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of course, must operate to discredit previous ideas in the same field, it followed that the economic self-interest of the learned classes would instinctively and almost invariably be opposed to reform or advance of thought in their fields.

"Being human, they were scarcely more to be blamed for involuntarily regarding new ideas in their specialties with aversion than the weaver or the brickmaker for resisting the introduction of inventions calculated to take the bread out of his mouth. And yet consider what a tremendous, almost insurmountable, obstacle to human progress was presented by the fact that the intellectual leaders of the nations and the molders of the people's thoughts, by their economic dependence upon vested interests in established ideas, were biased against progress by the strongest motives of self-interest. When we give due thought to the significance of this fact, we shall find ourselves wondering no longer at the slow rate of human advance in the past, but rather that there should have been any advance at all."


CHAPTER XXVIII.


HOW THE PROFIT SYSTEM NULLIFIED THE BENEFIT OF INVENTIONS.



"The general subject of the hostility of private capitalism to progress," pursued the teacher, "divides itself, as I said, into two branches. First, the constitutional antagonism between a system of distinct and separate vested interests and all unsettling changes which, whatever their ultimate effect, must be directly damaging to those interests. We will now ask you, Harold, to take up the second branch of the subject--namely, the effect of the profit principle to minimize, if not wholly to nullify, the benefit to the community of such inventions and improvements as were able to overcome the antagonism of vested interests so far as to get themselves introduced. The nineteenth century, including the last quarter of the eighteenth, was marked by an astonishing and absolutely unprecedented number of great inventions in economic processes. To what was this outburst of inventive genius due?"

"To the same cause," replied the boy, "which accounts for the rise of the democratic movement and the idea of human equality during the same period--that is to say, the diffusion of intelligence among the masses, which, for the first time becoming somewhat general, multiplied ten-thousandfold the thinking force of mankind, and, in the political aspect of the matter, changed the purpose of that thinking from the interest of the few to that of the many."

"Our ancestors," said the teacher, "seeing that this outburst of invention took place under private capitalism, assumed that there must be something in that system peculiarly favorable to the genius of invention. Have you anything to say on that point beyond what has been said?"

"Nothing," replied the boy, "except that by the same rule we ought to give credit to the institutions of royalty, nobility, and plutocracy for the democratic idea which under their fostering influence during the same period grew to flowering in the great Revolution."

"I think that will do on that point," answered the teacher. "We will now ask you to tell us something more particularly of this great period of invention which began in the latter part of the eighteenth century."

HAROLD STATES THE FACTS.

"From the times of antiquity up to the last quarter of the eighteenth century," said the lad, "there had been almost no progress in the mechanical sciences save as to shipbuilding and arms. From 1780, or thereabouts, dates the beginning of a series of discoveries of sources of power, and their application by machinery to economic purposes, which, during the century following, completely revolutionized the conditions of industry and commerce. Steam and coal meant a multiplication of human energy in the production of wealth which was almost incalculable. For industrial purposes it is not too much to say that they transformed man from a pygmy to a Titan. These were, of course, only the greatest factors in a countless variety of discoveries by which prodigious economies of labor were effected in every detail of the arts by which human life is maintained and ministered to. In agriculture, where Nature, which can not be too much hurried, is a large partner, and wherein, therefore, man's part is less controlling than in other industries, it might be expected that the increase of productive energy through human invention would be least. Yet here it was estimated that agricultural machinery, as most perfectly developed in America, had multiplied some fifteenfold the product of the individual worker. In most sorts of production less directly dependent upon Nature, invention during this period had multiplied the efficiency of labor in a much greater degree, ranging from fifty and a hundred-fold to several thousand-fold, one man being able to accomplish as much as a small army in all previous ages."

"That is to say," said the teacher, "it would seem that while the needs of the human race had not increased, its power to supply those needs had been indefinitely multiplied. This prodigious increase in the potency of labor was a clear net economic gain for the world, such as the previous history of the race furnished nothing comparable to. It was as if God had given to man his power of attorney in full, to command all the forces of the universe to serve him. Now, Harold, suppose you had merely been told as much as you have told us concerning the hundredfold multiplication of the wealth-producing power of the race which took place at this period, and were left, without further information, to infer for yourself how great a change for the better in the condition of mankind would naturally follow, what would it seem reasonable to suppose?"

