Therefore, according to Mr. Mallock, all the extra wealth, amounting to
L800,000,000 a year, is earned by the _machines_, and ought to be paid
to the men who _own_ the machines.
Pretty reasoning, isn't it? And Mr. Mallock is one of those who talk
about the inaccurate thinking of Socialists.
Let us see what it comes to. John Smith invents a machine which makes
three yards of calico where one was made by hand. Tom Jones buys the
machine, or the patent, to make calico. Which of these men is the cause
of the calico output being multiplied by three? Is it the man who owns
the patent, or the man who invented the machine? It is the man who
invented the machine. It is the ability of John Smith which caused the
increase in the calico output. It is, therefore, the ability of John
Smith which earns the extra wealth. Tom Jones, who bought the machines,
is no more the producer of that _extra_ wealth than are the spinners and
weavers he employs.
To whom, then, should the extra wealth belong? To the man who creates
it? or to the man who does not create it? Clearly the wealth should
belong to the man who creates it. Therefore, the whole of the extra
wealth should go to the inventor, to whose ability it is due, and _not_
to the mere capitalist, who only uses the machine.
"But," you may say, "Jones bought the patent from Smith." He did. And he
also buys their labour and skill from the spinners and weavers who work
for him, and in all three cases he pays less than the thing he buys is
worth.
Mr. Mallock makes a great point of telling us that men are not equally
clever, that cleverness produces more wealth than labour produces, and
that one man is worth more than another to the nation.
Labour, he says, is common to all men, but ability is the monopoly of
the few. The bulk of the wealth is produced by the few, and ought by
them to be enjoyed.
But I don't think any Socialist ever claimed that all men were of equal
value to the nation, nor that any one man could produce just as much
wealth as any other. We know that one man is stronger than another, that
one is cleverer than another, and that an inventor or thinker may design
or invent some machine or process which will enable the workers to
produce more wealth in one year than they could by their own methods
produce in twenty.
Now, before we go into the matter of the inventor, or of the value of
genius to the nation, let us test these ideas of Mr. W. H. Mallock's and
see what they lead to.
A man invents a machine which does the work of ten handloom weavers. He
is therefore worth more, as a weaver, than the ordinary weaver who
invents nothing. How much more?
If his machine does the work of ten men, you might think he was worth
ten men. But he is worth very much more.
Public-domain text, read in full here on John Shaqi.
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