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
_Of the Addition made during the last Hundred Years
by Ability to the Product of the National Labour.
This Increment the Product of Ability._
[Sidenote ◆1 Let us now turn to the history of production in this
country during the past hundred years;]
◆¹ I have already said something—but in very general terms—of what,
at the close of the last century, the wealth of this country was.
Let us now consider the subject a little more in detail, though we
need not trouble ourselves with a great many facts and figures. The
comparatively backward state of Ireland makes it easier to deal with
Great Britain only; and the income of Great Britain was then, as I have
said already, about _a hundred and forty million pounds_ annually.
This amount was, as has been said already, also produced by Land,
Capital, and Human Exertion, or, as we are now able to put it, by Land,
Labour, Capital, and Ability; and according to the principles which I
have already carefully explained, had the statistics of industry been
recorded as fully as they are now, we should be able to assign to each
cause a definite proportion of the product. Of what the Land produced,
as distinct from the three other causes, we are indeed able to speak
with sufficient accuracy as it is. It was practically the amount taken
in rent; and the amount taken in rent was about _twenty-five million
pounds_, or something between a fifth and sixth of the total. But the
proportion produced respectively by Labour, Capital, and Ability cannot
be determined with the same ease or exactness. There are, however,
connected with this question, a number of well-known and highly
significant facts, to a few of which I will call the reader’s attention.
[Sidenote ◆1 And consider the enormous increase both in
agricultural production,]
Public-domain text, read in full here on John Shaqi.
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