The Monist, Vol. 2, 1891-1892 : $b A quarterly magazineVarious
Philosophy
The Monist, Vol. 2, 1891-1892 : $b A quarterly magazine
Various
Philosophy -- Periodicals
This self-generating wealth that exists in the shape of capital is so
much on the increase that it fills all classes of our population with
hopes or if not with hopes at least with discontents—and discontent is
certainly the product of hope struggling up from the depths of the soul.
Without the vivid perception of a higher ideal and without the feeling
that it is attainable, there would not be any such thing as discontent.
The average production of man, woman, and child in the United States
increased in the thirty years between 1850 and 1880 from about 25 cents
per day to 40 cents per day—an increase of over 60 per cent. This means
the production of far more substantial improvements for human comfort.
Much more wealth is created that possesses an enduring character and may
be handed down to the next generation. Finer dwellings, better roads and
streets, fences for lands, drainings and levelings, and the processes
necessary to bring wild land under cultivation, artificial supplies
of water and gas, the warehouses and elevators, and the appliances of
commerce—and finally the buildings and furnishings of culture, including
churches, schools, libraries, museums, asylums, and all manner of
public buildings. Great Britain, the leading nation in commerce and
manufactures, according to the returns for 1888 (see Mulhall’s “Dict.
Statistics,” new edition) distributed comfortable incomes of $1000 and
upwards to each family of 30 per cent. of the entire population, and the
remaining 70 per cent. averaged $485 per annum (for each family). France
provided incomes of $1300 per annum for 24 per cent. of its families.
This shows what great capitalists are doing for the creation and
distribution of wealth. Italy showed by its income returns that less than
2 per cent. received incomes of $1000 and upwards, while 98 per cent. of
the families averaged less than $300 income. Italy makes little use of
steam power and labor saving machines.
If science progresses and its concomitant, useful invention, progresses
as fast for the next hundred years as it has done for the past forty
years, the vision of Edward Bellamy of comfort for all will be realised
without the necessity of any form of socialism. There will be comfort and
even luxury for all who will labor a moderate amount of time.
Science inventories nature and discovers properties and possible
combinations. Invention uses these combinations to meet mechanical
problems. Can any one doubt who looks into the state of science and its
continually improving methods that the conquest of nature will be more
rapid in the coming century than it has been in the past century?
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