FREE BOOKS

Author's List




PREV.   NEXT  
|<   229   230   231   232   233   234   235   236   237   238   239   240   241   242   243   244   245   246   247   248   249   250   251   252   253  
254   255   256   257   258   259   260   261   262   263   264   265   266   267   268   269   270   271   272   273   274   275   276   277   278   >>   >|  
living" on which everything depends would rise. The difficulty lay in the fact that the teaching afforded no evidence that it would thus rise. The common impression of readers was that it was destined to remain stationary and that too at a low level. The workmen of Malthus's time were not accustomed to getting much more than the barest subsistence, and not many economists expected that they would get much more, even though the world generally should make gains. _The Popular Inference from the Malthusian Law._--If we state the conclusion which most people drew from the Malthusian law in its simple and dismal form it is this: Whenever wages rise, population quickly increases, and this increase carries the rate of pay down to its former level. The earnings of labor depend upon the number of laborers; a lessening of the number of workers raises their earnings and an increase depresses them; and therefore, if every rise in pay brings about a quick increase of population, labor can never hold its gains; every rise is the cause of a subsequent fall. _Malthus's Qualification of his Statement._--As we have said, Malthus so qualified his statement that he did not positively assert that this would describe the experience of the future; the fall in pay that should follow the increase of numbers might not always be as great as the original rise, and when a later rise should occur the fall following it might be less than this second rise. In some way workers might insist upon a higher standard of living after each one of their periodical gains. _Why this Qualification is not Sufficient._--The mere fact that the standard of living may conceivably rise does not do much to render the outlook cheerful, unless we can find some good ground for supposing that it will rise and that economic causes will make it do so. We should not depend too much on the slow changes that education may effect, or base our law on anything that presupposes an improvement in human nature. We need to see that in a purely economic way progress makes further progress easier and surer and that the gains of the working class are not self-annihilating but self-perpetuating. We may venture the assertion that such is the fact: that when workers make a gain in their rate of pay they are, as a rule, likely to make a further gain rather than loss. While there must be minor fluctuations of wages, the natural and probable effect of economic law is to make the general
PREV.   NEXT  
|<   229   230   231   232   233   234   235   236   237   238   239   240   241   242   243   244   245   246   247   248   249   250   251   252   253  
254   255   256   257   258   259   260   261   262   263   264   265   266   267   268   269   270   271   272   273   274   275   276   277   278   >>   >|  



Top keywords:

increase

 

economic

 
Malthus
 

workers

 

living

 
progress
 

effect

 

Malthusian

 

population

 

standard


earnings

 

depend

 
number
 

Qualification

 
cheerful
 
insist
 
higher
 

original

 

conceivably

 

render


Sufficient

 

periodical

 
outlook
 

assertion

 

venture

 

perpetuating

 
annihilating
 

natural

 

probable

 

general


fluctuations

 

working

 

education

 

supposing

 

presupposes

 

purely

 

easier

 
improvement
 

nature

 

ground


economists

 

expected

 
subsistence
 
accustomed
 

barest

 

conclusion

 

generally

 
Popular
 

Inference

 

afforded