The Popular Science Monthly, October, 1900: Vol. 57, May, 1900 to October, 1900Various
History
The Popular Science Monthly, October, 1900: Vol. 57, May, 1900 to October, 1900
Various
Science -- Periodicals; Technology -- Periodicals
There is a painful side to statistical and economic study. The penalty
of being able to read what is written between the lines and the
columns of the figures is the conclusion that after we have all done
the best work that the present conditions of science will permit, the
entire product barely suffices to keep mankind in existence; his fixed
capital, so-called, is at the mercy both of time and of the inventor
who substitutes better methods which at less cost of effort or labor
yield more abundance to the community as a whole. But on the other
hand, no matter how hard the struggle for existence may be, we find
the promise of future abundance even in the insufficient product which
has been derived from the application of science and invention up to
date. Witness the relative progress of the last century as compared
with all the previous centuries; then attempt to conceive what will be
the condition of humanity a century hence, knowing, as we do, that the
applications of science through mental energy now proceed in geometric
progression, reversing the dogma of Malthus and leading to the concept
of production unlimited, consumption limited.
If it be true that there is no conceivable limit to the power of mind
over matter or to the number of conversions of force that can be
developed, providing in increasing measure for the wants of the human
body, it follows that pauperism is due to poverty of mental energy, not
of material resources.
The next step in the development of this theory may be presented in
this form: _No man is paid by the measure in time or physical effort,
for the work or labor that he performs._ No man can claim payment in
money or in kind on the ground that he has done a day’s work of a
greater or less number of hours. In all civilized countries we are
members one of another; rich or poor; whether we work with our hands
or our heads, or both combined. Material existence is supported by
conversion of one form of physical energy into another. Social energy
is maintained by the exchange of one form of service for another. The
measure of compensation is not the number of hours of labor put into
the product or service. _The standard by which services are measured
is what the buyer is saved from doing, not what the seller does._ Each
of us might possibly be able to house, clothe and feed ourselves if we
were cast upon an island possessing sufficient natural resources. If a
hundred persons representing all the classes in society were wrecked
upon such an island, each adult or each person above ten years old
would probably find a way to house, feed and clothe himself. Why do we
not house, feed and clothe ourselves, and why would not the hundred
representatives of different classes wrecked on an island each do his
own part of the work for himself only? Simply for the reason that men
are either endowed from birth with different aptitudes, or different
aptitudes are developed in their environment. Each one finds out that
Public-domain text, read in full here on John Shaqi.
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