Mr. W. H. Mallock, A.M., delivered the second of his series of lectures on "Socialism and the Social and Economic Questions," Thursday night in Emerson Hall. There will be three more lectures on Monday, Tuesday, and Thursday at 8 o'clock in the same place.
Mr. Mallock showed that the rapid improvements in production which have taken place of late, have been due to the concentration of intellect, which has given rise to inventions of machinery. In the manufacture of machinery the same principle as that which governs any social system holds-it is not the individual skill of a workman which counts, for a good workman may be employed on a poor machine, but it is this skill, under the direction of a master mind. This shows that the essential feature of the production of wealth is not labor, as the socialists claim, but rather the ability of the inventive and directing brain. Therefore there is no reason why laborers should receive a greater share of the proceeds of industry as wages, which many socialists claim they deserve.
The chief element of socialistic creeds is economic freedom or emancipation of labor, which is the desire to have wages independent of management. By offering the system in which the state shall control all industry, socialists do away with the capitalist, but substitute for him the state as a directing force. This move is merely sentimental, and will disappear after having run its course.
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