The book Selected Articles On Problems of Labor was written by author Daniel Bloomfield Here you can read free online of Selected Articles On Problems of Labor book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Selected Articles On Problems of Labor a good or bad book?
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Capitalism probably has the connotation in the minds of those who thus express themselves that it is responsible for the separa- tion of mankind into employers and employees, into masters and servants. Why is it that in the world of industry some men arc employers and some are employed? To some of those who have lately come from nations having privileged classes, where Digitized by Google PROBLEMS OF LABOR 205 many are born to wealth without effort of their own, it may seem that all capital is ...unjustly owned by its possessors. But apart from inheritance, gifts by privilege, and robbery, the enormous mass of modern industrial capital has come into existence by a personal process of saving, by abstention from personal consumption in order to get it for productive uses. The original of capital has both a psychic and a physical element. Given a strong desire to save, the amount of capital accumuljited will vary with the margin from which savings can be made; or, given the margin, large or small, the amount saved will vary with the ability to realize the futiire.
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