Well, do you believe any of these statements? I hope you are not such
a simpleton as to be fooled by the bald assertion of any speaker or
writer when you have, within your reach, the facts from which you can
learn the truth for yourself.
Let us pursue this more rational method. Certainly, the Socialists
cannot object if we check off their calculations and find out if they
have made any mistakes in their figuring.
According to the last United States Census report--and that ought to
be good enough authority for anybody--the total value of all the goods
manufactured in this country during the year 1909 was $20,672,052,000
and the number of persons employed in making these goods was 7,405,513.
If we divide one by the other, we find an earning capacity of more
than $2,700 per man; but, unfortunately, that is not the way things
work out. There are certain expenses of manufacture that have to be
deducted from the “gross value” before we can even begin to calculate
the earning capacity of the worker. One little item we mustn’t forget
is called “Cost of Materials.” Another item is known as “Miscellaneous
Expenses.” After you have received your wages, you are perfectly
willing that your employer shall deduct these “expenses” before
figuring his own profits, are you not?
In 1909, the “cost of materials” alone represented the tremendous
sum of $12,141,291,000 and the “cost of miscellaneous expenses” was
$1,945,676,000. When we subtract these two charges from the “gross
value,” we have $6,585,085,000 left, and if we divide this sum by the
number of workers, we find that the average product of the worker was
but $889.23.
What did the worker actually get? The “cost of labor and salaries,”
in 1909, was $4,365,613,000, and, if we divide this by the number of
workers, we learn that the average is $589.52.
This is quite different from the story the Socialists tell us. Had
all the industries in America been owned and operated collectively,
in 1909, the worker, at the best, could have received but $299.71
more than he did, for, as you must admit, such factors as “cost of
materials” and “miscellaneous expenses” must needs be considered, even
under the collective system of industry. Certainly, the worker in the
textile mills could not produce the cotton and wool and silk, and the
shoe-worker could not raise the animals and prepare the leather, even
were Socialism to bring about all the marvelous changes it has promised.
Public-domain text, read in full here on John Shaqi.
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