Not all businesses are to-day successful. Some of them fail because
the people do not buy the articles which it was expected they would
buy, and it is quite possible that such mistakes might be made under
Socialism. It is entirely probable that some kind of mistakes would
be made, and that there would be approximately as great a proportion
of losses with collective management as we now have under individual
management. These items would, of course, have to be deducted before
the division of profits could be effected.
The Socialists claim that a large part of the profits of which the
worker is robbed, goes to meet the expenses of rent and interest,
two factors that would not have to be considered in the Co-operative
Commonwealth. They do not seem to take into account the fact that the
money applied to rent, interest and profit is not stored away, or
otherwise taken out of circulation, even to-day. The greater part of
this sum finds its way back to industry by providing for extensions in
business, renewals of machinery, enlargements of factories, and the
establishment of new industries.
There are items of expense that we cannot dodge even under Socialism.
Factories and machinery do not last forever. New methods must
constantly be adopted. An ever-increasing popular demand necessitates
an extension of manufacturing facilities. Do the Socialists expect us
to believe that, on the establishment of the Co-operative Commonwealth,
everything will be income and there will be no outlay--all profit and
no expenses?
Then we must provide for the payment of the huge army of Socialist
officials, for there will be practically no end to the number of
overseers, superintendents, clerks, bookkeepers, auditors, cashiers,
and statisticians--to say nothing of the host of minor officials--all
of whom will have to be paid at the same rate, to say the least, as the
laborers.
In talking about this kind of workers to-day, the Socialist agitator
is very apt to dub them a “non-producing class.” If you will examine
Socialist statistics carefully, you will find that the statisticians
almost invariably omit to consider the amount paid such workers as
an item of expense; that they are even likely to include the sum
represented by these salaries in the _profits_ of the employing class.
Should the time ever come when the Socialists themselves are called
upon to provide the pay-roll for the nation, they will discover that
the directive and executive workers, and all the persons employed to
carry out their part of the program, will call for the expenditure of
a tremendous sum of money. Tremendous as this amount would be to-day,
however, the present outlay for this purpose would be but a drop in the
bucket compared to the cost of the system that Socialism would have to
establish.
Let us see what the Socialists themselves--the more frank and honest
kind of Socialists--have to say about this matter.
Public-domain text, read in full here on John Shaqi.
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