Industrial Socialism

Cover Industrial Socialism
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Wages are cut to $400 a year. That means $1, 500 more in profits. At the present time this is just what is taking place everywhere in America. The percentage and amount of profits is getting to be greater and greater and greater, and, on the average, wages are getting to be less and less and less.
Profits do not go up because the capitalists do more. The manager's brains are under the workman's cap. In fact, as industry develops, the capitalist does less and less useful work. Profits go up beca
...use the capitalists own and control the industries.
Wages do not go down because the workers produce less. They are producing ever more and more. Wages go down and ever down, because the capitalist can buy the workers at ever cheaper and cheaper prices in the 28 INDUSTRIAL SOCIALISM market. Wages are going down because machines are taking the place of workers; because women and chil- dren are leaving the home and working in the factories and offices; because the workers can no longer work for themselves but are chained in their master's service.


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