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
In the first place, they may be classified thus: into things that
are wealth because they are consumed, things that are wealth because
they are owned, and things that are wealth because they are used or
occupied. Under the first heading come food, clothing, lighting, and
fuel; under the second, movable chattels; and under the third, the
occupation of houses,[16] the services of domestics, the carrying of
letters by the Post Office, transport and travelling, and the defences
and administration of the country. In other words, the first class
consists of new perishable goods, the second of new durable goods, and
the third not of goods at all, but of services and uses. The relative
amounts of value of the three will be shown with sufficient accuracy by
the following rough estimates.
Of a total of _eleven hundred and seventy million pounds_, perishable
goods count for _five hundred and twenty million pounds_, durable goods
and chattels for _two hundred and fifty million pounds_, and services
and uses for _four hundred million pounds_. Thus, less than a quarter
of what we call the national income consists of material things which
we can keep and collect about us; little less than half consists of
material things which are only produced to perish, and perish almost
as fast as they are made; and more than a third consists of actions
and services which are not material at all, and pass away and renew
themselves even faster than food and fuel.
[Sidenote ◆1 A large part of the national income consists of
things that are imported.]
[Sidenote ◆2 Most of our food is imported.]
Public-domain text, read in full here on John Shaqi.
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