"You see," said the doctor, "what a pity it would have been if we had
forgotten to compare the excuse offered by the nineteenth century for the
unequal distribution of wealth with the actual facts of that
distribution. Ethical standards advance from age to age, and it is not
always fair to judge the systems of one age by the moral standards of a
later one. But we have seen that the property system of the nineteenth
century would have gained nothing by way of a milder verdict by appealing
from the moral standards of the twentieth to those of the nineteenth
century. It was not necessary, in order to justify its condemnation, to
invoke the modern ethics of wealth which deduce the rights of property
from the rights of man. It was only necessary to apply to the
actual realities of the system the ethical plea put forth in its
defense--namely, that everybody was entitled to the fruit of his own
labor, and was not entitled to the fruit of anybody's else--to leave not
one stone upon another of the whole fabric."
"But was there, then, absolutely no class under your system," said
Edith's mother, "which even by the standards of your time could claim an
ethical as well as a legal title to their possessions?"
"Oh, yes," I replied, "we have been speaking of the rich. You may set it
down as a rule that the rich, the possessors of great wealth, had no
moral right to it as based upon desert, for either their fortunes
belonged to the class of inherited wealth, or else, when accumulated in a
lifetime, necessarily represented chiefly the product of others, more or
less forcibly or fraudulently obtained. There were, however, a great
number of modest competencies, which were recognized by public opinion as
being no more than a fair measure of the service rendered by their
possessors to the community. Below these there was the vast mass of
well-nigh wholly penniless toilers, the real people. Here there was
indeed abundance of ethical title to property, for these were the
producers of all; but beyond the shabby clothing they wore, they had
little or no property."
"It would seem," said Edith, "that, speaking generally, the class which
chiefly had the property had little or no right to it, even according to
the ideas of your day, while the masses which had the right had little or
no property."
"Substantially that was the case," I replied. "That is to say, if you
took the aggregate of property held by the merely legal title of
inheritance, and added to it all that had been obtained by means which
public opinion held to be speculative, extortionate, fraudulent, or
representing results in excess of services rendered, there would be
little property left, and certainly none at all in considerable amounts."
Public-domain text, read in full here on John Shaqi.
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