Collected writings of Clarence Edwin Flynn, first series : $b 1929 and earlierFlynn, Clarence Edwin
Religion
Collected writings of Clarence Edwin Flynn, first series : $b 1929 and earlier
Flynn, Clarence Edwin
American literature -- 20th century; Christian literature; Didactic literature
On the one hand, he always stands a chance of failing to receive what
rightfully should be his, a situation which does not represent good
business. On the other hand, he also stands a chance of receiving what he
does not earn, a situation which does not represent good business either.
It should be possible by means of having a stable price scale to make it
practically sure that every person concerned in the process of production
would receive his due. Naturally the highest reward would come to the man
of greatest earning power. The result would be the placing of a premium
upon industry and efficiency. Until we do so we shall have no oversupply
of either.
Uncertainty of prices has one serious social tendency. It produces a
certain spirit of unrest on the part of the consumer. It may be true that
the average person overdraws some of his conclusions on this question. It
may be, too, that he bases some of them upon insufficient reasons. At the
same time, however, his attitude is a fact which must be met and
reckoned with.
What the consumer thinks is no inconsiderable matter. He is not a small
minority without power or influence. He is a vast majority, swaying the
very life of the State as he will, for in one way or another we are all
consumers. Moreover, the consumer has the last word in every argument.
He holds the purse-strings, and when he is tired of talking, he can stop
buying. It does not bode well when he conceives the feeling that undue
difficulty attaches to trying to exist on the planet.
He is not unreasonable. On the contrary, he is quite reasonable. He wants
the other party, as well as himself, to have all that is his due. He has
no objections to meeting the real cost of an article. He has some notions,
however, as to what that cost should be. If prices go up, he expects them
to have some proper reason for doing so. He works for his living, and he
expects others to do the same. When he cannot count on what a day may
bring forth, he cannot plan his financial future, for he has no idea one
season what it is going to cost him to live the next. He has a feeling
that it is time to get prices adjusted as they should be in fairness to
all concerned, and then keep them so.
One of the worst difficulties with our fluctuating system of prices is the
fact that it does not make adequate provision for the economic life of the
country. Our commercial system has the same function in the service of
society that the blood has in maintaining the life of the body. Its work
is to carry supplies promptly, effectively, and regularly to all the
points where they are needed.
The body is not in good health when the blood overfeeds it part of the
time and starves it the rest of the time. It is not proper, either, to
have congestion at one point and anaemia at another. The function of
circulation must go on with uninterrupted constancy.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account