The intelligent woman's guide to socialism and capitalismShaw, Bernard
General
The intelligent woman's guide to socialism and capitalism
Shaw, Bernard
Capitalism; Socialism
When we come from your rates and taxes to your rent, your grievance
is far clearer, because when you pay your rent you have to hand your
money directly to your exploiter to do what she or he likes with
instead of to a public treasurer who gives you value for part of
it in public service to yourself, and tells you nothing about the
remainder which goes to septuagenarians, paupers, ground landlords,
profiteering contractors, and so forth, some of whom are poorer than
you, which makes for equality of income and is therefore a move in the
right direction, and others richer, which aggravates inequality and is
therefore a move in the wrong direction.
Rent paying is simpler. If you rent a piece of land and work on it,
it is quite clear that the landlord is living on your earnings; and
you cannot prevent him, because the law gives him the power to turn
you off the land unless you pay him for leave to use it. You are so
used to this that it may never have struck you as extraordinary that
any private person should have the power to treat the earth as if it
belonged to him, though you would certainly think him mad if he claimed
to own the air or the sunlight or the sea. Besides, you may be paying
rent for a house; and it seems reasonable that the man who built the
house should be paid for it. But you can easily find out how much of
what you are paying is the value of the house. If you have insured the
house against fire (very likely the landlord makes you do this), you
know what it would cost to build the house, as that is the sum you have
insured it for. If you have not insured it, ask a builder what it would
cost to build a similar house. The interest you would have to pay every
year if you borrowed that sum on the security of the house is the value
of the house apart from the value of the land.
You will find that what you are paying exceeds this house value, unless
you are in the landlord’s employment or the house has become useless
for its original purpose: for instance, a medieval castle. In big
cities like London, it exceeds it so enormously that the value of the
building is hardly worth mentioning in comparison. In out-of-the-way
places the excess may be so small that it hardly goes beyond a
reasonable profit on the speculation of building the house. But in
the lump over the whole country it amounts to hundreds of millions of
pounds a year; and this is the price, not of the houses, but of the
landlords’ permission to live on the native earth on which the houses
have been built.
Public-domain text, read in full here on John Shaqi.
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