The intelligent woman's guide to socialism and capitalismShaw, Bernard
General
The intelligent woman's guide to socialism and capitalism
Shaw, Bernard
Capitalism; Socialism
Thus a Trade Unionist Government, with the mass of the people at its
back, could, by ruthless taxation of unearned incomes, by Factory Acts,
by Wages Boards fixing wages, by Commissions fixing prices, by using
the income tax to subsidize trades in which wages were low (all of
these devices are already established in parliamentary practice) could
redistribute the national income in such a way that the present rich
would become the poor, and the laborer would be cock of the walk. What
is more, that arrangement would be much more stable than the present
state of affairs in which the many are poor and the few rich. The
only threat to its permanence would come from the owners of property
refusing to go on collecting rent and interest merely to have it nearly
all seized by the tax collector. If you have a thousand a year and a
turn for business, you must sometimes feel that you are really only
collecting money for the Government at a commission of seventy per cent
or thereabouts. Suppose the commission were reduced to twenty-five per
cent, what could you do but pay £750 out of your thousand as helplessly
as you now pay £250? Just as the owners of property, when they
controlled Parliament, used their power to extort the utmost farthing
from Labor, Labor can and probably will use its power to extort the
utmost farthing from Property unless equal distribution for all is made
a fundamental constitutional dogma. At present the propertied classes
are looking to capitalist Trade Unions to save them from Socialism. The
time is coming when they will clamor for Socialism to save them from
capitalist Trade Unionism: that is, from Capitalized Labor. Already in
America Trade Unionism is combining with Big Business to squeeze the
sleeping partner. More of that later on.
51
DOMESTIC CAPITAL
After talking so long about Capitalism in the lump, let us take a few
chapters off to examine it as it affects you personally if you happen
to be a lady with a little capital of your own: one who, after living
in the style customary in her class, still has some money to spare to
use as capital so as to increase her income. I will begin by the simple
case of a woman earning money, not as an employer, but by her own work.
Public-domain text, read in full here on John Shaqi.
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