Full text: Property and inheritance

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Property and Inheritance. 
simply to the technological and administrative 
principles on which the system is based. It is quite 
independent of the concentration of the ownership of 
capital with which it is nearly always confused. 
The General Manager of the L.M.S.R. controls and 
directs an organisation on which over 300,000 work- 
people depend for a livelihood, not because he owns 
the capital—he doesn’t—but because the develop- 
ment of the railway system has created his great 
office. It makes no difference to the scope and 
content of his powers, since they arise from the 
nature of the organisation he directs, whether the 
railway is owned by a single capitalist, like the 
Hampton Roads railway in Virginia, by some scores 
of thousands of investors (as the L.M.S.R. actually is}, 
or by the State. 
Syndicalism is a reaction against this concentration 
of the responsible, directive work in modern industry ; 
that is its significance. It has expressed itself in a 
variety of experiments in the way of devolution and 
decentralisation. These should be persisted in, just 
because they run counter to the trend of modern 
industry. But the trend has hitherto been too 
strong for them. So strong is the trend that no 
mere constitutional arrangement, which gives 
workers a vote at some stage in the control of their 
industries, is going to be effective. The workers can, 
and do, participate in the regulation, in the framing 
of the general conditions, under which industries 
are carried on; but no development on these lines 
admits them to a share in the direction, the actual 
administrative control, of the industry. 
The basis of this concentration is technological. 
It is due to the advantages of large-scale enterprise, 
which, in its turn, is economical only if its wide- 
spread activities are co-ordinated and knit together 
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