Inhaltsangabe
Excerpt from A Business Man's Views of Public Matters
I am opposed to Labor Strikes. I believe their results are injurious to the strikers and useless to the community. I grant the abstract right of workmen to demand increased pay for their work, but deny their right to force any person into combinations for that purpose. Such force is injurious to the forced ones, by depriving them of a chance to work for their living, and compelling them either to subsist on charity or consume in idleness the savings of former labor. Combined strikes and trades unions do this, when they require their members to stop work, because in creased wages are demanded. This was the case at Lynn, where the Scabs (those who would work for what they could get being thus called) were daily visited by the strikers' committee, and coaxed and threatened to desist from work. This is wrong. Strikes can never permanently benefit the strikers. Why? Because they are not based on correct principles. The price of labor, like that of all other saleable articles, must be regulated by supply and demand. This is proved by the fact that the same labor commands more pay in one place than in another. California furnishes proofs of this. When the first rush took place to that State, in 1847, day laborers commanded five times as much for their services as they now get. Why Simply because that in 1847 the demand was in excess of the supply, and as the supply increased, as it is always sure to do under high wages, the wages were correspondingly reduced.
This must ever be so; were it different, two very great injuries would result: First, the maintenance of high prices must, of necessity, be at the cost of the consumer of labor products; and secondly, if competition be not allowed in the labor market (as it could not be if supply and demand did not regulate prices) injustice, must be done to those who would compete for the labor; and this injustice deprives these parties of the work they would be glad to do. So we must come back to letting supply and de mand regulate prices, and this law can never be set aside by strikes.
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Reseña del editor
Excerpt from A Business Man's Views of Public Matters
The theory of our Government is that each man is a part of it, or rather that each is supposed or expected to take part in its affairs. This not only confers privileges but demands duties. I have occasionally, through the newspapers of the day, contributed a mite towards the promotion of what appeared to me to be such a state of public opinion as would conduce to the greatest good of all our people. Perhaps I may be charged with egotism in reproducing these views in this form, but desiring to preserve them, and presuming that a few of my friends might read them, I have caused their publication in this shape. I submit them as the views of one of the people on the topics discussed, and if they have been or may be of any use, I shall be satisfied.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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