Socialism: A Summary and Interpretation of Socialist PrinciplesSpargo, John
History
Socialism: A Summary and Interpretation of Socialist Principles
Spargo, John
Socialism
Going further, we compare the two years, 1886 and 1896, and find that
this concentration increased during the ten-year period as follows: In
1886, there were 2212 incomes of more than 10,000 marks assessed, being
0.69 per cent of the total number. In 1896, there were 3099 incomes of
more than 10,000 marks assessed, being 0.78 per cent of the total
number. In 1886, 0.69 per cent of the incomes assessed amounted to
51,403,000 marks, representing 12.77 per cent of the total assessed
wealth; while in 1896, 0.78 per cent of the incomes assessed amounted to
81,986,000 marks, representing 15.02 per cent of the total wealth so
assessed. In 1886 there were 18 incomes of over 200,000 marks a year,
aggregating 6,864,000 marks, 1.70 per cent of the total value of all
incomes assessed; in 1896, there were 28 such incomes, aggregating
12,481,000 marks, or 2.29 per cent of the total value of all incomes
assessed. The increase of concentration shown by these figures is not
disputable, it seems to the present writer, when they are thus carefully
analyzed, notwithstanding the fact that the table from which they are
drawn is sometimes used to support the opposite contention.
According to the late Professor Richmond Mayo-Smith,[110] seventy per
cent of the population of Prussia have incomes below the income tax
standard, their total income representing only one third of the total
income of the population. An additional one fourth of the population
enjoys one third of the total income, while the remaining one third goes
to about four per cent of the people. The significance of these figures
is clearly shown by the following diagram:--
[Illustration:
DIAGRAM
SHOWING THE DISTRIBUTION OF INCOME BY CLASSES IN PRUSSIA]
In Saxony the statistics show that "two thirds of the population possess
less than one third of the income, and that 3.5 per cent of the upper
incomes receive more than 66 per cent at the lower end." From a table
prepared by Sir Robert Giffen, a notoriously optimistic statistician,
always the exponent of an ultra-roseate view of social conditions,
Professor Mayo-Smith concludes that in England, "about ten per cent of
the people receive nearly one half of the total income."[111] These
figures are rather out of date, it is true, but they err in understating
the amount of concentration rather than otherwise, as the researches of
Mr. Chiozza Money, M.P., and others show.[112]
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