Principles of Political Economy, Vol. 2Roscher, Wilhelm
General
Principles of Political Economy, Vol. 2
Roscher, Wilhelm
Economics
[Footnote 166-8: Thus, the person who builds his own house
is wont to pay his workmen better than a contractor or
builder by profession; and the maker of the entire
manufactured article, as a rule, suffers less frequently
than the maker of only half of it. (_Hermann_, Staatsw.
Unters., II, Aufl., 471.)]
SECTION CLXVII.
DIFFERENCE OF WAGES IN DIFFERENT BRANCHES OF LABOR.
All the causes which make wages higher in some branches of labor; than
in others, may be divided into three great categories.[167-1]
A. Rare personal acquirements. The supply of labor requiring rare
personal ability will always be limited.[167-2] Such labor must,
naturally, have great value in use, when a small supply of it is met by
a great demand.[167-3] It sometimes happens that a species of labor can
be utilized only by a small circle of persons who demand it. But the
wages for it is raised very high by the great solvability of those who
do demand it. How frequently it happens, for instance, that a minister
is paid a very high salary for the ability he possesses of making
complicated and dry affairs of state attractive to the personal taste of
his sovereign.[167-4] Here, particularly, the confidence which the
workman inspires by his skill and fidelity enters as an element. Without
this confidence, there are many kinds of business which would be crushed
out entirely by the control it would be necessary to subject them to,
and others would not be possible at all.[167-5] When, for instance, in a
large manufacturing establishment, understrappers, workmen, foremen,
subordinate superintendents, directors, etc., draw different salaries,
their pay, if equitably graduated, should be in harmony with the
principles laid down in § 148, The head of a manufacturing
establishment, for instance, who has organized a more perfect division
and coöperation of labor, himself, and by means of which ten men are
enabled to perform the work before performed by twenty, may equitably
retain, as the reward of his organizing power, a considerable amount of
what was previously paid out in wages. Louis Blanc's proposition, that
all should receive equal salaries is, as Bastiat remarks, equivalent to
the assertion that a yard of cloth manufactured by a lazy or unskillful
workman is worth as much as two yards manufactured by an industrious and
skillful one.[167-6]
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