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Updated: May 3, 2025
It must be admitted that this conclusion as to the inadvisability of adjusting wages by reference to the profits return of particular industries is not set down without hesitation. It is plain that if that idea is to be rejected, the policy of wage settlement as a whole must give some other guarantee of distributive justice to the wage earners.
For my own part, I have never read or heard of any instance of it which seemed to me to exceed the due application to etiquette of the rule of distributive justice, to give every man his own.
Any scheme of adjustment arranged on that basis would have one distinct advantage. It would be representative of the fundamental distributive relationship that is the relationship between the various levels of earnings and the total product of market values. It would assure a closer accord between wages and total product than the widely used method already studied.
We can now enter upon the further question of whether the principles so far formulated, if used in wage settlement, would produce such distributive results as would justify them to the wage earners and the community in general.
Whenever any body of men form an association to carry on an establishment which sells them the goods they need, dividing the profits of the buying and selling among the members of the association, it is a society for distributive coöperation.
They occasion changes in the distributive situation; and these changes may be desirable or undesirable having reference to the distributive result that is sought. Any plan by which such changes as are undesirable are prevented from taking place would contribute, therefore, to the attainment of the aims of the proposed policy; and would be a valuable adjunct to the policy.
Such a system favours the poor; in other words, it is an infraction of the principle of distributive justice; through the almost complete exemption of those who have no property, the burden of direct taxation falls almost entirely on those who own property.
Therefore for all persons to say the same thing was their own, using the word all in its distributive sense, would be well, but is impossible: in its collective sense it would by no means contribute to the concord of the state.
Therefore, as I have the presumption of playing admirably with millions, I would canonize my uncle, that heroic martyr of avarice, if distributive justice would only place in my hands the wonderful instruments of prodigality he is manufacturing by hoarding his money." "Ah! heavens!" cried Louis, suddenly gazing at his friend with a horrified expression. "What is it?" asked Saint-Herem, quietly.
However, other human qualities besides those which are ordinarily considered as to be active in the competitive process figure in the distributive outcome. Furthermore, changes in distribution, brought about by any other cause may in turn modify the relative plenty or scarcity of the various groups or agents of production, and thus result in further changes.
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