"So it was, that at a time when every thing seemed hopeless, the few
who never yield to disappointments, and who had made an exhaustive
study of existing economic conditions reinforced the earnest followers
of Krystus who were demanding the application of the Golden Rule in
business by formulating methods by which this much desired result could
be attained. They had studied the moral problem that confronted the
religionists, from the objective side, and understood just how it must
be solved along business lines. Inasmuch as all material wealth was
created by labor, and distributed by being bought and sold, it followed
as a logical sequence, that there was but one way by which every useful
worker could secure a just share in the distribution, and that was to
take charge of the business of exchange (buying and selling) and divide
the benefits equally among all who united their efforts to establish
the largest possible round of exchange between producers and consumers.
This was simply the organization of the market for the express purpose
of establishing Equity in Distribution, by paying dividends to labor.
The people had at last discovered the vital truth upon which the
application of the Golden Rule depends, that ORGANIZED CONSUMPTION
CONTROLS DISTRIBUTION.
"Organizations of consumers were effected with a view to concentrating
their purchasing power through channels of their own, not to reduce
prices, but to pool the net profits into a common fund for the equal
benefit of all the members. A portion of this was set aside as an
educational fund to extend the work, and the remainder was used to pay
dividends to the members who, as customers, had paid the profits into
the common treasury. This was known as the "Dividend to Labor," and it
was always distributed equally, as it had been secured by the united
purchasing power of all the members. And, in order to secure this fund,
which belonged alike to all, no member had added one cent to his or
her cost of living. It was all a saving, as between the new equitable
system of exchange and the old and wasteful profit system. This was a
PROFIT-SAVING BUSINESS MACHINE of which the PRODUCERS who constituted,
in the main, the great markets of the world, COULD NOT BE DEPRIVED, and
WITH THIS, it became a matter of indifference as to who had immediate
control of the LABOR-SAVING MACHINERY of PRODUCTION.
Public-domain text, read in full here on John Shaqi.
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