Distributive Justice: The Right and Wrong of Our Present Distribution of WealthRyan, John A. (John Augustine)
PhilosophyChristian
Distributive Justice: The Right and Wrong of Our Present Distribution of Wealth
Ryan, John A. (John Augustine)
Economic history; Income distribution -- Moral and ethical aspects; Wealth -- Religious aspects
Desirable as would be such an addition to the remuneration of labour,
it could never be realised through the process of confiscation. The
owners of land and capital would be sufficiently powerful to defeat
any such simple scheme of setting up the collectivist commonwealth.
They constitute probably a majority of the adults of our population,
and their economic advantages would make them much stronger relatively
than their numbers.[126] Ethically the policy of confiscation would
be, on the whole, sheer robbery. To be sure, not all owners of land
and capital have a valid claim to all their possessions, but
practically all of them hold the greater part of their wealth by some
kind of just title. Much land and capital that was originally acquired
by unjust means has become morally legitimatised by the title of
prescription.
The majority of present day Socialists seem to advocate at least
partial compensation.[127] But this plan does not seem to offer any
considerable advantage over complete confiscation. As regards
morality, it would differ only in the degree of its injustice; as
regards expediency, it would be at best of doubtful efficacy. If the
capitalists were given only a small fraction of the value of their
holdings they would oppose the change with quite as much
determination as though they were offered nothing; if they were paid
almost the full value of their possessions there would be no
substantial gain to the community from the transfer; if they were
compensated at a figure somewhere between these two extremes their
resistance would still be more costly to the State than the extra
amount required to make full compensation.
Public-domain text, read in full here on John Shaqi.
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