On Wages and Combination by Robert TorrensOn Wages and Combination by Robert Torrens

On Wages and Combination

byRobert Torrens

Paperback | February 3, 2012

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1834. Excerpt: ... and actual wages, bestows upon the labouring classes more ample means of comfort and enjoyment, and lifts them to a higher place upon the scale of society. On the other hand, when the labouring classes allow their numbers to bear a high proportion, either to the extent of fertile land, or to the amount of capital applicable to their maintenance, wages will settle down to the extreme minimum, below which animal existence cannot be sustained. Under such circumstances, every fluctuation of the seasons, every stagnation or revulsion in trade, will bring down upon the labouring population all the miseries of want, and degrade them to a state more precarious and wretched than that of negro servitude. There is no tendency in Population to increase faster than Capital, and thus to degrade Wages. "x Were it true, as has been sometimes stated, that population has a tendency to increase more rapidly than capital, all endeavours to improve the condition of the people would be completely idle and abortive. The existence of such a tendency would fix the labouring class in a state, not only of hopeless, but of perpetually increasing misery, and would cause in each succeeding year a greater number Mill. to be cut off by famine, and by the epidemics it engenders. The fact, that the condition of the labouring classes has improved with the progress of wealth and civilization, demonstrates that population has not a tendency to increase faster than capital. Adam Smith has told us, that in the universal opulence of an improving country, the common labourer can command a greater quantity of the necessaries and comforts of life than many an African king, the absolute master of the lives and fortunes of thousands of subject savages. At the present time, a common labourer, in Eng...
Title:On Wages and CombinationFormat:PaperbackDimensions:32 pages, 9.69 × 7.44 × 0.07 inPublished:February 3, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:021773832X

ISBN - 13:9780217738323