"It would seem safe to take for granted at the least," replied the boy, "that every form of human unhappiness or imperfection resulting directly or indirectly from economic want would be absolutely banished from the earth. That the very meaning of the word poverty would have been forgotten would seem to be a matter-of-course assumption to begin with. Beyond that we might go on and fancy almost anything in the way of universal diffusion of luxury that we pleased. The facts given as the basis of the speculation would justify the wildest day-dreams of universal happiness, so far as material abundance could directly or indirectly minister to it."

"Very good, Harold. We know now what to expect when you shall go on to tell us what the historical facts are as to the degree of improvement in the economic condition of the mass of the race, which actually did result from the great inventions of the eighteenth and nineteenth centuries. Take the condition of the mass of the people in the advanced countries at the close of the nineteenth century, after they had been enjoying the benefits of coal and steam, and the most of the other great inventions for a century, more or less, and comparing it with their condition, say, in 1780, give us some idea of the change for the better which had taken place in their economic welfare. Doubtless it was something marvelous."

"It was a subject of much nice debate and close figuring," replied the boy, "whether in the most advanced countries there had been, taking one class with another, and disregarding mere changes in fashions, any real improvement at all in the economic basis of the great majority of the people."

"Is it possible that the improvement had been so small that there could be a question raised whether there had been any at all?"

"Precisely so. As to the English people in the nineteenth century, Florence has given us the facts in speaking of the effects of foreign commerce. The English had not only a greater foreign commerce than any other nation, but had also made earlier and fuller use of the great inventions than any other. She has told us that the sociologists of the time had no difficulty in proving that the economic condition of the English people was more wretched in the latter part of the nineteenth century than it had been centuries previous, before steam had been thought of, and that this was equally true of the peoples of the Low Countries, and the masses of Germany. As to the working masses of Italy and Spain, they had been in much better economic condition during periods of the Roman Empire than they were in the nineteenth century. If the French were a little better off in the nineteenth than in the eighteenth century, it was owing wholly to the distribution of land effected by the French Revolution, and in no way to the great inventions."

"How was it in the United States?"

"If America," replied the lad, "had shown a notable improvement in the condition of the people, it would not be necessary to ascribe it to the progress of invention, for the wonderful economic opportunities of a new country had given them a vast though necessarily temporary advantage over other nations. It does not appear, however, that there was any more agreement of testimony as to whether the condition of the masses had on the whole improved in America than in the Old World. In the last decade of the nineteenth century, with a view to allaying the discontent of the wage-earners and the farmers, which was then beginning to swell to revolutionary volume, agents of the United States Government published elaborate comparisons of wages and prices, in which they argued out a small percentage of gain on the whole in the economic condition of the American artisans during the century. At this distance we can not, of course, criticise these calculations in detail, but we may base a reasonable doubt of the conclusion that the condition of the masses had very greatly improved upon the existence of the popular discontent which they were published in the vain hope of moderating. It seems safe to assume that the people were better acquainted with their own condition than the sociologists, and it is certain that it was the growing conviction of the American masses during the closing decades of the nineteenth century that they were losing ground economically and in danger of sinking into the degraded condition of the proletariat and peasantry of the ancient and contemporary European world. Against the laborious tabulations of the apologists of capitalism we may adduce, as far superior and more convincing evidence of the economic tendency of the American people during the latter part of the nineteenth century, such signs of the times as the growth of beggary and vagabondage to Old World proportions, the embittered revolts of the wage-earners which kept up a constant industrial war, and finally the condition of bankruptcy into which the farming population was sinking."

"That will do as to that point," said the teacher. "In such a comparison as this small margins and nice points of difference are impertinent. It is enough that if the indefinite multiplication of man's wealth-producing power by inventive progress had been developed and distributed with any degree of intelligence for the general interest, poverty would have disappeared and comfort if not luxury have become the universal condition. This being a fact as plain and large as the sun, it is needless to consider the hairsplitting debates of the economists as to whether the condition of this or that class of the masses in this or that country was a grain better or two grains worse than it had been. It is enough for the purpose of the argument that nobody anywhere in any country pretended that there had been an improvement noticeable enough to make even a beginning toward that complete transformation in the human condition for the better, of which the great inventions by universal admission had contained the full and immediate promise and potency.

"And now tell us, Harold, what our ancestors had to say as to this astonishing fact--a

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