But the admiration of wealth in many countries goes far beyond this; it ceases to regard in any degree the skill of acquisition; it respects wealth in the hands of the inheritor just as much as in the hands of the maker; it is a simple envy and love of a heap of gold as a heap of gold.
Walter Bagehot: “But the admiration of wealth in many countries goes far beyond this; it ceases to regard in any degree the skill of…”
Editor's note · Context
This quote critiques the unearned respect given to inherited wealth, equating it to envy rather than merit.
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The casual line was traced according to the strength of deceased combatants; succeeding generations fought elsewhere; and the hesitating line of a half-drawn battle was left to stand for a perpetual limit.
Just so the lines of our Constitution were framed in old eras of sparse population, few wants, and simple habits; and we adhere in seeming to their shape, though civilisation has come with its dangers, complications, and enjoyments.
I cannot, therefore, join in the full cry against anomalies; in my judgment it may quickly overrun the scent, and so miss what we should be glad to find.
But it is natural also that persons used to analyse political institutions should look at these anomalies with a little tenderness and a little interest.





