"Moreover, there is an unearned increment on capital and on labor, due to the presence, around the capitalist and the laborer, of a great, industrious, and prosperous society"
About this Quote
Sumner’s phrase “unearned increment” is a small rhetorical trap: it sounds like a moral indictment, then turns into a defense of the very system most critics would put on trial. He’s borrowing the language of reformers who attacked rent-seeking and inherited advantage, but he widens the target until it includes everyone. Capital and labor both, he insists, receive a bonus simply for operating inside a dense, orderly, productive society. The point isn’t to shame wealth; it’s to naturalize inequality by reframing profit and wages as partly social dividends rather than purely individual deserts.
The subtext is a warning to would-be redistributors. If prosperity is co-produced by “a great, industrious, and prosperous society,” then no one can claim fully sovereign ownership over outcomes, but also no one can cleanly calculate what is “owed” back. Sumner, a leading voice of Gilded Age laissez-faire, uses sociological insight to argue for political restraint: the economy is an ecosystem, and attempts to correct it risk damaging the conditions that generate the surplus in the first place.
Context matters. Late-19th-century America was wrestling with industrial concentration, labor unrest, and an emerging reform state. Sumner’s move is to concede interdependence without conceding policy. By attributing “increment” to the ambient productivity of society, he implies that stability, norms, and markets already do the redistributive work that reformers demand. It’s an argument that flatters the nation’s self-image as industrious while quietly narrowing the space for moral claims on wealth.
The subtext is a warning to would-be redistributors. If prosperity is co-produced by “a great, industrious, and prosperous society,” then no one can claim fully sovereign ownership over outcomes, but also no one can cleanly calculate what is “owed” back. Sumner, a leading voice of Gilded Age laissez-faire, uses sociological insight to argue for political restraint: the economy is an ecosystem, and attempts to correct it risk damaging the conditions that generate the surplus in the first place.
Context matters. Late-19th-century America was wrestling with industrial concentration, labor unrest, and an emerging reform state. Sumner’s move is to concede interdependence without conceding policy. By attributing “increment” to the ambient productivity of society, he implies that stability, norms, and markets already do the redistributive work that reformers demand. It’s an argument that flatters the nation’s self-image as industrious while quietly narrowing the space for moral claims on wealth.
Quote Details
| Topic | Wealth |
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