuniary achievement. Relative success, tested by an invidious pecuniary
comparison with other men, becomes the conventional end of action. The
currently accepted legitimate end of effort becomes the achievement of a
favourable comparison with other men; and therefore the repugnance to
futility to a good extent coalesces with the incentive of emulation. It
acts to accentuate the struggle for pecuniary reputability by visiting
with a sharper disapproval all shortcoming and all evidence of shortcoming
in point of pecuniary success. Purposeful effort comes to mean, primarily,
effort directed to or resulting in a more creditable showing of
accumulated wealth. Among the motives which lead men to accumulate wealth,
the primacy, both in scope and intensity, therefore, continues to belong
to this motive of pecuniary emulation.</p>
<p>In making use of the term "invidious", it may perhaps be unnecessary to
remark, there is no intention to extol or depreciate, or to commend or
deplore any of the phenomena which the word is used to characterise. The
term is used in a technical sense as describing a comparison of persons
with a view to rating and grading them in respect of relative worth or
value—in an aesthetic or moral sense—and so awarding and
defining the relative degrees of complacency with which they may
legitimately be contemplated by themselves and by others. An invidious
comparison is a process of valuation of persons in respect of worth.</p>
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