[Socialism As It Is by William English Walling]@TWC D-Link bookSocialism As It Is CHAPTER VIII 3/11
Here again it is impossible to expect any but a Socialist government to go very far.
As I have shown, it is to be questioned whether any capitalistic administration, however advanced, would increase real wages (wages measured by their purchasing power), except in so far as the higher wages will result in a corresponding or greater increase in efficiency, and so in the profits made from labor.
And the same law applies to most other governmental (or private) expenditures on behalf of labor, whether in shortened hours, insurance, improved conditions, or any other form. The very essence of capitalist collectivism is that the share of the total profits which goes to the ruling class should not be decreased, and if possible should be augmented.
In spite of material improvements the economic gulf between the classes, during the period it dominates, will either remain as it is, or become wider and deeper than before.
On the ground of the health and ultimate working efficiency of the present and future generation, hours may be considerably shortened, and the labor of women and children considerably curtailed.
<<Back Index Next>> D-Link book Top TWC mobile books
|