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
Is the employer justified in withholding the full living wage from his
employés to provide himself with the normal rate of interest on the
capital that he has invested in the enterprise? Speaking generally, he
is not. In the first place, the right to any interest at all, except
as a return for genuine sacrifices in saving, is not certain but only
presumptive.[244] Consequently it has no such firm and definite basis
as the right to a living wage. In the second place, the right to
interest, be it ever so definite and certain, is greatly inferior in
force and urgency. It is an axiom of ethics that when two rights
conflict, the less important must give way to the more important.
Since all property rights are but means to the satisfaction of human
needs, their relative importance is determined by the relative
importance of the ends that they serve; that is, by the relative
importance of the dependent needs. Now the needs that are supplied
through interest on the employer's capital are slight and not
essential to his welfare; the needs that are supplied through a living
wage are essential to a reasonable life for the labourer. On the
assumption that the employer has already taken from the product
sufficient to provide a decent livelihood, interest on his capital
will be expended for luxuries or converted into new investments; a
living wage for the labourer will all be required for the fundamental
goods of life, physical, mental, or moral. Evidently, then, the right
to interest is inferior to the right to a living wage. To proceed on
the contrary theory is to reverse the order of nature and reason, and
to subordinate essential needs and welfare to unessential needs and
welfare.
Nor can it be maintained that the capitalist-employer's claim to
interest is a claim upon the product prior to and independent of the
claim of the labourer to a living wage. That would be begging the
question. The product is in a fundamental sense the common property of
employer and employés. Both parties have co-operated in turning it
out, and they have equal claims upon it, in so far as it is necessary
to yield them a decent livelihood. Having taken therefrom the
requisites of a decent livelihood for himself, the employer who
appropriates interest at the expense of a decent livelihood for his
employés, in effect treats their claims upon the common and joint
product as essentially inferior to his own. If this assumption were
correct it would mean that the primary and essential needs of the
employés are of less intrinsic importance than the superficial needs
of the employer, and that the employés themselves are a lower order of
being than the employer. The incontestable fact is that such an
employer deprives the labourers of access to the goods of the earth on
reasonable terms, and gives himself an access thereto that is
unreasonable.
Public-domain text, read in full here on John Shaqi.
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