In exchange for the hog a plow starts from the shop to the farm, and
the size (price) increases in the same proportion. Every time any
commodity passed one of the commercial toll gates established between
the producer and the consumer, the price was increased for the benefit
of speculators who contributed nothing to its value. All this was of
course to the manifest loss of the producers. The long bridge was
labeled, THE PROFIT SYSTEM.
In contrast with this was a short bridge labeled Equity, over which
products were passing both ways from the producer to the consumer,
without changing size. Over this Equity bridge the product passed
directly from the producer to the consumer by the shortest practicable
route, and was only handled one time. Over the Profit bridge,
goods became shelf-worn and deteriorated in value, by the frequent
changing of hands. These two bridges, Profit and Equity, were given
as symbolical representations of the Cause and Cure of poverty. There
was no mistaking the lessons taught by them; neither could there be a
doubt of their truth. Under the Profit system of exchange the managers
are self-employed and it is legitimate that they should have a profit
for the service rendered, and the larger the profit, the larger the
number who can make a living out of it. Under Equity, the managers are
employed by their customers and it is to their interest to see that the
business of exchange is carried on with the smallest possible amount
of work in handling the product. Hence the Profit system necessarily
entails poverty upon the masses who have no interest in the exchange,
while Equity secures abundance, because the exchange is effected by
their own agents at the least possible expense. Hence, under Equity,
the product passes from the producer to the consumer without changing
size, and the cost is fixed by the amount of labor expended in its
production, superintendence and transportation; and all parties to the
transaction, get the exact value of their services; but under this
system there is nothing for the money king, the profit-monger and the
landlord.
"You see," said Oqua, who had been unusually silent and pre-occupied,
"that this symbol of the two bridges, tells the whole story of the
difference between the profit system of exchange and the equitable;
between the old system with its widespread poverty and the new with its
abundance."
"I see the difference," I said, "but it is not so clear to my mind just
how the people can pass from one bridge to the other; from PROFIT to
EQUITY."
"That is very easy," said Oqua. "Change the PURPOSE for which business
is transacted. Instead of exacting profit from the producer and the
consumer, conduct business for the purpose of establishing equitable
relations between the producers and the consumers. When this is
done the profit system will have been removed and equity will bring
abundance to the household of every producer, and poverty will be
abolished."
Public-domain text, read in full here on John Shaqi.
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