Page:The complete works of Henry George vol. 1.djvu/184

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164
THE LAWS OF DISTRIBUTION.
Book III.

capital, as otherwise these laws would not fit the cases which can readily be imagined, and which to some degree actually exist, in which capital takes no part in produc- tion. And as capital is, as is often said, but stored-up labor, it is but a form of labor, a subdivision of the gen- eral term labor; and its law must be subordinate to, and independently correlate with, the law of wages, so as to fit cases in which the whole produce is divided between labor and capital, without any deduction for rent. To resort to the illustration before used: The division of the produce between land, labor and capital must be as it would be between Tom, Dick, and Harry, if Tom and Dick were the original partners, and Harry came in but as an assistant to and sharer with Dick.