Free Trade In Capital; Or, Free Competition In The Supply Of Capital To Labour, And Its Bearings On The Political And Social Questions Of The Day by Alfred Egmont HakeFree Trade In Capital; Or, Free Competition In The Supply Of Capital To Labour, And Its Bearings On The Political And Social Questions Of The Day by Alfred Egmont Hake

Free Trade In Capital; Or, Free Competition In The Supply Of Capital To Labour, And Its Bearings On…

byAlfred Egmont Hake

Paperback | February 9, 2012

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1890 Excerpt: ... CHAPTER XV THE SOCIALISTIC MIRAGE When a State-socialistic measure fails to produce its expected results, the lesson is always lost on our State Socialists, and they remain as numb as ever to the teachings of our Sociologists which supply the reasons why State-socialistic measures must fail. The excuse they usually take refuge in is that the failing measures were not strong enough, not compulsory enough, not comprehensive enough; and they are ever ready to introduce another batch of State-socialistic remedies of a more stringent nature. The legislation for the protection of life at sea may be selected as an example. It is a fair one, because the object it has in view is one with which every Englishman must sympathise. When Mr. Plimsoll, some years ago, allowed his feelings to get the better of him in the House of Commons, he uttered words of righteous indignation which (though he had to apologise for them) secured him so great an amount of public sympathy that he was enabled to carry--at least to a great extent--those measures of State supervision over shipping which he considered favourable to the protection of life at sea. But how far has this object been attained? Only lately, it seems, first one steamer and then another left a British port in conditions which caused Mr. Plimsoll to foretell their loss; and his prophecy was only too truly fulfilled. A greater proof of the ineffectiveness of State supervision of shipping, as far as it has been tried, it is scarcely possible to imagine. The cry now will go up for more stringent measures. A government official must fix the load-line and take other steps to prevent overloading. But when that is done more disappointments are in store for us. Over-legislation always generates subterfuge. For the sake of econom...
Title:Free Trade In Capital; Or, Free Competition In The Supply Of Capital To Labour, And Its Bearings On…Format:PaperbackDimensions:82 pages, 9.69 × 7.44 × 0.17 inPublished:February 9, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0217817734

ISBN - 13:9780217817738

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