The distribution of the produce - Softcover

Smith, James Carmichael

 
9781154583021: The distribution of the produce

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Synopsis

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1892 edition. Excerpt: ... family--the residue or remainder constitutes the incomes of the establishment or domestic employe's, which is paid to them with the same regularity as the income of 10,000 per annum is received. If the individual has no family, has no establishment or domestic employe's, if he is the most miserly individual imaginable, and deposits at interest in a bank 9900 per annum out of his income of;£ 10,000 per annum, still he is only the nominal receiver of the income, others must of necessity have the use and benefit of his deposits, or he could not receive any interest thereon. From this conclusion there is no escape, whatever the nominal income of an individual may be, his actual consumption is strictly and absolutely limited--(1) by his animal capacity; (2) by his industrial function j (3) by his emotional requirements. "And.. O they received every man a penny/'--St. Matthew tools than a common labourer in the same craft, and the measure of their culture, respectively, is also the measure of their artistic requirements. The incomes, of working-men are partly for animal or organic consumption,.partly for industrial or functional consumption, and partly for emotional or artistic consumption. this is the law throughout the whole hierarchy of industrial functions. But if after all of such requirements have been satisfied there remains surplus produce, the outcome of the co-operation of the entrepreneur and his employes, it is, under such circumstances, only a just and reasonable demand that such surplus produce, such profit, should be legally recognized as the jointproperty of all the co-operators, and that it should be distributed among them--unto each according to his work. "The profit of the earth is for all." Consumption is...

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