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)
round, would be increased to £162 per annum. The equal distribution of
income would, of course, have enormously increased prices. Professor
Bowley observes: “When it is realized that the whole income of the nation
was only sufficient for reasonable needs if equally divided, luxurious
expenditure is seen to be more unjustifiable even than has been commonly
supposed.”
The Brussels International Financial Conference said: “Above all, to fill
up the gap between the supply of, and the demand for, commodities, it is
the duty of every patriotic citizen to practise the strictest possible
economy, and so to contribute his maximum effort to the common weal. Such
private action is the indispensable basis for the fixed measures required
to restore public finances.”
The Duty of the Citizen
The principles of Labour policy which I have outlined are generally in
the direction of freedom and in its best sense individualism, looking
rather to the development in industry of co-operation than to struggle
and the use of power to settle differences and express the balance
of economic forces. But industrial freedom and individualism impose
correlative responsibilities on all citizens, especially in regard to the
maintenance of efficient social services. At first sight, any mention of
social services may appear a contradiction of the argument developed so
far. Social services to many minds are inevitably associated with relief
in the narrow sense of the word, conceived as a concession to the clamour
of Socialist theorists. In reality they are the growing expression of an
increased social sensitiveness. No State can be healthy which is based on
a foundation of hardship and suffering. Certain abuses must be removed,
and certain conditions remedied. In any advanced economic society the
State must take action, has taken action, and will in future extend its
action. The social conscience, to anyone who reads history, is a real
and growing force. But to be sound and effective it must of necessity be
based upon voluntary individual co-operation.
As things are to-day, we must recognize that State activity in social
services is in many branches ahead of the understanding of the ordinary
man. It has, through the nature of our political machinery, developed
in a specialized manner, which throws a heavy burden upon legislators
and administrators whether voluntary or official. There is a consequent
confusion, lack of co-ordination, and overlapping of effort which leads
to waste, not merely of money, but of what is, in the long run, more
important—human enthusiasm, effort and efficiency. In dealing with this
problem, the individual is of vital importance. The average citizen must
know more, take more interest, and render more service, if order and
economy are to take the place of confusion and waste. The necessity for
this individual interest is reinforced by the present financial situation.
Public-domain text, read in full here on John Shaqi.
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