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)
“Other main industries, especially those now becoming monopolized,
should be nationalized as opportunity offers. Moreover, the Labour Party
holds that the municipalities should not confine their activities to the
necessarily costly services of education, sanitation and police; nor yet
rest content with acquiring control of the local water, gas, electricity
and tramways; but that every facility should be afforded to them to
acquire (easily, quickly and cheaply) all the land they require, and to
extend their enterprises in housing and town planning, parks and public
libraries, the provision of music and the organization of recreation;
and also to undertake, besides the retailing of coal, other services of
common utility, particularly the local supply of milk, wherever this is
not already fully and satisfactorily organized by a Co-operative Society.”
Control of Capitalistic Industries and Businesses
“Meanwhile, however, we ought not to throw away the valuable experience
now gained by the Government in its assumption of the importation of
wheat, wool, metals and other commodities, and in its control of the
shipping, woollen, leather, clothing, boot and shoe, milling, baking,
butchering, and other industries. The Labour Party holds that, whatever
may have been the shortcomings of the Government importation and control,
it has demonstrably prevented a lot of ‘profiteering.’ Nor can it end
immediately on the declaration of peace. The people will be extremely
foolish if they ever allow their indispensable industries to slip back
into the unfettered control of private capitalists, who are, actually at
the instance of the Government itself, now rapidly combining trade by
trade, into monopolist Trusts, which may presently become as ruthless
in their extortion as the worst American examples. Standing as it does
for the democratic control of industry, the Labour Party would think
twice before it sanctioned any abandonment of the present profitable
centralization of purchase of raw material; of the present carefully
organized ‘rationing,’ by joint committees of the trades concerned,
of the several establishments with the materials they require; of the
present elaborate system of ‘costing’ and public audit of manufacturers’
accounts, so as to stop the waste heretofore caused by the mechanical
inefficiency of the more backward firms; of the present salutary
publicity of manufacturing processes and expenses thereby ensured; and,
on the information thus obtained (in order never again to revert to the
old-time profiteering) of the present rigid fixing, for standardized
products, of maximum prices at the factory, at the warehouse of the
wholesale trader, and in the retail shop. This question of the retail
prices of household commodities is emphatically the most practical of
all political issues to the woman elector. The male politicians have
too long neglected the grievances of the small household, which is the
Public-domain text, read in full here on John Shaqi.
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