Principles of Political Economy, Vol. 2Roscher, Wilhelm
General
Principles of Political Economy, Vol. 2
Roscher, Wilhelm
Economics
The working class will be best fortified in such a struggle for higher
wages when their organization is a permanent one, and when they have
taken care, during good times, to collect a certain amount of capital to
protect their members, during their cessation from work, against acute
want. This is the object of the trades-unions as they have grown up in
England, especially since the total decline of the guild system and of
governmental provisions relating to apprentices, fixed rates of
wages[176-8] etc. But it cannot be denied that these unions, although
democratic in form, often exercise a very despotic sway over their
members;[176-9] that they have, so far as the employers of labor are
concerned, and the non-union laborers, gone back to a number of
measures, outgrowths of the guild and embargo systems, which it was
fondly hoped had been forever banished by the freedom of
industry.[176-10] What many of the friends of this system hope it may
accomplish in the future, viz.: regulate the whole relation between
capital and labor, and thus, on the whole, control the entire public
economy of a people,[176-11] is, fortunately, all the more certainly a
chimera, as any national or universal approximation to this end would be
the most efficacious way to compel employers of labor to the formation
of corresponding and probably far superior opposing unions.
Notwithstanding this, however, I do not doubt that the recent
development of trades-unions in England is both a cause and an effect of
the rise in wages in the branches of industry in question, as well as of
the moral elevation of the condition of the working class which has
simultaneously taken place.[176-12] The mere possibility of a strike is
of itself calculated, in the determination of the rate of wages, to
procure for the equitable purchaser of labor the desirable preponderance
over the inequitable.[176-13]
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