Knowledge is power : $b A view of the productive forces of modern society and the results of labor, capital and skill.Knight, Charles
Philosophy
Knowledge is power : $b A view of the productive forces of modern society and the results of labor, capital and skill.
Knight, Charles
Industrial arts; Industries
When the great body of the people of a country are so generally educated
as to know that it is the interest of the humblest and the poorest that
property shall be secure, there will be little occasion for fencing
round property with guards, against the secret violence of the midnight
robber, or the open daring of the noonday mob. "It is an enlightened
moral public sentiment that must spread its wings over our dwellings,
and plant a watchman at our doors."[35] A very little insecurity
destroys the working of capital. The cloth trade of Verviers, a town in
France, was utterly ruined, because the morals of the people in the town
were so bad, and the police so ineffectual, that the thefts in the
various stages of the manufacture amounted to eight per cent. upon the
whole quantity produced. The trade of the place, therefore, was
destroyed; and the capital went to encourage labour in places where the
rights of property were better respected.
But, generally speaking, the security of property is not so much
weakened by plunder, as by those incessant contentions which harass the
march of capital and labour; and keep up an irritation between the
classes of the capitalists and the labourers, who ought to be united in
the most intimate compact for a common good. These irritations most
frequently exhibit themselves in the shape of combinations for the
advance of wages. We have no hesitation in declaring our opinion that it
is the positive duty of the working-man to obtain as high wages as he
can extract out of the joint products of capital and labour; and that he
has an equal right to unite with other workmen in making as good a
bargain as he can, consistently with the rights of others, for his
contribution of industry to the business of production. But it is also
necessary for us to declare our conviction that, in too many cases, the
working men attempt an object which no single exertion, and no union
however formidable or complete, can ever accomplish. They attempt to
force wages beyond the point at which they could be maintained, with
reference to the demand for the article produced;--and if they succeed
they extinguish the demand, and therefore extinguish the power of
working at any wages. They drive the demand, and therefore the supply,
into new channels;--and they thrust out capital from amongst them, to
work in other places where it can work with freedom and security. Above
all, such combinations, and the resistance which they call up, have a
tendency to loosen the bonds of mutual regard which ought to subsist
between capitalists and labourers. Their real interests are one and the
same.
Public-domain text, read in full here on John Shaqi.
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