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
No industrial right is absolute. They are all conditioned by the
possibilities of the industrial system, and by the desires,
capacities, and actions of the persons who enter into industrial
relations with one another. As we shall see later, this statement is
true even of the right to a living wage. When the industrial resources
are adequate, all persons of average ability who contribute a
reasonable amount of labour to the productive process have a right to
a decent livelihood on two conditions: first, that such labour is
their only means of sustenance; and, second, that their labour is
economically indispensable to those who utilise it or its product.
"Economically indispensable" means that the beneficiary of the labour
would rather give the equivalent of a decent livelihood for it than go
without it. While both these conditions are apparently fulfilled in
the case of the great majority of wage earners, they are only rarely
realised with regard to business men. In most instances the business
man who is unable to make living profits could become an employé, and
thus convert his right to a decent livelihood into a right to a living
wage. Even when no such alternative is open to him, he cannot claim a
strict right to living profits, for the second condition stated above
remains unfulfilled. The consuming public does not regard the business
function of such men as economically indispensable. Rather than pay
the higher prices necessary to provide living profits for the
inefficient business men, consumers will transfer their patronage to
the efficient competitors. Should the retail grocer, for example,
raise his prices in the effort to get living profits, his sales would
fall off to such an extent as to reduce his profits still lower. While
the consumers may be willing to fulfil their obligation of furnishing
living profits for all necessary grocers, they are not willing, nor
are they morally bound, to do so in the case of grocers whose
inability to command sufficient patronage at remunerative prices shows
that they are not necessary to the community. The consuming public
does not want to employ such business men at such a cost.
Nor is the State under obligation to ensure living profits for all
business men. To carry out such a policy, either by enforcing a
sufficiently high level of prices, or by subsidising those who fail to
obtain living profits, would be to compel the public to support
inefficiency.
Public-domain text, read in full here on John Shaqi.
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