The history of the Industrial Revolution—how feudalism’s serfs became capitalism’s propertyless proletarians—does not make for pleasant reading. It was not, however, the unrelieved tragedy of Marxist propaganda. On the contrary. This Labor Day, I reproduce the 21st chapter of my Christ, Capital & Liberty: A Polemic (2022), which, with the help of Nobel Laureate Friedrich von Hayek, highlights that story’s pro-life dimension. (“Mr. Ferrara” refers to Christopher Ferrara, the Catholic Distributist author of my book’s foil, The Church and the Libertarian.)
That chapter’s title came to me out of the blue when I wrote its ancestor post for my now-defunct blog, anarcho-capitalist.com, perhaps in 2011. Remembering as a kid enjoying Trini Lopez’s hit in 1963, I thought it an ironically fitting title: serfs did lose the economic utility of their hammers and other tools, and were left with only their labor to sell using machines they no more owned than they owned the commodities that issued from them. But, I argue, they gained so much more.

The opportunities now open to them, not the least of which was seeing more of their children grow up to give them grandkids, mean nothing to Communists, excuse me, Progressives who sang “If I Had a Hammer” around the campfire, at rallies, and on the concert stage. Like “Imagine,” John Lennon’s ode to godless communism, “If I Had a Hammer” was an innocent-sounding, mesmerizing, aspirational hymn to their collectivist designs, starting with its Red composer, Pete Seeger in 1949, and continuing with Peter, Paul and Mary in 1962. With Lopez, the ballad reached No. 3—and my ears. For the rest of the tune’s discography, see the Wikipedia entry.
If I Had a Hammer: Hayek on Tool Ownership
Now, about the “propertyless paupers” of Mr. Ferrara’s solicitude, Hayek wrote in his own contribution to the previously cited volume:
Discussions of the effects of the rise of modern industry on the working classes refer almost always to the conditions in England in the first half of the nineteenth century; yet the great change to which they refer had commenced much earlier and by then had quite a long history and had spread far beyond England. The freedom of economic activity which in England had provide so favorable to the rapid growth of wealth was probably in the first instance an almost accidental by-product of the limitations which the revolution of the seventeenth century had placed on the powers of government; and only after its beneficial effects had come to be widely noticed did the economists later undertake to explain the connection and to argue for the removal of the remaining barriers to commercial freedom.[1]
Self-interested lords may have intended only to assert their own interests against the monarch, but they unleashed a wave of “beneficial effects” that many beyond them enjoyed. The prescient among them, including some economists, thought it would be good to “roll out” the idea of limited government even further. But Mr. Ferrara’s emphasis on tool-ownership—“the few . . . in possession of the means of production”—is a Distributist “tell” that merits a comment.
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