Page:Karl Marx - Wage Labor and Capital - tr. Harriet E. Lothrop (1902).djvu/66

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WAGE-LABOR AND CAPITAL

it diminishes with the growth of capital, that therefore the small capitalist can no longer live on his interest, but must consequently throw himself upon industry by joining the ranks of the small manufacturers and thereby increasing the number of candidates for the proletariat—all this requires no further elucidation.

Finally, in the same measure in which the capitalists are compelled, by the movement described above, to exploit the already existing gigantic means of production on an ever-increasing scale, and for this purpose to set in motion all the mainsprings of credit, in the same measure do they increase the industrial earthquakes, in the midst of which the commercial world can preserve itself only by sacrificing a portion of its wealth, its products, and even its forces of production, to the gods of the lower world—in short, the crises increase. They become more frequent and more violent, if for no other reason, then for this alone, that in the same measure in which the mass of products grows, and therefore the needs for extensive markets, in the same measure does the world market shrink evermore, and ever fewer markets remain to be exploited, since every previous crisis has subjected to the commerce of the world a hitherto unconquered or but superficially exploited market. But capital not alone lives upon labor. Like a master, at once distinguished and barbarous, it drags with it into its grave the corpses of its slaves, whole hecatombs of workers, who perish in the crises. We thus see that if capital grows rapidly, competition among the workers grows with even greater rapidity, i.e., the means of employment and subsistence for the working class decrease in proportion even more rapidly; but this notwithstanding, the rapid growth of capital is the most favorable condition for wage-labor.