Publisher's Synopsis
Excerpt from The Nineteenth Century and After, XIX-XX, Vol. 51: A Monthly Review; January-June 1902
Frankenstein whom he had helped to create. The acceptance of his scheme had falsified his anticipations. Trades unions, he complained, pursued an impracticable end by mischievous means. They could not raise the rate of wages, but they could establish little monopolies, hinder the introduction of new machinery, hamper the development of industry, terrorise the energetic workman and prevent him from obtaining any advantage by superior efficiency. I do not ask whether the economist was right; political economy, I am told, has been abolished by Act of Parliament, and its prophets scarcely speak with their old confidence, though they are, I fancy, inclined to admit that there was something in the old argument. 'i only ask what is the application of the principle of liberty To forbid association would, if practicable, be tyrannical; to permit it is to permit the growth of bodies which, if their ends be good, have certainly pursued them by tyrannical methods, and of which, at any rate, it is the very essence that they limit individual liberty by social though not by legal pressure.
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