BOOK V Of Legislative and Executive Power CHAPTER XI MORAL EFFECTS OF ARISTOCRACY Nature of aristocracy. - Importance of practical justice. - Species of injustice which aristocracy creates. - Estimate of the injury produced. - Examples. THE features of aristocratically institution are principally two: privilege, and an aggravated monopoly of wealth. The first of these is the essence of aristocracy; the second, that without which aristocracy can rarely be supported. They are both of them in direct opposition to all sound morality, and all generous independence of character. Inequality of wealth is perhaps the necessary result of the institution of property, in any state of progress at which the human mind has yet arrived; and cannot, till the character of the human species is essentially altered, be superseded but by a despotic and positive interference, more injurious to the common welfare, than the...