FREE BOOKS

Author's List




PREV.   NEXT  
|<   58   59   60   61   62   63   64   65   66   67   68   69   >>  
ode that starts from sounder principles than those which have obtained hitherto can do a great deal towards progressive betterment. Each decade can be an improvement upon the last. Hitherto we have been hampered at every turn by the supposed obstacle of immutable economic laws. The theory of "natural" wages and prices of a supposed economic order that could not be disturbed, set up a sort of legislative paralysis. The first thing needed is to get away entirely from all such preconceptions, to recognize that the "natural" order of society, based on the "natural" liberty, does not correspond with real justice and real liberty at all, but works injustice at every turn. And at every turn intrusive social legislation must seek to prevent such injustice. It is no part of the present essay to attempt to detail the particulars of a code of social legislation. That must depend in every case upon the particular circumstances of the community concerned. But some indication may be given here of the kind of legislation that may serve to render the conditions of industry more in conformity with social justice. Let us take, as a conspicuous example, the case of the Minimum wage law. Here is a thing sternly condemned in the older thought as an economic impossibility. It was claimed, as we have seen, that under free contract a man was paid what he earned and no law could make it more. But the older theory was wrong. The minimum wage law ought to form, in one fashion or another, a part of the code of every community. It may be applied by specific legislation from a central power, or it may be applied by the discretionary authority of district boards, or it may be regulated,--as it has been in some of the beginnings already made,--within the compass of each industry or trade. But the principle involved is sound. The wage as paid becomes a part of the conditions of industry. Interest, profits and, later, the direction of consumption and then of production, conform themselves to it. True it is, that in this as in all cases of social legislation, no application of the law can be made so sweeping and so immediate as to dislocate the machine and bring industry to a stop. It is probable that at any particular time and place the legislative minimum wage cannot be very much in advance of the ordinary or average wage of the people in employment. But its virtue lies in its progression. The modest increase of to-day leads to the fuller increase of
PREV.   NEXT  
|<   58   59   60   61   62   63   64   65   66   67   68   69   >>  



Top keywords:

legislation

 
industry
 
social
 

natural

 
economic
 
justice
 
liberty
 

injustice

 

minimum

 

applied


increase
 

conditions

 

community

 

supposed

 
legislative
 
theory
 

beginnings

 

compass

 

principles

 
Interest

profits
 

principle

 

involved

 

authority

 
obtained
 

earned

 

fashion

 
discretionary
 

district

 
boards

central
 

specific

 

regulated

 

production

 

ordinary

 
average
 

people

 

advance

 

employment

 
starts

fuller

 

modest

 

virtue

 

progression

 
conform
 

consumption

 

application

 
sounder
 

probable

 

machine