on the prosperity of the farmer and craftsman; his interest does not He in dispossessing them entirely. Whole classes are not driven into poverty. Therefore poverty is regarded as a visitation of Providence, or as the result of shiftlessness or carelessness.
This way of looking at things is still common among the small capitalist class, and representatives of the present system, editors, lecturers, etc., strive to maintain popular faith in it. Private property in the means of production was once necessary to the good of society; there was a time when the average man had a chance to own property. This condition of affairs, they would have us believe, still exists. But in reality the nature of private property has changed. The old conditions have passed away absolutely. How this came about we are now to see.
3. The Capitalist Method of Production.
In the course of the Middle Ages the handicrafts developed steadily. There was a great increase in the division of labor—e. g., weaving divided into woolen weaving, linen weaving, etc. There was also increase in skill and improvement in tools. Simultaneouly there came about a development of trade, especially as a result of improved means of transportation by water.
Four hundred years ago the handicrafts were at their height. This was an eventful time in the history of commerce. The waterway to India came into use and America was discovered, with its endless supplies of gold and silver. A flood of wealth inundated Europe, wealth
