A Hundred Years Hence: The Expectations of an OptimistRussell, T. Baron
Philosophy
A Hundred Years Hence: The Expectations of an Optimist
Russell, T. Baron
Forecasting; Twentieth century -- Forecasts
Once this principle is discovered and acted upon; once it is illegal
for any person or corporation to be seised of more than a certain fixed
capital; the dangers of inconvenient aggrandisement will vanish. Nor
is this principle in any way unprogressive or injurious to the
commonwealth. It is, in fact, not even injurious to the individuals
affected. No reasonably-enlightened being can pretend that a sensible
hardship would be inflicted on millionaires by being forbidden to
pile Pelion upon Ossa in their present insane manner. A very rich man,
compelled to desist from the accumulation of wealth, and consequently
driven to the task of finding out how to enjoy it intelligently, would
be almost infinitely better off for this constraint. The effect of the
ordinance for the limitation of wealth will be to remove all temptation
to concentrate manufactures in a few hands. It will open the doors
shut by trust companies on competition. It will multiply factories of
moderate and convenient size: and one other effect of it will be to
improve many manufacturing processes in themselves. There are a great
many things which can be cheaply turned out in uniform batches, every
article exactly the counterpart of every other, hideous in economical
uniformity, because they all emanate from one or two great factories,
which, if the manufacture of them were distributed over a number of
small factories, would, from this circumstance alone, and from the
stress of wholesome competition, be greatly improved. Probably many
industries, desirable in themselves, but driven out of successful
being by our present system of concentrated manufacturing, would
revive. Crafts of what we call regretfully the good old kinds would
spring up, rejuvenated: cheap uniformity would cease to be the
principal ideal of manufacture. The people would be able to afford
agreeable furniture, utensils, decorations, and household goods of
all kinds, where they now have to put up with horrible but cheap
makeshifts. For one great advantage of the ordinance just predicted
must not be lost sight of. When you restrain the rich from becoming
inordinately richer, you concurrently save the poor from being made
proportionately poorer. This ideal, it should be remarked, is in no
sense socialistic. It is, on the contrary, the natural development
of individualism.
Public-domain text, read in full here on John Shaqi.
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