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)
Labour’s Struggle for Political Power, 1825-1832—Labour’s
Alliance with Revolutionary Socialism, 1832-1842—Labour’s
Renunciation of Socialism, 1842-1885—The Era of Constitutional
State Socialism, 1885-1905—The New Syndicalist Revolutionary
Ferment of 1905—The Socialist Societies—The Social Democratic
Federation—The Communist Party—The Fabian Society—The
Independent Labour Party—The Socialist Labour Party—The
Socialist Party of Great Britain—The National Guilds League.
It is impossible to understand the present connection between the Labour
Party and Socialism without some small acquaintance with the history of
Labour’s attitude to Socialism in the past. That involves a retrospect of
Trade Unionism. Up to 1825, anything in the nature of a Trade Union was
rigorously suppressed by the Combination Laws, which, after considerable
agitation, were repealed by the Acts 5 Geo. IV, 95 and 6 Geo. IV, 129.
Although full freedom was not thereby secured for Trade Unions, yet
for the first time the right of collective bargaining was recognized—a
process of negotiation in course of which organizations of workmen could
withhold their labour in order to secure the rates of wages or conditions
of employment that they desired. As was naturally to be expected, this
led to an increase in the number of Trade Unions and of their power. But
fortune proved unkind. At the outset of their development there occurred
the financial crash of 1825, which caused wholesale commercial ruin and
widespread closing of works, reductions of wages and unemployment for the
four or five years following, with continual strikes by way of resistance
to wage reductions. The poverty and destitution of the working-classes as
compared with the wealthier section of the community led to dissemination
among the workers of revolutionary ideas, political and socialistic.
One can read in the newspapers of the time, even as far back as 1829,
familiar doctrines—that Labour is the only source of wealth—that the
working-men are the support of the middle and upper classes, the nerves
and soul of production, the foundation of the nation. From 1829, and
particularly through the Chartist days of 1835-1842, the Trade Union
movement which had previously concerned itself mainly in endeavouring
to increase wages and improve conditions of employment, was actively
associated with the middle classes in prosecuting revolutionary aims.
Labour’s Struggle for Political Power, 1825-1832
From 1829-32, the struggle swayed around the Reform Bill. Both Labour and
the middle classes combined to regard the enactment of that measure as
the opening of the door to social progress. Its failure to provide for
universal manhood suffrage shattered the hopes of Labour. Revolution had
for some time been whispered; a school of advanced Labour thought, when
working out to its logical conclusion the theory that labour was the sole
source of value, had evolved the doctrine of class-war.
Public-domain text, read in full here on John Shaqi.
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