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 Let us take, for instance, some palatial house in London, which
catches the public gaze as a monument of wealth and splendour; and we
will suppose that a mob of five hundred people are incited to plunder
it by a leader who informs them that its contents are worth _two
hundred thousand pounds_. Assuming that estimate to be correct, would
it mean that of these five hundred people each would get a portion to
him worth _four hundred pounds_? Let us see what would really happen.
They would find enough wine, perhaps, to keep them all drunk for a
week; enough food to feed thirty of them for a day; and sheets and
blankets for possibly thirty beds. But this would not account for
many thousands out of the _two hundred thousand pounds_. The bulk of
that sum would be made up—how? _A hundred thousand pounds_ would be
probably represented by some hundred and fifty pictures, and the rest
by rare furniture, china, and works of art. Now all these things to
the pillagers would be absolutely devoid of value; for if such pillage
were general there would be nobody left to buy them; and they would
in themselves give the pillagers no pleasure. One can imagine the
feelings of a man who, expecting _four hundred pounds_, found himself
presented with an unsaleable Sèvres broth-basin, or a picture of a
Dutch burgomaster; or of five such men if for their share they were
given a buhl cabinet between them. We may be quite certain that the
broth-basin would be at once broken in anger; the cabinet would be
tossed up for, and probably used as a rabbit-hutch; and the men as a
body would endeavour to make up for their disappointment by ducking or
lynching the leader who had managed to make such fools of them.
[Sidenote ◆1 Wealth, as a whole, even less susceptible of
division.]
◆¹ And now let us consider the wealth of the kingdom as a whole.
Much as the bulk of it differs from the contents of a house of this
kind, it would, if seized on in any forcible way, prove even more
disappointing and elusive.
[Sidenote ◆1 Wealth, as a whole, has two aspects: that of capital,
and that of income.]
[Sidenote ◆2 We will first consider the national capital.]
◆¹ We may consider it under two aspects. We may consider it as so much
annual income, or else as so much capital. In the last chapter we were
considering it as so much income, and presently we shall be doing so
again. But as capital may possibly strike the imagination of many as
something more tangible and easily seized, and likely to yield, if
redistributed, more satisfactory results, ◆² we will see first of what
items the estimated capital of this country is composed. To do so will
not only be instructive: it will also be curious and amusing.
[Sidenote ◆1 This capital consists not of money;]
Public-domain text, read in full here on John Shaqi.
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