The Climax

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What is for the interest of one is for the interest of the other. This is proved by the fact that, without any exception, in every country interest and wages have always risen and fallen together.
19 Capital is accumulated labor. A machine that assists in producing wealth is as much a laborer as the man that feeds the machine. If wages are low and profits are high in any industry, other capital will step in and employ more labor, and competition for labor will force wages up to their real value
.... It is an axiom that under-pro- duction must cause poverty, and that there can- not be over-production until the wants of all are supplied.
If the time ever comes when there is more wealth produced than any one wants, it will be very easy to remedy the evil by destroying the surplus. If any one claims that an enormous production of the necessaries of life can cause want among men, he must admit that they have less intelligence than pigs. If pigs should have more food than they could consume, it might cause dyspepsia, but no pig would be stupid enough to die of starvation.


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