The Socialism of to-day

Bibliographic data

Monograph

Identifikator:: 882699261

URN:: urn:nbn:de:zbw-retromon-4781

Document type:: Monograph

Author:: Kanbe, Masao http://d-nb.info/gnd/11603548X

Title:: Der russisch-japanische Krieg und die japanische Volkswirtschaft

Place of publication:: Leipzig

Publisher:: A. Deichert'sche Verlagsbuchhandlung Nachf. (Georg Böhme)

Year of publication:: 1906

Scope:: 1 Online-Ressource (74 Seiten)

Digitisation:: 2017

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

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Document type:: Monograph

Structure type:: Chapter

Title:: II. Teil. Einfluß des russisch-japanischen Krieges auf die japanische Volkswirtschaft

Collection:: Economics Books

THE SOCIALISM OF TO-DAY. 248 Utilize it ; and secondly, that the rent, paid by the tenants to the community, should be expended for the common benefit of all. According to the Belgian Socialist, there are only two entirely distinct methods of holding land : first, that adopted at the present day, in which the soil is given up to individuals, or to certain classes of individuals, and labour is enslaved ; secondly, the system of the future, under which the soil will be collective property, and labour will be free. The above relates to the production of wealth. Let us now consider the way in which Rational Socialism regulates its distribution. When labour is free—as is necessarily the case when the land is accessible to all—every one can live without being obliged to accept wages from anybody. In that case, a man would work for others only if they offered him, as wages, more than he could gain by working for himself. This situation is expressed in economic terms by saying that then wages would tend to a maximum, and when it exists, the distribution of wealth is so affected that the larger share of the product goes to labour and the smaller to capital. But when labour is enslaved, the labourers are forced, under pain of starvation, to compete with one another in offering their labour to those who possess land and capital ; and then their wages fall to what is strictly necessary for existence and reproduction ; while if the holders of wealth do not need labour, the unemployed labourers must disappear. Wages, then, tend to a minimum, and the dis tribution of wealth takes place in such a way that the greater part goes to the landowners and capitalists, and the smaller to the labourers. When labour is free, every man’s wealth increases in proportion to the toil he has expended ; but when labour is enslaved, his wealth grows in proportion to the capital he has accumulated. From these two opposite modes of distribution flow, accord ing to Colins, the two following consequences, each of which has reference to one or other of the two systems of holding land above described. When land is owned by individuals, the wealth of one class of the community and the poverty ot the other increase in parallel lines, and in proportion to the

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