HG Wells - The Open Conspiracy (1928)

The economists, however, will attend seriously only to the current set; the rest they ignore; and the Marxists, with their uncontrollable disposition to use nicknames in the place of judgments, condemn all others as “Utopian” - a word as final in its dismissal from the minds of the elect as that other pet counter in the Communist substitute for thought, “Bourgeois.” If they can persuade themselves that an idea or a statement is “Utopian” or “Bourgeois,” it does not seem to matter in the least to them whether it is right or wrong. It is disposed of. Just as in genteeler circles anything is disposed of that can be labelled “atheistical”, “subversive” or “disloyal.”

If a century and a half ago the world had submitted its problems of transport to the economists, they would have put aside, with as little wasted breath and ink as possible, all talk about railways, motorcars, steamships, and aeroplanes, and, with a fine sense of extravagance rebuked, set themselves to long neuralgic dissertations, disputations, and treatises upon highroads and the methods of connecting them, turnpike gates, canals, influence of lock fees on bargemen, tidal landing places, anchorages, surplus carrying capacity, carriers, caravans, handbarrows, and the pedestrianariat. There would have been a rapid and easy differentiation in feeling and requirements between the horse-owning minority and the walking majority; the wrongs of the latter would have tortured the mind of every philosopher who could not ride, and been minimized by every philosopher who could; and there would have been a broad rift between the narrow-footpath school, the no-footpath school, and the school which would look forward to a time when every horse would have to be led along one universal footpath under the dictatorship of the pedestrianariat. All with the profoundest gravity and dignity. These things, footpaths and roads and canals with their traffic, were “real,” and “Utopian” projects for getting along at thirty or forty miles an hour or more uphill and against wind and tide, let alone the still more incredible suggestion of air transport, would have been smiled and sneered out of court.

Life went about on its with a certain assistance from wheels, or floated, rowed and was blown about on water; so it had been - and so it would always be.

The psychology of economic co-operation is still only dawning, and so the economists and the doctrinaire socialists have had the freest range for pedantry and authoritative pomp. For a hundred years they have argued and argued about “rent,” about “surplus value,” and so on, and have produced a literature ten thousand times as bulky, dreary, and foolish as the worst outpourings of the mediaeval schoolmen.

But as soon as this time-honoured preoccupation with the allotment of the shares of originators, organizers, workers, owners of material, credit dealers, and tax collectors in the total product, ceases to be dealt with as the primary question in economics; as soon as we liberate our minds from a preoccupation which from the outset necessarily makes that science a squabble rather than a science, and begin our attack upon the subject with a survey of the machinery and other productive material required in order that the staple needs of mankind should be satisfied, if we go on from that to consider the way in which all this material and machinery can be worked and the product distributed with the least labour and the greatest possible satisfaction, we shift our treatment of economic questions towards standards by which all current methods of exploitation, employment, and finance can be judged rather than wrangled over. We can dismiss the question of the claims of this sort of participant or that, for later and subordinate consideration, and view each variety of human assistance in the general effort entirely from the standpoint of what makes that assistance least onerous and most effective.

The germs of such really scientific economics exist already in the study of industrial organization and industrial psychology. As the science of industrial psychology in particular develops, we shall find all this discussion of ownership, profit, wages, finance, and accumulation, which has been treated hitherto as the primary issues of economics, falling into 25