The Trust Question Answered And American Panics Two Lectures
The Trust Question Answered And American Panics Two Lectures
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In our eReader you can find the full English version of the book. Read The Trust Question Answered And American Panics Two Lectures Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Trust Question Answered And American Panics Two Lectures
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To quickly assess the difficulty of the text, read a short excerpt:
The capitalists retain the balance of the workers* product in shape of profit, rent and interest.
The Capitalistic Class use what they need, of the surplus the workers made, but still have a large amount left that they must invest.
SO, THEY EMPLOY THOSE THAT HAVE BEEN DISPLACED BY LABOR-SAVING MACHINERY, PAY THEM OUT OF THE SURPLUS TURNED OUT BY THEIR MACHINE-WORKING EMPLOYEES AND SET THEM MAKING MORE MACHINERY TO DISPLACE MORE OF THE SELF-EMPLOYING HAND TOOL WORKERS OF AMERICA.
This process ha...s been going on, since the beginning of the last century, at a rapid rate. It has taken about one hundred years to transform America from a nation of independent self-employing individual workers into a nation of wage slaves, owning no means of wealth production and dependent upon the Capitalist Class 31 for the chance to work. They now work together in large industrial establishments in which the work is subdivided till one man does but a small part of the work on the finished product.
They collectively produce about thirteen times as much per capita as the workers of the year 1800 did with their more primitive methods.
What to read after The Trust Question Answered And American Panics Two Lectures?
You can find similar books in the "Read Also" column, or choose other free books by Howard H Caldwell to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The capitalists retain the balance of the workers* product in shape of profit, rent and interest.
The Capitalistic Class use what they need, of the surplus the workers made, but still have a large amount left that they must invest.
SO, THEY EMPLOY THOSE THAT HAVE BEEN DISPLACED BY LABOR-SAVING MACHINERY, PAY THEM OUT OF THE SURPLUS TURNED OUT BY THEIR MACHINE-WORKING EMPLOYEES AND SET THEM MAKING MORE MACHINERY TO DISPLACE MORE OF THE SELF-EMPLOYING HAND TOOL WORKERS OF AMERICA.
This process ha...s been going on, since the beginning of the last century, at a rapid rate. It has taken about one hundred years to transform America from a nation of independent self-employing individual workers into a nation of wage slaves, owning no means of wealth production and dependent upon the Capitalist Class 31 for the chance to work. They now work together in large industrial establishments in which the work is subdivided till one man does but a small part of the work on the finished product.
They collectively produce about thirteen times as much per capita as the workers of the year 1800 did with their more primitive methods.
What to read after The Trust Question Answered And American Panics Two Lectures?
You can find similar books in the "Read Also" column, or choose other free books by Howard H Caldwell to read onlineMoreLess
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