"We read in the histories," said Edith's mother, "much about the amazing
extent to which particular individuals and families succeeded in
concentrating in their own hands the natural resources, industrial
machinery, and products of the several countries. Julian had only a
million dollars, but many individuals or families had, we are told,
wealth amounting to fifty, a hundred, and even two or three hundred
millions. We read of infants who in the cradle were heirs of hundreds of
millions. Now, something I never saw mentioned in the books was the
limit, for there must have been some limit fixed, to which one individual
might appropriate the earth's surface and resources, the means of
production, and the products of labor."
"There was no limit," I replied.
"Do you mean," exclaimed Edith, "that if a man were only clever and
unscrupulous enough he might appropriate, say, the entire territory of a
country and leave the people actually nothing to stand on unless by his
consent?"
"Certainly," I replied. "In fact, in many countries of the Old World
individuals owned whole provinces, and in the United States even vaster
tracts had passed and were passing into private and corporate hands.
There was no limit whatever to the extent of land which one person might
own, and of course this ownership implied the right to evict every human
being from the territory unless the owner chose to let individuals remain
on payment of tribute."
"And how about other things besides land?" asked Edith.
"It was the same," I said. "There was no limit to the extent to which an
individual might acquire the exclusive ownership of all the factories,
shops, mines, and means of industry, and commerce of every sort, so that
no person could find an opportunity to earn a living except as the
servant of the owner and on his terms."
"If we are correctly informed," said the doctor, "the concentration of
the ownership of the machinery of production and distribution, trade and
industry, had already, before you fell asleep, been carried to a point in
the United States through trusts and syndicates which excited general
alarm."
"Certainly," I replied. "It was then already in the power of a score of
men in New York city to stop at will every car-wheel in the United
States, and the combined action of a few other groups of capitalists
would have sufficed practically to arrest the industries and commerce of
the entire country, forbid employment to everybody, and starve the entire
population. The self-interest of these capitalists in keeping business
going on was the only ground of assurance the rest of the people had for
their livelihood from day to day. Indeed, when the capitalists desired to
compel the people to vote as they wished, it was their regular custom to
threaten to stop the industries of the country and produce a business
crisis if the election did not go to suit them."
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