Labour policy—false and true : $b A study in economic history and industrial economicsMacassey, Lynden Livingston
History
Labour policy—false and true : $b A study in economic history and industrial economics
Macassey, Lynden Livingston
Industrial policy -- Great Britain; Labor economics -- Great Britain; Labour Party (Great Britain)
Happily for the country, the ordinary worker is no more intrigued with
the intellectuals’ proposals for the reconstruction of industry, or
society or the State than he is with their schemes for the reconstitution
of his Trade Union, all of which he has with contumely turned down.
What he is most keenly interested in is whether their proposals are
the soundest, safest and quickest way to afford him relief against
unemployment, and give him a human status in industry and a fair share
in the product. He has not at all accepted the Labour Party’s portentous
declaration that nothing short of “nationalization and democratic
control” can confer those benefits.
Let us then start from the ordinary workers’ standpoint. It is fair,
it is commonsense, it is characteristically practical. We can say to
them with absolute fairness that what Labour is asking the country to
do is to take a jump into the unknown, and for the existing industrial
system with which we are familiar, and which is always capable of
improvement—for that is an uncontrovertible fact proved by our past
industrial history—to substitute a new industrial system of which we
have no experience, of the practical operation and effects of which
nothing whatever is ascertainable, a venture which is subject to risks
so grave and possibilities so disastrous as to endanger the whole
industrial and commercial prosperity of this country. We can then offer
the workers an alternative scheme which, while reforming the fundamental
defects that at present exist in our industrial system, will not alter
its basic principles. Unless the psychology of the worker undergoes some
cataclysmic change, what he will say is: “Take your scheme of reform, if
it deals fairly with unemployment, my human status in industry and my
share of the product, it will serve as a beginning.”
CHAPTER XXI
THE HUMAN RELATIONSHIPS TO BE RECTIFIED IN INDUSTRY
Capital and the Administrative Staff—Capital and the Manual
Workers—The Manual Workers _inter se_—The Administrative
Staff and the Manual Workers—Industry and the Consuming
Community—Industry and the Nation.
Before we can construct any scheme of reform of our industrial system we
must have a clear idea of what is industry. In the prosaic language of
economics it is a purposive production of commodities and services, the
immediate object of those engaged in it being to provide, through the
result of their work, the material means of satisfying their wants and
desires.
Viewed in broad outline, industry will be seen to involve three
fundamental processes:
(i) The combination in due proportion of the five things requisite for
all production, viz., capital, enterprise, organization, labour—both hand
and brain—and natural forces and resources.
Public-domain text, read in full here on John Shaqi.
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