Social legislation and social activity : $b being addresses delivered at the sixth annual meeting of the American academy of political and social science of Philadelphia — John Shaqi
Social legislation and social activity : $b being addresses delivered at the sixth annual meeting of the American academy of political and social science of PhiladelphiaAmerican Academy of Political and Social Science
History
Social legislation and social activity : $b being addresses delivered at the sixth annual meeting of the American academy of political and social science of Philadelphia
American Academy of Political and Social Science
Arbitration, Industrial; Child labor; Child labor -- United States; Factory laws and legislation -- United States; Housing -- United States; Juvenile courts; Labor -- United States
Remove the curtain between the two real parties to the controversy,
which is often held by men of selfish purpose on both sides, and you
behold two simple factors, the wage-payer and the wage-earner, each
dependent upon the other and both serving the same master, the great
consuming public, of which they are also equal and very important parts.
The wage-payer, being directly in contact with the purchasing consumer,
claims that he must have a result in production equal in every way to
the wages paid, while the wage-earner contends that he must have a wage
equivalent to his contribution in time, energy and skill, to the article
produced.
Every visible article of use, for food, clothing or shelter, of
necessity, luxury or culture, represents three component parts, and the
production of each such article depends upon the proper combining of
these parts, which are: 1st. Raw material. 2d. Capital. 3d. Labor.
Raw material, supplied by nature, is controlled only by the law of
supply and demand, except when by legislation the natural law is for a
time superseded, and it then becomes a matter of political action, in
which the entire community, except the few who are directly interested
in profit, join to abolish the corrupt legislation and restore the
natural condition. Raw material is, therefore, the basis of cost in
determining the price of every product to the public.
Labor, whether skilled or unskilled, engaged in the reduction of the raw
material to the finished product, is also dependent upon the law of
supply and demand to fix its value or wage; and any effort to change
this value brings the wage-earner in direct conflict with the consumer,
through his representative, the employer, whose duty it is to know, and
who usually does know, what proportion of the entire cost of any article
can be distributed in wage so as to retain the value of the article at a
price not in excess of the ability of the consumer to purchase, and yet
within limits which will prevent a more favored nation or district from
furnishing the same article in competition, and thereby cause idleness
for the wage-earner and loss to the employer.
Capital represents plant, machinery, transportation, interest, and all
the factors known as unproductive, and yet absolutely essential for the
combination of material and labor. Capital is usually, though not
always, the owner of material and the direct employer of labor, and
therefore must stand for the silent partner in the combination. What is
so frequently called a war between capital and labor is simply an effort
on the part of the wage-earner and wage-payer to determine what part of
the product of labor, as distinct from material, is represented in the
price to the public, and after deducting the proper charge for plant,
etc., how the balance, which is profit, shall be divided between the
employer and the employee,—or wage-payer and wage-earner.
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