To Day A Monthly Gathering Of Bold Thoughts

Author : Ernest Belfort Bax
Publisher : Forgotten Books
ISBN 13 : 9781334077593
Total Pages : 608 pages
Book Rating : 4.0/5 (775 download)

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Download or read book To-Day, Vol. 1 written by Ernest Belfort Bax and published by Forgotten Books. This book was released on 2016-10-27 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from To-Day, Vol. 1: A Monthly Gathering of Bold Thoughts; May September, 1883 If we abstract all accumulation, properly so called, simple repro duction therefore suffices to sooner or later convert all capital advanced into capital accumulated, or into increment of value capitalised. This capital, even though it may have been at the beginning of its employ ment in the productive process acquired by the personal work of the contractor, becomes, after a greater or less period, wealth acquired at no cost - the materialisation of the work of others who have not been paid. Production and the circulation of merchandise cannot by themselves create capital. What is necessary is that the man with money shall find in the market other men who are free but yet forced to voluntarily sell their power of working, for the simple reason that they possess nothing else to sell. The distinction between product and producer, between a category of persons having all that labour requires in order to realise itself and another category owning nought but the power of working - such was at the outset the starting-point of capitalist production. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.