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)
Industry as a whole does not appreciate the close relationship between
itself and the community, nor its responsibilities to the community. In
reality industry has to rely on the community for innumerable services,
and for many facilities vital to its existence, and to its prosperity,
and for a market for its product. Yet almost invariably strikes and
lock-outs are called, regardless of the effect upon the consuming public.
In fact, Labour claims the right to use its economic power in furtherance
of its own interests, irrespective of the damage to the community. If,
under compelling necessity, the community attempts to carry on the
services for itself, or provide the commodities of which by organized
strikes it is deprived, it is charged with anti-social conduct, and
condemned for declaring a class-war against Labour, those who assist
being stigmatized as strike-breakers and black-legs. Labour has gone even
further in recent years. In a number of cases it has deliberately adopted
the policy of depriving the community of essential services through
strikes, in order to produce such social hardship as will drive the
community to constrain employers to accept Labour’s industrial demands.
There have also been recent instances of agreements between employers
and Trade Unions—as in the building industry—by which wages have been
forced up to unreasonably high rates simply because those industries
were necessary to the community and, with the knowledge that whatever
the resulting cost of the product might be, the community would have to
pay. At the same time, the community is largely dependent upon industry,
and if the whole of an industry, or each section of it, fulfils its
obligations to the community, the community must perform certain duties
in return. I speak more fully of these later.
Industry and the Nation
Industry will never progress to vigorous and healthy development unless
our conception of the relationship between industry and the nation is
radically revised. That conception to-day is mean, stunted, and utterly
devoid of any power of inspiration. Industry I have defined, in the
language of economics, as the production of commodities and services
for the purpose of satisfying the wants and desires of men. On this
commonplace process, which sounds so dull in definition, and on none
other, the future well-being of our country and the practicability
of further social improvements and reforms depend. Production ought,
therefore, to be regarded as the principal means of advancing the
happiness, social welfare and material prosperity of the nation, and
industry, the chief instrument in that beneficent work, as the highest
and the noblest form of national service.
CHAPTER XXII
THE RIGHT RELATIONSHIP OF GOVERNMENT TO INDUSTRY
Public-domain text, read in full here on John Shaqi.
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