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
And now let us turn from what Labour produces to what the labouring
classes[43] have received at different dates within the ninety or
hundred years in question. ◆¹ At the time of which we have just been
speaking, they received about half of what we assume Labour to have
produced. A labouring population of _ten million_ people received
annually about _seventy million pounds_.[44] Two generations later,
the same number of people received in return for their labour about a
_hundred and sixty million pounds_.[45] They were twenty-five per cent
richer than they possibly could have been if, in 1795, they had seized
on all the property in the kingdom and divided it amongst themselves.
In other words, Labour in 1860, instead of receiving, as it did two
generations previously, half of what we assume it to have produced,
received twenty-five per cent more than it produced. If we turn from
the year 1860 to the present time, we find that the gains of Labour
have gone on increasing; and that each _ten millions_ of the labouring
classes to-day receives in return for its labour _two hundred million
pounds_, or over forty per cent more than it produces. And all these
calculations are based, the reader must remember, on the ridiculously
exaggerated assumption which was made for the sake of argument, that
in the days of Watt and Arkwright, Capital, Genius, and Ability had no
share in production; and that all the wealth of the country, till the
beginning of the present century, was due to the spontaneous efforts of
common Labour alone.
[Sidenote ◆1 The gains of Labour are put in a yet more striking
light by comparing the present income of Labour with the
total income of the country fifty years ago.]
◆¹ And now let us look at the matter from a point of view slightly
different, and compare the receipts of Labour not with what we assume
it to have itself produced, but with the total product of the community
at a certain very recent date.
In 1843, when Queen Victoria had been six or seven years on the throne,
the gross income of the nation was in round numbers _five hundred and
fifteen million pounds_. Of this, _two hundred and thirty-five million
pounds_ went to the labouring classes, and the remainder, _two hundred
and eighty million pounds_, to the classes that paid income-tax. Only
fifty years have elapsed since that time, and, according to the best
authorities, the income of the labouring classes now is certainly not
less than _six hundred and sixty million pounds_.[46] That is to say,
it exceeds, by a _hundred and forty-five million pounds_, the entire
income of the nation fifty years ago.
Public-domain text, read in full here on John Shaqi.
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