That three centuries should have had to elapse before the solution could be
found, is in perfect harmony with the other fact that it was reserved for
these last generations to give us complete control over the forces of
nature, and to render it possible for us to _make use_ of the knowledge we
have acquired. For so long as human production was in the main dependent
upon the capacity and strength of human muscles, aided by the muscles of a
few domestic animals, more might certainly be produced than would be
consumed by the luxury of a few after the bare subsistence of the masses
had been provided for; but to afford to _all_ men an abundance without
excessive labour needed the results of the substitution of the
inexhaustible forces of nature for muscular energy. Until this substitution
had become possible, it would have availed mankind little to have attained
to a knowledge of the ultimate ground of the hindrance to the full
utilisation of the then existing powers of production.
For in order that the exploitage of man by man might be put an end to, it
was necessary that the amount of producible wealth should not merely exceed
the consumption of the few wealthy persons, but should be sufficient to
satisfy the higher human needs of all. Economic equity, if it is not to
bring about a stagnation in civilisation, assumes that the man who has to
depend upon the earnings of his own labour is in a position to enjoy a
considerable amount of wealth at the cost of moderate effort. This has
become possible only during the last few generations; and herein is to be
sought the reason why the great economists of the seventeenth and
eighteenth centuries were not able to rise to an unprejudiced critical
examination of the true nature and the necessary consequences of the
exploiting system of industry. _They_ were compelled to regard exploitage
as a cruel but eternally unavoidable condition of the progress of
civilisation; for when they lived it was and it always had been a necessity
of civilisation, and they could not justly be expected to anticipate such a
fundamental revolution in the conditions of human existence as must
necessarily precede the passage from exploitage to economic equity.
Public-domain text, read in full here on John Shaqi.
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