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will forestall such denial. In the first place, the conflict between labor and capital is over the division of the join product. Capital and labor apply themselves to raw material and make it into a finished product. The difference between the value of the raw material and the value of the finished product is the value they have added to it by their joint effort. This added value is, therefore, their joint product, and it is over the division of this joint product that the struggle between labor and capital takes place. Labor takes its share in wages; capital takes its share in profits. It is patent, if capital took in profits the whole joint product, that labor would perish. And it is equally patent, if labor took in wages the whole joint product,