Operative Ownership a System of Industrial Production Based Upon Social Justic
Operative Ownership a System of Industrial Production Based Upon Social Justic
James J Finn
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The landlord must either sell the land or hold it, taking the chance, in the latter event, of compulsory sale on less favorable terms at some future time. If we assume that the capitalists who might prefer expro- priation would represent the aggregate amount of capital above stated, it would make a per capita liability of only $10. 00 for the total population of the United States. The total amount of capital employed in the United States in its three leading branches of industry, manufacturing,... min- ing and railway transportation, according to estimates based upon census reports for 166 OPERATIVE OWNERSHIP the year 1910 and other official sources, was approximately $40, 000, 000, 000. If from this total we deduct one-fourth, as covering the capital invested in enterprises which, for various reasons, such as smallness of estab- lishments, unsatisfactory financial condi- tion, or the satisfactory nature of the re- lations already existing between capital and labor in such establishments, would not come within the operation of the plan pro- posed, there would remain a total of $30, 000, 000, 000, employed in establishments the operatives in which might be desirous of coming, and eligible to come, under the operation of the plan proposed.
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