Principles of Political Economy, Vol. 2Roscher, Wilhelm
General
Principles of Political Economy, Vol. 2
Roscher, Wilhelm
Economics
[Footnote 178-2: _L. Faucher_ calls the _droit au travail_
worse than the equal and compulsory distribution of all
goods, because it lays hands on not only present products
but even on the productive forces. It supposes that
unlimited production is possible; that the state may
regulate the market at pleasure to serve its purposes; that,
in fact, the state can give without having first taken what
it gave. (Mélanges d'Economie politique, II, 148 ff.) The
French national assembly rejected the "right to labor" on
the 15th of September, 1848, by 596 ayes to 187 nays, after
the provisional government had proclaimed it, February 25.
Le Droit au Travail à l'Assemblée nationale avec des
Observations de _Faucher, Wolowski, Bastiat_ etc., by _J.
Garnier_, Paris, 1848.]
[Footnote 178-3: _L. Blanc_, De L'Organization du Travail,
1849.]
[Footnote 178-4: "Every one has a right to live. We will
suppose this granted. But no one has a right to bring
creatures into life to be supported by other people. Whoever
means to stand upon the first of these rights must renounce
all pretension to the last.... Posterity will one day ask
with astonishment what sort of people it could be among whom
such preachers could find proselytes." (_J. S. Mill_,
Principles, II, ch. 12.)]
[Footnote 178-5: Compare _Morrison_, loc. cit. Quarterly
Rev., Jan. 1872, 260. The English savings in the savings
banks, between 1839 and 1846, increased yearly in amount
only £1,408,630, and scarcely half of this came from
wages-workmen in the narrower sense of the term. What the
latter contribute to the fund for the old and sick is not
really productive capital but only individually deferred
consumption. Let us suppose that a man had an income of
$3,000 a year, of which he laid out yearly $2,000 ($1,000
for wages, $1,000 for rent and interest on capital), and
that he capitalizes $1,000. If now this man were, either
through philanthropy or in furtherance of socialism, to
double the wages he paid, the result would not be
detrimental to the economic interests of the whole country
only on the supposition that working classes who received
the increased wages should either save what he is no longer
able to save, or that by inventions or greater personal
skill, etc., they should increase the national income.]
[Footnote 178-6: According to _Hildebrand's_ Jahrbb., 1870,
I, 435, 193, North American workmen, the quality of work
being supposed the same, now accomplish from 20 to 30 per
cent. less than before 1860. Thus, in 1858, in New York, a
steam engine was manufactured for $23,000, in 2,323 work
days. In 1869, a similar one was built for $40,000 in 3,538
days. In the former case, the manufacturer made a profit. In
the latter, he lost $5,000.
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