rking-classes, we find that the
national income can be thus fairly apportioned--
Rent L200,000,000.
Interest L450,000,000.
Profits L450,000,000.
Wages L650,000,000.[1]
Total L1750,000,000.
Professor Leone Levi reckoned the number of working-class families as
5,600,000, and their total income L470,000,000 in the year 1884.[2] If
we now divide the larger money, minus L650,000,000, among a number of
families proportionate to the increase of the population, viz.
6,900,000, we shall find that the average yearly income of a working-
class family comes to about L94, or a weekly earnings of about 36s. This
figure is of necessity a speculative one, and is probably in excess of
the actual average income of a working family.
This, then, we may regard as the first halting-place in our inquiry. But
in looking at the average money income of a wage-earning family, there
are several further considerations which vitally affect the measurement
of the pressure of poverty.
First, there is the fact, that out of an estimated population of some
42,000,000, only 12,000,000, or about three out of every ten persons in
the richest country of Europe, belong to a class which is able to live
in decent comfort, free from the pressing cares of a close economy. The
other seven are of necessity confined to a standard of life little, if
at all, above the line of bare necessaries.
Secondly, the careful figures collected by these statisticians show that
the national income equally divided throughout the community would yield
an average income, per family, of about L182 per annum. A comparison of
this sum with the average working-class income of L94, brings home the
extent of inequality in the distribution of the national income. While
it indicates that any approximation towards equality of incomes would
not bring affluence, at anyrate on the present scale of national
productivity, it serves also to refute the frequent assertions that
poverty is unavoidable because Great Britain is not rich enough to
furnish a comfortable livelihood for everyone.
Sec. 2. Gradations of Working-class Incomes.--But though it is true that an
income of 36s. a week for an ordinary family leaves but a small margin
for "superfluities," it will be evident that if every family possessed
this sum, we should have little of the worst evils of poverty. If we
would understand the extent of the disease, we must seek it in the
inequality of incomes a
|