Summary

Portrait of W. H. Mallock W. H. Mallock Labour and the Popular Welfare

Let him imagine himself arraigned before the Deity at the Day of Judgment, and the Deity saying this to him: “You found when you entered the world that a man’s labour on the average produced each year such and such an amount of wealth. Have you done anything to make the product of the same labour greater? Have you discovered or applied any new principle to any branch of industry? Have you guided industry into any new direction? Have the exertions of any other human being been made more efficacious owing to your powers of invention, of enterprise, or of management?”
Source: Gutenberg

Portrait of W. H. Mallock W. H. Mallock Labour and the Popular Welfare

In asserting that a man who can produce wealth only by Labour is inferior to a man who can produce ten times the amount by Ability, we assert his inferiority in the business of production only. In other respects he may be the better, even the greater man of the two. Shakespeare or Turner or Beethoven, if employed as producers of commodities, would probably have been no better than the ordinary hands in a factory, and far inferior to many a vulgar manufacturer.
Source: Gutenberg

Portrait of W. H. Mallock W. H. Mallock Labour and the Popular Welfare

But the remaining three quarters of our capital consists of material things; and what we have seen with regard to them may strike many people as incredible; for the moment we imagine them violently seized and distributed, they seem to dwindle and shrivel up; and the share of each individual suggests to one’s mind nothing but a series of ludicrous pictures—pictures of men whose heritage in all this unimaginable wealth is an acre of ground, two wheels of a steam-engine, a bedroom, a pearl pin, and the tenth part of a pig.
Source: Gutenberg

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