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Chapter 7 - Socialism -
From Poverty by James Platt

P139 Socialism.

last forty years by 130 per cent. In proportion to the increase of the population, as a whole, the class with incomes between £150 and £300 have increased during the past thirty years by 148 per cent., the class with incomes between £300 and £600 by 130 per cent., the class with incomes between 9600 and £1,000 by 77 per cent., and the class with incomes above £1,000 by 76 per cent. But this is not all. We find further, if we except the handful of men-not more than 987 in all-whose incomes are above £10,000,
 
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and who have grown richer individually as well as more numerous, that, whilst the middle class have been growing richer individually likewise, the bulk of the rich have been growing individually poorer. Thus the average income in the lowest grade of the middle class was £164 in 1851, and is £171 now; whilst the average income -amongst all the rich, except the very rich, was in 1851 £2,103, and it is now not more than £2,06 " (The Quarterly Review, January, 1884.) Unless Mr. George, Mr. Hyndman, Mr. Chamberlain, and others, who are agitating for a social revolution because the "rich are getting richer and the poor poorer," can disprove the above statement, we are justified in stating their argument is based upon a false premise, and that the conditions of the various grades of society are the opposite of what they assert.

As regards their condemnation of the "land grabbers," that rapacious class who appropriate the savings of the poor, and the benefit of machinery, &c., what reply have they to the fact that the gross income of the United Kingdom, assessed under Schedule A, for land in 1851 was £47,800,000? The gross income of the owners, in England and Scotland, of under fifty acres is at the present moment more than £51,000,000. The gross rental of the country has been continually increasing; but this increase is the increase of the urban rental of the kingdom the agricultural rental has for a considerable period been falling; and we are justified in assuming that, with many unimportant deductions, the increased rental is an increase of the incomes of the middle class, and not of the aristocracy, as Socialist agitators assert.

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Sociology

Poverty - by James Platt

© Peter Smith 2008