Labour and the Popular WelfareMallock, W. H. (William Hurrell)
General
Labour and the Popular Welfare
Mallock, W. H. (William Hurrell)
Labor; Labor movement; Socialism; Working class
[Sidenote ◆1 The foregoing conclusions not yet complete; but first
let us see the lesson which it teaches us as it stands.]
◆¹ The conclusion just arrived at is not yet completely stated; for
there are certain further facts to be considered in connection with it
which have indeed already come under our view, but which, in order to
simplify the course of our argument, have been put out of sight in the
two preceding chapters. I shall return to these facts presently; but it
will be well, before doing so, to take the conclusion as it stands in
this simple and broad form, and see, by reference to those principles
which were explained at starting, and in which all classes and parties
agree, what is the broad lesson which it forces on us, underlying all
party differences.
[Sidenote ◆1 If we sum up all that has been said thus far, it may
seem at first sight that it teaches nothing but the
negative lesson, that we should let Ability have its own
way unchecked.]
◆¹ I started with pointing out that, so far as politics are concerned,
the aim of all classes is to maintain their existing incomes; and that
the aim of the most numerous class is not only to maintain, but to
increase them. I pointed out further that the income of the individual
is necessarily limited by the amount of the income of the nation; and
that therefore the increase, or at all events the maintenance, of the
existing income of the nation is implied in all hopes of social and
economic progress, and forms the foundation on which all such hopes
are based. I then examined the causes to which the existing income of
the nation is due; and I showed that very nearly two-thirds of it is
due to the exertions of a small body of men who contribute thus to
the productive powers of the community, not primarily because they
possess Capital, but because they possess Ability, of which Capital is
merely the instrument; that it is owing to the exercise of Ability only
that this larger part of the income has gradually made its appearance
during the past hundred years; and that were the exercise of Ability
interfered with, the increment would at once dwindle, and before long
disappear.
Public-domain text, read in full here on John Shaqi.
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