Essentials of Economic Theory: As Applied to Modern Problems of Industry and Public PolicyClark, John Bates
General
Essentials of Economic Theory: As Applied to Modern Problems of Industry and Public Policy
Clark, John Bates
Economics
_The Effect of Factory Legislation._--These motives are powerfully
strengthened when they are reenforced by public opinion and positive
law. The ambition of workers to secure laws which will forbid the
employment of children under the age of sixteen is, in this view, a
reasonable wish and one that if carried out would tend to promote the
welfare of future generations. It is doubtless true that this is not
the sole motive, and some weight must be accorded to the desire to
reduce the amount of available labor, and to protect adults who tend
machines from the competition of children who could do it as well or
better. There is, however, an undefined feeling in the laborers'
minds that when children all work from an early age the wages of the
whole family somehow become low, and that it takes all of them to do
for the family what the parents might do under a different condition.
The Malthusian law shows how, in the long run, this is brought about.
The increased strength of the demand for factory laws and compulsory
education is a positive proof of the growth of the motives which put a
check on population.
_Absolute Status and Relative Status both Involved._--The absolute
comfort a family may enjoy and its social position are both at stake,
and we need not trouble ourselves by asking whether the comparative
motive--the need of keeping pace with others in the march of
improvement--will cease to act if a whole community advances together.
We saw at the outset that this motive acts powerfully on a superior
class, which has before its eyes a lower class into whose rank some of
its members may possibly drop. The lowest class must always be
present, however a community may advance, and a well-to-do worker will
always dread falling into it. If it should grow smaller and smaller in
number, and if the second of the three classes we are speaking of
should grow larger, the dread of falling from the one to the other
would not disappear. The relative status--that which appeals to caste
feeling and the desire for the consideration of others--would continue
to be influential, as well as the desire for positive comforts; and
the motive that depends on comparisons might even be at its strongest
when the lowest class should so dwindle that few would be left in it
except cripples, the aged, or the feeble-minded. An efficient worker
would struggle harder to keep his family out of such a class than to
keep it out of one which would have upon it only the ordinary stigma
of poverty.
Public-domain text, read in full here on John Shaqi.
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