The Theory of Business

第38章

Thesocialisticdisaffectionhasbeensetdowntoenvy,classhatred,discontentwiththeirownlotbycomparisonwiththatofothers,andtoamistakenviewoftheirowninterests。Thiscriticismmaybewellenoughasfarasitgoes,butitdoesnottouchsocialisminthoserespectsinwhichitdiffersfromothermovementsintowhichthisrangeofmotivesenters;thatistosay,ittouches,notthespecifictraitsofsocialism,butthecommonfeaturesofpopulardiscontent。Historyshowsmanysuchmovementsofdiscontent,pushedonbyrealorfanciedprivationandiniquity;andpastexperiencerecordedinhistoryshouldleadustoexpectthat,undertheguidanceofsuchmotivesandsuchreasoningasiscurrentlyimputedtothesocialistsbytheirconservativecritics,themalcontentswoulddemandaredistributionofproperty,areorganizationofownershiponsuchnewlinesaswouldfavorthediscontentedclasses。Butsuchisnotthetrendofsocialisticthinking。Itlookstothedisappearanceofpropertyrightsratherthantheirredistribution。Theentirerangeofdoctrinescoveredbythetheoryofdistributioninthereceivedeconomicsisessentially(andcharacteristically)neglectedbythemodernsocialistspeculations。(19*)

Theperplexityofthosewhoprotestagainstasupposedlyimminentsocialisticsubversionofpropertyrightsisofatwofoldkind:(1)Theabsenceofproprietaryrightsisincomprehensible,andalivingtogetherinsocietywithoutdefinedownershipofthemeansoflivingisheldtobeimpracticable;ownershipofgoods,intheapprehensionoftheconservativecritics,isinvolvedinthepresenceofgoods。(2)

Ownershipofthemeansoflivingisaninalienablerightofman,ethicallyinevitable;thecancelmentofpropertyrightsisfelttoviolateafundamentalprincipleofmorals。Allthis,ofcourse,proceedsontheassumptionthattheinstitutionofownershipcannotbeabrogated,asbeinganelementalfunctionofhumannatureandanintegralfactorintheorderofthingsinwhichhumanlifebelongs。

Tothemodernsocialistallthisiscomingtobelessandlessconvincing。Inthisrespectthereisafairlywellmarkedprogressivechangeintheattitudeoftheprofessedsocialists。

Theirpositionisprogressivelylesscapableofbeingformulatedasabusinessproposition;theirdemandsareprogressivelymoredifficulttostateintheformofapecuniaryclaim。Theclaimtothefullproductoflabor,whichoncefilledalargeplaceinsocialisticclamorsandhadagreatcarryingforceduringtheearlierthree-quartersofthenineteenthcentury,hasgraduallyfallenintoabeyance,bothwiththeagitatorsandtheadherentsofthepropaganda,duringthelastgeneration。To-daythisclaimisanafterthoughtintheadvocate’spresentationofsocialism,morefrequentlythanitisapointofdeparturefortheargument,anditismademoreofbytheproselytes,whohavecarriedthemetaphysicsofitoverfromthecurrentcommonsenseofthebusinesscommunity,thanbythesocialistsofconfirmedstanding。

Theclaimtothefullproductisanarticleofnatural-rightsdogma,andassuchitisareminiscenceoftheinstitutionalsituationfromwhichsocialismdeparts,ratherthanafeatureoftheprospectivesituationtowhichsocialisticsentimentlooks。

Thelikeobsolescenceofthesenseofequityinownershipisvisibleintheattitudetakenbystrikersinthelarge,mechanicallyorganizedindustries,outsideoftheranksofavowedsocialism。Thesestrikersarelessandlessdeterredbyconsiderationsofvestedrights,propertyrights,owner’sinterests,andthelike。Theprinciplethatamanmaydowhathewillwithhisownislosingitsbindingforcewithlargeclassesinthecommunity,apparentlybecausethespiritualgroundonwhichreststhenotionof“hisown“isbeingcutawaybythelatter-dayexperienceoftheseclasses。Abridgmentofproprietarydiscretion,confiscationofproprietaryrights,isgrowinggraduallylessrepugnanttotheindustrialpopulace;andthequestionofindemnityforeventuallossismoreandmorefallingintoneglect。Withthesocialisticelementthequestionisnot,whatshallbedoneinthewayofreadjustmentofpropertyclaims,butwhatistobedonetoabolishthem。(20*)

Thequestionofequityorinequityinthedistributionofwealthpresumesthevalidityofownershiprightsonsomebasisorother,oratleastitpresumesthevalidityofsomebasisonwhichtheclaimsofownershipmaybediscussed。Ownershipisthemajorpremiseofanyargumentastotheequityofdistribution,anditisthismajorpremisethatisbeingforgottenbytheclassesamongwhomsocialisticsentimentisgaining。Equityinthisconnectionseemsnottobelongintherepertoryofsocialistconcepts。Itisatthispoint-thepointofacommongroundofargument-thatthediscrepancyoccurswhichstandsintheway,notonlyofaneventualagreementbetweenthesocialistsandtheirconservativecritics,butevenoftheirmeetingoneanother’sreasoningwithanysubstantialeffect。Intheequipmentofcommon-

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