Principles of Political EconomyPerry, Arthur Latham
General
Principles of Political Economy
Perry, Arthur Latham
Economics
(a) So far as employers are concerned, their natural though
unreasonable and provoking arrogance may well be reduced by the
economical reflection, that the laborers are exactly as necessary to
production as the capitalists are, that the two stand on a precise
level so far as the product goes, that each is one blade of the shears
and the other the other and that it takes both blades to cut anything,
that while the laborers are sellers in the open market the capitalists
are likewise sellers and that the same ultimate purchaser furnishes
the market for both sets of sellers, that as sellers they are only
equal in position, that buying and selling is a levelling as well as
an uplifting process the world over, and that as such co-equal
partners in one indivisible operation all haughtiness on one side and
all undue humility on the other is nothing but obstacle as towards the
common end; and also by the moral and social reflection, that their
laborers are just such men as themselves in motive and action, that
the two are very likely to exchange places with each other before very
long, that riches are extremely liable to take to themselves wings and
fly away, that Christianity is no respecter of persons, that humanity
deems nothing human alien from itself, that morality puts the golden
rule upon the fore-front of its precepts, and that whatever may unite
any body of men in a legitimate purpose of achievement along any line
of human action multiplies the power of each individual and exalts his
standing and responsibility as such individual and thus reduplicates
the reward of his individual action.
Public-domain text, read in full here on John Shaqi.
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