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The Struggle for Bread; An Impartial Discussion of Some of the Wrongs and Rights of Capital and Labor

The Struggle for Bread; An Impartial Discussion of Some of the Wrongs and Rights of Capital and Labor


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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.1889 Excerpt: ... CHAPTER II. THE STRUGGLE FOR WEALTH. Enormous Production Characterizes The Age--Steam Supplants Muscular Energy--Trusts And Monopolies That Rob The Masses--Are The Poor Growing Poorer And The Rich Richer?--Increase Of Wages--Modern Feudalism. Notwithstanding the fact that the production of wealth in the United States is greater than ever before, its distribution is often unjust. This is due to many evils which may be traced to the door of monopoly, which often oppresses not only the laborer but everybody. While the wage worker of 1881 received thirty-one per cent. more than the wage worker of 1860 the increase in his earnings did not keep pace with the increase of production. He did not always get his equitable portion of the profits of industry, if you stop to consider the elements he contributed. In other words, in 1880 the country's production was $43,000,000,000 (billions) as against $16,000,000,000 (billions) in 1860, a growth of 170 per cent. In 1880 our manufactured products alone were $5,300,000,000, a figure showing a much greater increase over the manufactures of 1860 than the 60 per cent, increase in population accounts for. Wealth has outrun population. It has been frequently stated that the kings of Wall Street made $80,000,000 in 1880, and about the same sum in 1885, although that year there were 20,000 idle factories and nearly a million idle employes searching for employment in four great pursuits. See previous chapter for details. It requires but a glance to prove that the substitution of steam-propelled machinery for muscular energy continually increases the amount of production, and that, as Mr. Thorold Sogers has shown in his valuable "Six Centuries of Work and Wages," the cheapening of necessaries, with few exceptions, follows, On page...


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Product Details
  • ISBN-13: 9780217504935
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 32
  • Spine Width: 2 mm
  • Width: 189 mm
  • ISBN-10: 0217504930
  • Publisher Date: 01 Feb 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 77 gr


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