Collectivism; Economic history; Great Britain -- Economic policy; Industrial policy; Social history; Socialism
It was upon this account that the Industrial Revolution, as it is called,
took in its very origins the form which has made it an almost unmixed curse
for the unhappy society in which it has flourished. The rich, already
possessed of the accumulations by which that industrial change could alone
be nourished, inherited all its succeeding accumulations of implements and
all its increasing accumulations of subsistence. The factory system,
starting upon a basis of capitalist and proletariat, grew in the mould
which had determined its origins. With every new advance the capitalist
looked for proletariat grist to feed the productive mill. Every
circumstance of that society, the form in which the laws that governed
ownership and profit were cast, the obligations of partners, the relations
bet ween "master" and "man," directly made for the indefinite expansion of
a subject, formless, wage-earning class controlled by a small body of
owners, which body would tend to become smaller and richer still, and to be
possessed of power ever greater and greater as the bad business unfolded.
The spread of economic oligarchy was everywhere, and not in industry alone.
The great landlords destroyed deliberately and of set purpose and to their
own ad vantage the common rights over common land. The small plutocracy
with which they were knit up, and with whose mercantile elements they were
now fused, directed everything to its own ends. That strong central
government which should protect the community against the rapacity of a few
had gone generations before. Capitalism triumphant wielded all the
mechanism of legislation and of information too. It still holds them; and
there is not an example of so-called "Social Reform" to-day which is not
demonstrably (though often subconsciously) directed to the further
entrenchment and confirmation of an industrial society in which it is taken
for granted that a few shall own, that the vast majority shall live at a
wage under them, and that all the bulk of Englishmen may hope for is the
amelioration of their lot by regulations and by control from above--but not
by property; not by freedom.
We all feel--and those few of us who have analysed the matter not only feel
but know--that the Capitalist society thus gradually developed from its
origins in the capture of the land four hundred years ago has reached its
term. It is almost self-evident that it cannot continue in the form which
now three generations have known, and it is equally self-evident that some
solution must be found for the intolerable and increasing instability with
which it has poisoned our lives. But before considering the solutions
variously presented by various schools of thought, I shall in my next
section show how and why the English Capitalist Industrial System is thus
intolerably unstable and consequently presents an acute problem which must
be solved under pain of social death.
* * * * *
Public-domain text, read in full here on John Shaqi.
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