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)
“All men have an equal right to live, and as no man can live without
land, it follows that all men have an equal right to the use of the land
that is necessary to sustain their existence.” Notwithstanding this, land
still remains private property; the private owner is supreme in regard
to it; he can exclude everyone from it with dire economic results. Only
under State ownership, says the Nationalization Society, can this be
remedied.
(_c_) The _Socialists_, that is to say, the National Guildists and
Syndicalists, found their scheme on both the foregoing assumptions, the
Syndicalists in addition claiming that no rent should be paid even to the
State, but that the land should belong outright to, and be distributed
among, the people.
As a matter of practical politics the State purchase scheme of the
Nationalization Society is of chief moment. Although the Georgites and
the Socialists are active and vociferous, their respective schemes are of
much less relative importance. Even assuming that the land was originally
acquired by private persons by robbery or injustice, the best equitable
answer to the “taxing-out scheme” is probably that of the Nationalization
Society:
We answer that while the land is _ours_ by every moral right,
and we propose to assume possession of it by compulsory
process, we recognize that a very large number of honest men
(neither robber barons nor their descendants) have invested
actual earned money in land, either as individuals or as
members of building, insurance and co-operative societies and
trade unions.
“Therefore, we do not propose to confiscate that money (i.e.
that portion of the rent which represents the value of the bare
land) and leave to them what is theirs (i.e. that portion of
the rent which represents the value of the improvements)” (_The
Land Nationalizer_, May, 1919, p. 5).
The Secretary of the Land Nationalization Society writes thus:
“We who favour compensation justify it on grounds which appear
to us to be grounds of equity. We say that the landlords of
the present day did not found the system of private property
in land, and should not be punished (by spoliation) as if they
did. The original wrongdoers are dead and past punishments.
Neither are the present landlords alone responsible for the
maintenance of the system. That system is supported by the
well-to-do classes generally, who look upon land as legitimate
private property, and even by the great mass of unthinking
landless people who send a majority of landlords and friends of
landlords to Parliament at every chance they get. If landowning
is a crime, then the majority of the British people are aiders
and abettors of it.... We must be prepared to give a fair value
for the land whether it be held by a duke or a working man.”
(_State Land Purchase_, by Joseph Hyder, p. 3.)
Public-domain text, read in full here on John Shaqi.
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