Page:Karl Marx - Wage Labor and Capital - tr. Harriet E. Lothrop (1902).djvu/57

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CAPITAL VERSUS WAGE-LABOR
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ing. We must therefore examine more closely into the following question:—

In what manner, does the growth of productive capital affect wages?

If, as a whole, the productive capital of bourgeois society grows, there takes place a more many-sided accumulation of labor. The individual capitals increase in number and in magnitude. The multiplication of individual capitals increases the competition among capitalists. The increasing magnitude of individual capitals provides the means for leading more powerful armies of workers with more gigantic instruments of war upon the industrial battlefield.

The one capitalist can drive the other from the field and carry off his capital only by selling more cheaply. In order to sell more cheaply without ruining himself, he must produce more cheaply, i.e., increase the productive force of labor as much as possible. But the productive force of labor is increased above all by a greater division of labor and by a more general introduction and constant improvement of machinery. The larger the army of workers among whom the labor is subdivided, the more gigantic the scale upon which machinery is introduced, the more in proportion does the cost of production decrease, the more fruitful is the labor. And so there arises among the capitalists a universal rivalry for the increase of the division of labor and of machinery and for their exploitation upon the greatest possible scale. If, now, by a greater division of labor, by the application and improvement of new machines, by a more advantageous exploitation of the forces of nature on a larger scale, a capitalist has found the means of producing with the same amount of labor (whether it be direct or accumulated labor) a larger amount of products, of commodities,