The Unfinished Programme of DemocracyRoberts, Richard
Philosophy
The Unfinished Programme of Democracy
Roberts, Richard
Democracy; Social history
This is, however, not the place to state the whole case as between
protection and free trade. Chiefly it is to our point here to emphasise
the fact that the advocates of a protective tariff belong mainly to the
capitalist class; and that they will plead for a protective tariff on
the ground of national prosperity, and that national pride and prejudice
will be invoked in support of the argument. They will be careful to
abstain from calling undue attention to the point that a protective
tariff will discriminate in favour of the classes that are already
sufficiently prosperous, and their popular argument will have much to
say about the high wages of the worker. “Make the foreigner pay” was the
battlecry of the Chamberlainite fiscal reformer in England; and what the
foreigner pays we all enjoy together. It sounds fair enough; until it is
seen that by no chance whatsoever does the foreigner pay anything. He
may lose something in the diminution of his trade; but he pays nothing.
The payment is made by the domestic consumer in the higher prices which
immediately prevail in respect of “protected” commodities; and this
higher price brings an advantage to whom? To the worker? Not at all, if
the capitalist can help it. Will the worker get higher wages? Only if he
is strong enough to demand it. The empty hypocrisy of this talk about
national prosperity should be evident from the fact that the very people
who are interested in high prices are those who are equally interested
in lowering wages. The increase of the wage rate during the war has not
automatically or proportionately followed the rise in prices; it has
always to be wrested by main force from those whose interest lies in
keeping prices high and wages low. Under a protectionist régime, wages
are rarely high enough to compensate for the higher cost of living, and
the more dependent a country is upon importation from abroad, the truer
is this statement. It is only in countries like the United States of
America where the natural resources are large and more or less easily
available that protection can effect any substantial appearance of
social prosperity, and even in these cases it is scarcely doubtful that
the general prosperity would be greatly increased by the removal of a
protective tariff. The dividends upon invested capital would no doubt be
lower; but the general level of material well-being would be appreciably
raised.
Public-domain text, read in full here on John Shaqi.
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