L. G. Chiozza Money

Biographical details

L. G. Chiozza Money Riches and Poverty (1910)

To deal with causes we must strike at the Error of Distribution by gradually substituting public ownership for private ownership of the means of production. In no other way can we secure for each worker in the hive the full reward of his labour. So long as between the worker and his just wage stands the private landlord and the private capitalist, so long will poverty remain, and not poverty alone, but the moral degradations which inevitably arise from the devotion of labour to the service of waste.
Source: Gutenberg

L. G. Chiozza Money Riches and Poverty (1910)

DISTRIBUTION OF THE NATIONAL INCOME TAKING the population of the United Kingdom, 1908, at 44,500,000, and the total income at £1,844,000,000, we get an average income per head of about £40.
Thus, if the income of the nation were equally distributed amongst its inhabitants, a family of five persons would enjoy an income of about £200 per annum.
But how is the £1,840,000,000 actually divided amongst our people? Contrasts between great riches and extreme poverty are every day presented to our eyes. Can we do anything to reduce to a definite shape our vague conceptions of riches and poverty?
Source: Gutenberg

L. G. Chiozza Money Riches and Poverty (1910)

Collectively the community is deprived of the proper value of their strength, their intelligence, their genius.
The last point is rarely discussed. Intellect and genius are the possessions of no single class. Year by year we kill off units of our population who might live to work good for their kind. Year by year we brutalize men who, given opportunity, might enrich our literature or ennoble our art. Year by year we waste the greater part of the gifts of our people.
Source: Gutenberg

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