egularity
of employment leads to unrest and frequently to great distress. There
is a growing tendency to make laborers partners in the process of
production. This does not mean that they shall take over the direction
of industry, but co-operate with the managers regarding output, quality
of goods, income, and wages, so as to give a solidarity to productive
processes and eliminate waste of time, material, and loss by strikes.
The domestic peace in industry is as important as the world peace of
nations in the economy of the world's progress. A direct interest of
the wage-earner in the management of production and in the general
income would have a tendency to equalize incomes and prevent laborers
from believing that the product of industry as well as its management
should be under their direct control. Public opinion usually favors
the {497} laborer and, while it advocates the freedom and dignity of
labor, does not favor the right of labor to exploit industry nor
concede the right to destroy. But it believes that labor organizations
should be put on the same basis as productive corporations, with equal
degree of rights, privileges, duties, and responsibilities.
_Public and Corporate Industries_.--The independent system of organized
industry so long dominant in America, known by the socialists as
capitalistic production, has become so thoroughly established that
there is no great tendency to communistic production and distribution.
There is, however, a strong tendency to limit the power of exploitation
and to control larger industries in the interest of the public.
Especially is this true in regard to what are known as public
utilities, such as transportation, lighting, telephone, and telegraph
companies, and, in fact, all companies that provide necessaries common
to the public, that must be carried on as monopolies. Public opinion
demands that such corporations, conducting their operations as special
privileges granted by the people, shall be amenable to the public so
far as conduct and income are concerned. They must be public service
companies and not public exploitation companies.
The great productive industries are supposed to conduct their business
on a competitive basis, which will determine price and income. As a
matter of fact, this is done only in a general way, and the incomes are
frequently out of proportion to the power of the consuming public to
purchase. Great industries have the power to deter
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