On the other hand, in case such
opportunities of making money without earning it can be eliminated,
there will be a much closer correspondence than there is at present
between the excellence of the work and the reward it would bring. Such a
correspondence would, of course, be far from exact. In all petty kinds
of business innumerable opportunities would still exist of earning more
money either by disregarding the quality of the work or sometimes by
actually lowering it. But at any rate it would be work which would earn
money, and not speculation or assiduous repose in an easy chair.
In the same way, just in so far as industry became organized under
national control for the public benefit, there would be a much closer
correspondence between the quality of the work and the amount of the
reward. In a well-managed corporation a man is promoted because he does
good work, and has shown himself capable of assuming larger
responsibilities and exercising more power. His promotion brings with it
a larger salary, and the chance of obtaining a larger salary doubtless
has much to do with the excellence of the work; but at all events a man
is not rewarded for doing bad work or for doing no work at all.
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