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Distributive Justice The Right and Wrong of Our Present Distribution of Wealth
The Project Gutenberg eBook, Distributive Justice, by John A. (John Augustine) Ryan
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Title: Distributive Justice
The Right and Wrong of Our Present Distribution of Wealth
Author: John A. (John Augustine) Ryan
Release Date: May 21, 2013 [eBook #42759]
Language: English
Character set encoding: ISO-8859-1
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DISTRIBUTIVE JUSTICE
THE MACMILLAN COMPANY
NEW YORK · BOSTON · CHICAGO · DALLAS
ATLANTA · SAN FRANCISCO
MACMILLAN & CO., Limited
LONDON · BOMBAY · CALCUTTA
MELBOURNE
THE MACMILLAN CO. OF CANADA, Ltd.
TORONTO
DISTRIBUTIVE JUSTICE
The Right and Wrong of Our
Present Distribution of Wealth
BY
JOHN A. RYAN, D.D.
Associate Professor of Political Science at the
Catholic University of America; Professor of
Economics at Trinity College; Author of
"A Living Wage," "Alleged Socialism of the
Church Fathers," Joint Author with Morris
Hillquit of "Socialism: Promise or Menace?"
New York
THE MACMILLAN COMPANY
1916
All rights reserved
Nihil Obstat.
REMIGIUS LAFORT, S. T. D.,
Censor.
Imprimatur.
JOHN CARDINAL FARLEY,
Archbishop of New York.
Copyright, 1916,
By THE MACMILLAN COMPANY
Set up and electrotyped. Published November, 1916.
TO
ARCHBISHOP IRELAND
in
Admiration and Gratitude
PREFACE
Five of the nine members of the late Federal Commission on Industrial Relations united in the declaration that the first cause of industrial unrest is, "unjust distribution of wealth and income." In all probability this judgment is shared by the majority of the American people. Regarding the precise nature and extent of the injustice, however, there is no such preponderance of opinion. Even the makers of ethical and economic treatises fail to give us anything like uniform or definite pronouncements concerning the moral defects of the present distribution. While the Socialists and the Single Taxers are sufficiently positive in their statements, they form only a small portion of the total population, and include only an insignificant fraction of the recognised authorities on either ethics or economics.
The volume in hand represents an attempt to discuss systematically and comprehensively the justice of the processes by which the product of industry is distributed. Inasmuch as the product is actually apportioned among landowners, capitalists, business men, and labourers, the moral aspects of the distribution are studied with reference to these four classes. While their rights and obligations form the main subject of the book, the effort is also made to propose reforms that would remove the principal defects of the present system and bring about a larger measure of justice.
Many treatises have been written concerning the morality of one or other element or section of the distributive process; for example, wages, interest, monopoly, the land question; but, so far as the author knows, no attempt has hitherto been made to discuss the moral aspects of the entire process in all its parts. At least, no such task has been undertaken by any one who believes that the existing economic system is not inherently unjust. That the present essay in this field falls far short of adequate achievement the author fully realises, but he is sustained by the hope that it will provoke discussion, and move some more competent person to till the same field in a more thorough and fruitful way.
John A. Ryan.
The Catholic University of America,
Washington, D. C., June 14, 1916.
CONTENTS
Preface | vii | |
Introductory Chapter: The Elements and Scope of the Problem | xiii | |
General References | xvii | |
SECTION I THE MORALITY OF PRIVATE LANDOWNERSHIP AND RENT |
||
CHAPTER | PAGE | |
I | The Landowner's Share of the National Product | 3 |
Economic Rent Always Goes to the Landowner | 4 | |
Economic Rent and Commercial Rent | 5 | |
The Cause of Economic Rent | 6 | |
II |