The Condition of the Working-Class in England in 1844 eBook

This eBook from the Gutenberg Project consists of approximately 405 pages of information about The Condition of the Working-Class in England in 1844.

The Condition of the Working-Class in England in 1844 eBook

This eBook from the Gutenberg Project consists of approximately 405 pages of information about The Condition of the Working-Class in England in 1844.
in search of workmen knows very well that his profits increase as prices rise in consequence of the increased demand for his goods, and pays a trifle higher wages rather than let the whole profit escape him.  He sends the butter to fetch the cheese, and getting the latter, leaves the butter ungrudgingly to the workers.  So one capitalist after another goes in chase of workers, and wages rise; but only as high as the increasing demand permits.  If the capitalist, who willingly sacrificed a part of his extraordinary profit, runs into danger of sacrificing any part of his ordinary average profit, he takes very good care not to pay more than average wages.

From this we can determine the average rate of wages.  Under average circumstances, when neither workers nor capitalists have reason to compete, especially among themselves, when there are just as many workers at hand as can be employed in producing precisely the goods that are demanded, wages stand a little above the minimum.  How far they rise above the minimum will depend upon the average needs and the grade of civilisation of the workers.  If the workers are accustomed to eat meat several times in the week, the capitalists must reconcile themselves to paying wages enough to make this food attainable, not less, because the workers are not competing among themselves and have no occasion to content themselves with less; not more, because the capitalists, in the absence of competition among themselves, have no occasion to attract working-men by extraordinary favours.  This standard of the average needs and the average civilisation of the workers has become very complicated by reason of the complications of English industry, and is different for different sorts of workers, as has been pointed out.  Most industrial occupations demand a certain skill and regularity, and for these qualities which involve a certain grade of civilisation, the rate of wages must be such as to induce the worker to acquire such skill and subject himself to such regularity.  Hence it is that the average wages of industrial workers are higher than those of mere porters, day labourers, etc., higher especially than those of agricultural labourers, a fact to which the additional cost of the necessities of life in cities contributes somewhat.  In other words, the worker is, in law and in fact, the slave of the property-holding class, so effectually a slave that he is sold like a piece of goods, rises and falls in value like a commodity.  If the demand for workers increases, the price of workers rises; if it falls, their price falls.  If it falls so greatly that a number of them become unsaleable, if they are left in stock, they are simply left idle; and as they cannot live upon that, they die of starvation.  For, to speak in the words of the economists, the expense incurred in maintaining them would not be reproduced, would be money thrown away, and to this end no man advances capital; and, so far, Malthus

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The Condition of the Working-Class in England in 1844 from Project Gutenberg. Public domain.