The Common Sense of Socialism: A Series of Letters Addressed to Jonathan Edwards, of PittsburgSpargo, John
General
The Common Sense of Socialism: A Series of Letters Addressed to Jonathan Edwards, of Pittsburg
Spargo, John
Socialism
These are not my figures. They are not the figures of any rabid
Socialist making frenzied guesses. They are taken from a book called
_The Present Distribution of Wealth in the United States_, by the late
Dr. Charles B. Spahr, a book that is used in most of our colleges and
universities. No serious criticism of the figures has ever been
attempted and most economists, even the conservative ones, base their
own estimates upon Spahr's work. It would be worth your while to get
the book from the library, Jonathan, and to read it carefully.
In the meantime, look over the following table which sets forth the
results of Dr. Spahr's investigation, Jonathan, and remember that the
condition of things has not improved since 1895, when the book was
written, but that they have, on the contrary, very much worsened.
SPAHR'S TABLE OF THE DISTRIBUTION OF WEALTH IN THE UNITED STATES
==========+============+=======+==========+=================+=======
| No. of | Per | Average | Aggregate | Per
Class | Families | Cent | Wealth | Wealth | Cent
----------+------------+-------+----------+-----------------+-------
Rich | 125,000 | 1.0 | $263,040 | 32,880,000,000 | 54.8
Middle | 1,362,500 | 10.9 | 14,180 | 29,320,000,000 | 32.2
Poor | 4,762,500 | 38.1 | 1,639 | 7,800,000,000 | 13.0
Very Poor | 6,250,000 | 50.0 | | |
----------+------------+-------+----------+-----------------+-------
Total | 13,500,000 | 100.0 | $4,800 | $60,000,000,000 | 100.0
----------+------------+-------+----------+-----------------+-------
Now, Jonathan, although I have taken a good deal of trouble to lay
these figures before you, I really don't care very much for them.
Statistics don't impress me as they do some people, and I would far
rather rely upon your commonsense than upon any figures. I have not
quoted these figures because they were published by a very able
scholar in a very wise book, nor because scientific men, professors of
political economy and others, have accepted them as a fair estimate. I
have used them because I believe them to be _true and reliable_.
But don't you rest your whole faith upon them, Jonathan. If some fine
day a Republican spellbinder, or a Democratic scribbler, tries to
upset you and prove that Socialists are all liars and false prophets,
just tell him the figures are quite unimportant to you, that you don't
care to know just exactly how much of the wealth the richest one per
cent. gets and how little of it the poorest fifty per cent. gets. A
few millions more or less don't trouble you. Pin him down to the one
fact which your own commonsense teaches you, that the wealth of the
country _is_ unequally distributed. Tell him that you _know_,
regardless of figures, that there are many idlers who are enormously
rich and many honest, industrious workers who are miserably poor. He
won't be able to deny these things. He _dare_ not, because they are
_true_.
Public-domain text, read in full here on John Shaqi.
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