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
The early English Socialists were more consistent. In 1793 William
Godwin, whom Anton Menger calls "the first scientific Socialist of
modern times," laid down in substance the doctrine that the labourer
has a right to the whole product.[225] In 1805 Charles Hall formulated
and defended the doctrine with greater precision and consistency.[226]
In 1824 the doctrine was stated more fundamentally, systematically,
and completely by William Thompson.[227] He accepted the labour theory
of value laid down by Adam Smith, and formally derived therefrom the
ethical conclusion that the labourer has a right to the whole product.
"Thompson and his followers are only original in so far as they
consider rent and interest to be _unjust_ deductions, which violate
the right of the labourer to the whole product of his labour."[228] He
denounced the laws which empowered the land owner and the capitalist
to appropriate value not created by them, and gave to the value thus
appropriated the name, "surplus value." In the use of this term he
anticipated Karl Marx by several years. His doctrines were adopted and
defended by many other English Socialist writers, and were introduced
into France by the followers of Saint-Simon. "From his works," says
Menger, "the later Socialists, the Saint-Simonians, Proudhon, and
above all, Marx and Rodbertus, have directly or indirectly drawn their
opinions."[229]
Although Saint-Simon never accepted the doctrine of the labourer's
right to the whole product, his disciples, particularly Enfantin and
Bazard, taught it implicitly. In a just social state, they maintained,
every one would be expected to labour according to his capacity, and
would be rewarded according to his product.[230]
Perhaps the most theoretical and extreme statement of the theory that
we are considering is found in the writings of P. J. Proudhon.[231] He
maintained that the real value of products was determined by labour
time, and that all kinds of labour should be regarded as equally
effective in the value-creating process, and he advocated therefore
equality of wages and salaries. For the realisation of this ideal he
drew the outlines of a semi-anarchic social order, of which the main
feature was gratuitous public credit. Neither his theories nor his
proposals ever obtained any considerable number of adherents.
Public-domain text, read in full here on John Shaqi.
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