148 NO STRUGGLE NO SELECTION 



ence must come to him, in some form or other, from 

 the labour market. 



Many obtain their living and live luxuriously, 

 without by their own labour^ being producers. Thus 

 a man who inherits a great estate may entrust the 

 management of it to an overseer, and be himself 

 simply a recipient and spender of the rent. But as 

 the mere possessor of the estate he occupies a very 

 important post in the labour market ; for the land 

 which he owns supplies the means of living, to his 

 tenants and their labourers, to himself, his servants 

 and tradesmen. 



Suppose, again, that a man has inherited a large 

 fortune from his father ; no part of his wealth is 

 uselessly stored up in a cellar, or in a chest from which 

 he takes out, as occasion requires, the expenses of his 

 maintenance. His wealth is invested in money-making 

 concerns, yielding his income by its employment. 

 This means that it is promoting industrial and 

 commercial enterprises, and providing the means of 

 subsistence to a multitude of labourers. Even if we 

 close our eyes to the fact of the wealthy man being 

 in this way, a promoter of productive industry, he 

 cannot help affording the means of subsistence to a 

 number of families in the mere spending of his income. 



Apart from ancestral possession of lands, the large 

 fortunes possessed by individuals in this country have 

 been accumulated in the labour market, and, in the first 

 place, they form reservoirs of capital for the promotion 

 ami maintenance of all sorts of industrial enterprises, 



