There’s a sort of built-in progressivism to the division of labor that, although it benefits all and almost always will benefit specialists by an absolutely greater amount, provides a greater proportional benefit to those who are relatively unskilled or weak. This notion, writes Susan Hogarth, is so profoundly the opposite of the accepted economic tales of “robber barons” and Dickensian factory owners that it is startling.
The idea of the division of labor isn’t so much about the skilled and the wealthy exploiting the labor of the unskilled and the poor as it is about the benefits of cooperation to everyone. That those who bring better skills or more experience to the cooperation do absolutely better is no surprise, but the fact that those who bring relatively less in the way of skills and experience to the market gain a proportionately greater amount is big and exciting news to a world steeped in the weak tea of socialist labor theory. FULL ARTICLE