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
◆¹ Wealth as a whole, therefore, is something so totally distinct from
money that there is no ground for presuming it to be divisible in the
same way. What is wealth, then, in a country like our own? To some
people this will seem a superfluous question. They will say that every
one knows what wealth is by experience—by the experience of possessing
it, or by the experience of wanting it. And in a certain sense this
is true, but not in any sense that concerns us here. In precisely the
same sense every one knows what health is; but that is very different
from knowing on what health depends; and to know the effects of wealth
on our own existence is very different from knowing the nature of the
thing that causes them. Indeed, as a matter of fact, what wealth really
consists of is a thing which very few people are ever at the trouble to
realise; and nothing shows that such is the case more clearly than the
false and misleading images which are commonly used to represent it.
◆² The most familiar of these are: “a treasure,” “a store,” “a hoard,”
or, as the Americans say, “a pile.” Now any one of these images is not
only not literally true, but embodies and expresses a mischievous and
misleading falsehood. It represents wealth as something which could be
carried off and divided—as a kind of plunder which might be seized by
a conquering army. But the truth is, that the amount of existing wealth
which can be accurately described, or could be possibly treated in this
way, is, in a country like ours, a very insignificant portion; and,
were social conditions revolutionised to any serious degree, much of
that portion would lose its value and cease to be wealth at all.
[Sidenote ◆1 Many kinds of wealth that are considered typical
would become almost valueless if divided: for instance,
a great house and its contents.]
Public-domain text, read in full here on John Shaqi.
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