A Critical Examination of SocialismMallock, W. H. (William Hurrell)
Philosophy
A Critical Examination of Socialism
Mallock, W. H. (William Hurrell)
Communism; Socialism
When socialism, says Mr. Sidney Webb, shall have abolished all other
monopolies, there will still remain to be dealt with the most formidable
monopoly of all--namely, "the natural monopoly of business ability," or
"the special ability and energy with which some persons are born." The
services of these monopolists, he sees and fully admits, would be as
essential to a socialistic as they are to any other community which
desires to prosper according to modern standards. He sees and admits
also that these exceptional men will not continuously exert or even
develop their talents unless society can supply them with some adequate
motive or stimulus. Accordingly, since he maintains that no scheme of
society would be socialistic in any practical sense which did not
completely, or at least approximately, eliminate the motive mainly
operative among such men at present--namely, that supplied by the
possibility of exceptional economic gain--he fairly faces the fact that
some motive of a different kind will have to be discovered by socialists
which shall take the place of this.
I mention Mr. Webb in particular merely because he represents the views
which all intellectual socialists are coming to hold likewise. This
specific problem of how to provide the natural monopolists of business
ability with all adequate motive to develop and exercise their talents
is engaging more and more the attention of the higher socialistic
thinkers; and if we take together the passages in their writings which
deal with it, it has by this time a voluminous literature of its own.
We shall find that the arguments brought forward by them in this
connection divide themselves broadly into two classes, one of which
deals with the problem of motive directly, while the other class aims at
preparing the way to its solution by showing in advance that its
difficulties are far less formidable than they appear to be. Without
insisting on the manner in which they are urged by individual writers,
we will take these two classes of argument in the logical order which
they assume when we consider their general character.
These preparatory arguments, with which we will accordingly begin, while
admitting that some men are undoubtedly more able than others, aim at
showing that the superiority of such men to their fellows is not so
great as it seems to be, and that any claims made by them to exceptional
reward on account of it consequently tend to reduce themselves to very
modest proportions.
Public-domain text, read in full here on John Shaqi.
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