An Exposure of Profiteering And the Capitalist System

Cover An Exposure of Profiteering And the Capitalist System
An Exposure of Profiteering And the Capitalist System
Thomas Boydell
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" —Abraham TAncoln.
15 CHAPTEK Vn.
LABOUR.
liabour (vvhicii is tlu; [(nindHtion ot all value) in tliii skill of tliu iiiiiid aiyd the strength of the l)()dy ajjplied in service.
Too frequently it is interpreted to mean only the manual worker.
Included in its category must come the professions, managers, inventors, supervisors^ civil servants and every pei-won whether rich or poor who renders a useful s(x;ial service.
The capitaliist in so far as the application of his ability and energy is conc
...erned must also he included in the ranks of Labour.
This labour power of the Capitalist must on no account be confused with the power by which the oivnership of land, nia^. 'hinery or other capital enables him to exact rent, int-erest and profit from the labours of others.
For the labour service he renders he is entitled, along with otlu-r workers, to be rewarded on his merits.
CHAPTEE VllI CAPITAL.
Capital is that portion of wealth utiliised to produce more wealth. 11 is the product of labour and Labour's auxiliary factor for further production.


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