FREE BOOKS

Author's List




PREV.   NEXT  
|<   379   380   381   382   383   384   385   386   387   388   389   390   391   392   393   394   395   396   397   398   399   400   401   402   403  
404   405   406   407   408   >>  
Sec. 11. Competition modified by authoritative distribution. Sec. 12. Meanings of socialism. Sec. 13. Philosophic socialism. Sec. 14. Socialism in action. Sec. 15. Origin of the radical socialist party. Sec. 16. The two pillars of "scientific" socialism. Sec. 17. Aspects of the materialistic philosophy of history. Sec. 18. Utopian nature of "scientific" socialism. Sec. 19. Its unreal and negative character. Sec. 20. Revisionism and opportunism in the socialist party. Sec. 21. Alluring claims of party-socialism. Sec. 22. Growth and nature of the socialist vote. Sec. 23. Economic legislation and the political parties. Sec. 1. #The distribution of incomes#. The great economic progress of the past two centuries has been mainly in lines of technical production. The developing natural sciences and mechanic arts have given men a marvelously increased control over forces and materials. This has multiplied the quantities of goods of most kinds at the disposal of men, collectively considered. All men, with rare exceptions, have been gainers; but the increased production has been very unequally distributed among the members of the community. More and more insistently the plea and the demand have been made for better methods of distribution that will give to the masses of the people a larger share of the goods produced. Production is largely a problem of the technical arts; distribution is a problem of social economy. Two aspects of distribution may be distinguished: functional distribution is the attribution of value (yields) to wealth and labor considered impersonally, as groups of productive agents; and personal distribution is the actual movement of incomes into the control of persons.[1] Personal incomes, whether monetary, real, or psychic, are the sum of a number of elements. Some parts are due to services performed by the person himself. When one combs his own hair he is performing for himself a service that is a part of his income. Benjamin Franklin said it was better to teach a boy to shave himself than to give him a thousand dollars with which to pay barbers for a life-time. Other parts of income are the uses and fruits of legally controlled wealth; chance finds, as gifts of value or lost and abandoned goods; goods assigned to one by authority; wealth inherited; illegal gains by robbery; goods secured on credit; gifts either of things or of services. The many methods by which incomes are distributed
PREV.   NEXT  
|<   379   380   381   382   383   384   385   386   387   388   389   390   391   392   393   394   395   396   397   398   399   400   401   402   403  
404   405   406   407   408   >>  



Top keywords:
distribution
 

socialism

 

incomes

 

socialist

 

wealth

 

production

 
technical
 
problem
 

methods

 
distributed

considered

 

control

 
increased
 

income

 

services

 

scientific

 

nature

 

authority

 
agents
 
personal

groups

 

inherited

 
actual
 
productive
 

persons

 

monetary

 

abandoned

 
Personal
 

impersonally

 

assigned


movement

 

distinguished

 

things

 

aspects

 
social
 

economy

 
functional
 

yields

 
illegal
 

attribution


robbery

 

credit

 

secured

 
performing
 

thousand

 

dollars

 

service

 

Benjamin

 

Franklin

 
barbers