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Updated: June 17, 2025


While it indicates that any approximation towards equality of incomes would not bring affluence, at anyrate on the present scale of national productivity, it serves also to refute the frequent assertions that poverty is unavoidable because Great Britain is not rich enough to furnish a comfortable livelihood for everyone. Gradations of Working-class Incomes.

Good criticism is generally applicable to all literature; good reviewing is good criticism applied to a new book. I see no other valid distinction. Reviewing in America has had a career by no means glorious. In the early nineteenth century, at the time of our first considerable productivity in literature, it was sporadic. Reviewing was carried on in small type, in the backs of certain magazines.

If we are true friends of freedom, our own or anybody else's, we will see that the power of this country and the productivity of this country is raised to its absolute maximum, and that absolutely nobody is allowed to stand in the way of it.

The last part of the entire work was published in 1839, having occupied, intermittently, eighteen of his twenty years of literary productivity.

The wild days at Weimar were the prelude to a long life of sustained energy and of the highest productivity; "The Robbers" was soon distanced and eclipsed by the noble works of one of the noblest of modern spirits; and to the extravagance of the ardent French Romanticists of 1832 succeeded those great works in verse and prose which have made the last half-century memorable in French literary history.

By the identification of the enjoyment of capital with the enjoyment of some portion of the products of it, the good of the individual capitalist is identified with the good of the community; for it will, in that case, be the object of all capitalists to raise the productivity of all capital to a maximum; while a system which would compel the possessor, if he is to enjoy his capital at all, to do so by diminishing its substance and allowing its powers to dwindle, would identify the only advantage he could possibly get for himself with the impoverishment of everybody else, and ultimately of himself also.

But we have also faced world commodity shortages, natural disasters, agricultural shortages and major challenges to world peace and security. Our ability to deal with these shocks has been impaired because of a decrease in the growth of productivity and the persistence of underlying inflationary forces built up over the past 15 years.

It is a question, you see, which travels quite to the horizon of our vision and beyond it, and which searches the very heart of our national purity and power. No wonder that Bismarck considered the perpetuation of the German home, with its elemental and joyous productivity, as the source of all imperial puissance on the one hand, and the purpose and end of all statesmanship on the other hand.

This, we would say, is probably an example of a more or less automatic intellectual operation occurring when the patient is sufficiently stimulated, although he cannot be raised to the point of spontaneous verbal productivity. As these scattered reports about benign stupors are so unsatisfactory, one naturally turns to text-books. Little more appears in them.

The general adoption of scientific management would readily in the future double the productivity of the average man engaged in industrial work. Think of what this means to the whole country.

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