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Updated: July 20, 2025
As it now stands, authors who annually produce the raw material for manufacturing purposes to an amount in value of millions, supporting vast populations of people, authors whose mental produce rivals and exceeds in commercial value many of the great staple products of our fields, are the only producers who have no distinct property in their products, who are not protected in holding on to the feeble tenure the law gives them, and whose quasi-property in their works, flimsy as it is, is limited to a few years, and cannot with certainty be handed down to their children.
The explanation is that he, like so many of his colleagues, though recognising personally that labour among "modern nations" depends for its higher productivity on the picked men who direct it, cannot bring himself to renounce, when he is making his appeal to the masses, the old doctrine that they are the sole producers; and accordingly having started with the ostentatious admission that directive ability is as essential to production as labour is, he endeavours by his verbal jugglery with the case of a printed book to convey the impression that labour produces all values after all; and he actually manages to wind up with a repetition of the old Marxian moral that the profits of ability mean nothing but labour which has not been paid for.
Economic depression can not be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body the producers and consumers themselves. Recovery can be expedited and its effects mitigated by cooperative action.
We have had a large measure of voluntary coöperation both from producers, manufacturers and wholesalers, in suppression of profiteering and speculation. There are cases that have required stern measures, and some millions of dollars have been refunded in one way or another to the public. The number of firms penalized is proportionately not large to the total firms engaged.
There must be something wrong with a social system which permits one idle peer to ruin hundreds of industrious producers. This evil social system should be amended, or evictions will continue." That Determinist conclusion would be followed by the usual inadequate subscription. And now we will go back to the point we passed.
By the terms of agreement between the American Social Science Association and the National Institute, the members of each are 'ipso facto' associate members of the other. It is believed that the advancement of art and literature in this country will be promoted by the organization of the producers of literature and art.
The people, the weightiest element in the State, the cultivators of the land, the producers of wealth, lie at the bottom like gold. The worthless, the drones, the rich, the aristocratic, the most frivolous, swim on the surface like chips and corks. Athens has always represented government by the people, and will always do so; Sparta represents the donkey-government.
How little there was on the surface of Scott of the literary keenness, subtlety, knowingness of later producers, and yet how far his contribution surpasses theirs in real human pathos and suggestiveness! The same might be said of Count Tolstoï, who is also, back of all, a great loving nature.
Economic depression can not be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body the producers and consumers themselves. Recovery can be expedited and its effects mitigated by cooperative action.
He had his company, he had the location for his big range stuff, he had all the financial backing any reasonable man could want. He had a salary that in itself gauged the prestige he had gained among producers, and as an added incentive to do the biggest work of his life he had a contract giving him a royalty on all prints of his pictures in excess of a fixed number.
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