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WilV are the Americans foremost in the world, not only in the output of fond and raw products, but. also in that of manufactured goods? The reason is obvious to all who are acquainted with economic conditions on both sides of tin- Atlantic, according to the dictum of an F.nglish paper. Kugbinil. which used to he the stronghold of individualism and of efficiency, has become a stronghold ol Socialism. Owing to Socialist influence ea’ canny has Ixx-ome universal. '1 lie suicidal policy of restricting output has led to hostility to labour-saving inaihinery. The result is that the average America n produces as much as three T.ngiish workers. Goodt* produced must be consumed. They are consumed and enjoyed chiefly 1 y the working masses. Pioduction being three times as great ill the I'uited States as over here, workers receive not merely three times as much money but receives three times as much real wages in the form of goods which they can buy. Hence the American workers aie infinitely better fed, clothed, and housed than the British workers. The American worker recognises that prospurity consists in an ahundanco of useful goods and nothing else, and that such abundance cannot he created by insisting on high wages in respect of an utterly insufficient output. lie recognises that capital and the labour-saving machine are his friends, not his enemies. Hence, concludes the ciitie. the American worker can afford a motor-car and other things which in this paradise of trade unionism. of Socialism. ami of ca’ canny are the privilege of Hie ri-h and of the well-to-do.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HOG19240812.2.16

Bibliographic details
Ngā taipitopito pukapuka

Hokitika Guardian, 12 August 1924, Page 2

Word count
Tapeke kupu
263

Untitled Hokitika Guardian, 12 August 1924, Page 2

Untitled Hokitika Guardian, 12 August 1924, Page 2

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