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Socialism Made Easy

five years—five times 20 cents equals one dollar—the workers in the industry had created enough profit to buy the whole industry from its present owners. It means that after paying all the expenses of the factory, including their own wages, they created enough profit to buy the whole building, from the roof to the basement, all the offices and agencies, and everything in the shape of capital. All this in five years.

And after they had so bought it from the capitalists it still belonged to the capitalists.

It means that if a capitalist had invested $1,000 in that industry, in the course of five years he would draw out a thousand dollars, and still have a thousand dollars lying there untouched; in the course of ten years, he would draw two thousand dollars, in fifteen years he would draw three thousand dollars. And still his first thousand dollars would be as virgin as ever.

You understand that this has been going on ever since the capitalist system came into being; all the capital in the world has been paid for by the working class over and over again, and we are still creating it, and recreating it. And the oftener we buy it the less it belongs to us.

The capital of the master class is not their property; it is the unpaid labor of the working class—“the hire of the laborer kept back by fraud.” *** Oh, the capitalist has his anxieties, too. And the worker has often a good time.

Sure: Say, where were you for the holidays? ***

Were you tempted to go abroad? Did you visit Europe? Did you riot, in all the abandonment of a wage slave let loose, among the pleasure haunts of the world?