In no question is the arbitrariness of the historic socialism more
apparent than in the artificial attempts made to formulate a just method
of distribution or remuneration. We have in previous chapters indicated
the different methods proposed in the schools of Saint-Simon, Fourier,
and Louis Blanc. Nothing has so much tended to give a utopian air to
socialistic speculation. Our ideas of justice cannot well be expressed
in a single formula, however comprehensive. It has been the endeavour
more or less of all moralists and legislators since the origin of human
society to elucidate it and reduce it to some kind of reasonable form,
but with only very imperfect results; and socialists are not now likely
to succeed in a task which is really impracticable. Progress in the
realising of justice can be attained only through the collective
enlightenment and moral experience of the race; and it will always fall
short of our ideals, for our ideals rise as we approximate towards a
realisation of them, and so ever leave us behind in the race after
perfection.
We need not say, however, that it is an obvious implicate in every
equitable theory of distribution that remuneration must generally depend
on work or desert. The normal income of the future must be based on
service rendered to society by all able members. Regard will be had to
the needs of the disabled.
It should be emphasised, moreover, that socialism must assert the
supremacy of morality over all the economic processes—production and
exchange as well as distribution. Production should be rational and
systematic. Above all, distribution should be equitable. In these
respects socialism is fundamentally opposed to the one-sided conception
of competition which has been so prevalent. It seeks to supersede the
existing competitive system of industry by a new order, in which reason
and equity shall prevail.
It should also be clear that socialism supplies the much-needed
complement and corrective of the principle of natural liberty advocated
by Adam Smith. The principle of natural liberty had a great historical
value, and when rightly understood must always be regarded as a prime
factor in every theory of social progress. But it can be applied only
under obvious limits, prescribed by reason and morality. The natural
liberty of struggling individuals would, if unchecked, land us in social
chaos. The true freedom of human beings is a rational and ethical
freedom. Such principles ought to prevail in the commercial relations of
nations with each other, as well as in every other department of our
industrial and social life.
Public-domain text, read in full here on John Shaqi.
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