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Wealth and Want | |||||||
... because democracy alone is not enough to produce widely shared prosperity. | |||||||
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Radical
Henry George: The Wages of Labor The Socialists, as I understand
them, and as the term has come
to apply to anything like a definite theory, do not seek the abolition
of all private property. Those who do this are properly called
Communists.
The Socialists seek the assumption by the State of capital (in which they vaguely and erroneously include land), or, more properly speaking, of large capitals, and State management and direction of at least the larger operations of industry. In this way they hope to abolish interest, which they regard as a wrong and an evil; to do away with the gains of exchangers, speculators, contractors, and middlemen, which they regard as waste; to do away with the wage system and secure general cooperation; and to prevent competition, which they deem the fundamental cause of the impoverishment of labor. The more moderate of them, without going so far, go in the same direction, and seek some remedy or palliation of the worst forms of poverty by Government regulation. The essential character of Socialism is that it looks to the extension of the functions of the State for the remedy of social evils; that it would substitute regulation and direction for competition, and control by organised society for the free play of individual desire and effort. The
vice of Socialism in all its degrees is its want of
radicalism, of going to the root.
Its advocates generally teach the
preposterous and degrading
doctrine that slavery was the first condition of labor. It assumes
that the tendency of wages to a minimum is the natural law, and seeks
to abolish wages; it assumes that the natural result of competition is
to grind down workers, and seeks to abolish competition by
restrictions, prohibitions, and extensions of governing power. Thus,
mistaking effects for causes, and childishly blaming the state for
hitting it, it wastes strength in striving for remedies that when not
worse are futile. ... read the whole article Rev. A. C. Auchmuty: Gems from George, a themed collection of excerpts from the writings of Henry George (with links to sources)
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Wealth
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www.wealthandwant.com
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... because democracy
alone hasn't yet led to a society in which all can
prosper
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