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
the direct supervision of the inventor, went with an accuracy that has
not since been surpassed, the difficulty of reproducing them rendered
the invention valueless. But the great example of this particular truth
is to be found in a certain fact connected with the history of the
steam-engine—a fact which is little known, whose significance has never
been realised, and which I shall mention a little later on. It may thus
be said with regard to the production of wealth generally, that it
will be limited in proportion to the exceptionally skilled labour it
requires, whilst it will be increased in proportion to the exceptional
ability that is applied to it.
[Sidenote ◆1 We shall now be able to describe Capital accurately
as _Ability_ controlling _Labour_.]
◆¹ The difference, then, between Ability and Labour must be now
abundantly clear. As a general rule, there is the broad difference
on the surface, that the one is mainly mental and the other mainly
muscular; but to this rule there are many exceptions, and the
difference in question is accidental and superficial. The essential,
the fundamental difference from a practical point of view is, that
whilst Labour is the exertion of a single man applied to a single
task, Ability is the exertion of a single man applied to an indefinite
number of tasks, and an indefinite number of individuals.
[Sidenote ◆1 It is, of course, understood that this definition
applies only to Capital used so as actually to make
Labour more productive, not to Capital wasted.]
Public-domain text, read in full here on John Shaqi.
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