CHAPTER V
Does Capital rob Labour of "Surplus Value"?—Dr. Menger and Mr. Snowden—Back to Crusoe—Surplus Value largely produced by Capital—Shared in by Labour—The Advantages of High Wages.
CHAPTER VI
Great Increase in Population—And Output—Industrial and Scientific Progress—Financial Development—Labour's Share in these Benefits—Capitalism and Peace—Dr. Shadwell on Mediaeval and Modern Conditions.
CHAPTER VII
Socialism Defined—The Position of the Worker—Possible Improvement in Output—Possibilities of Friction—Question of Official Management—War's Experience—The Workers and the Government.
CHAPTER VIII
Mr. Robert Tressall's Description—Its Attractiveness—State Socialism flouted by the Guildsmen—Mr. Brace, M.P., on Bureaucratic Control.
CHAPTER IX
Its Resemblance to Syndicalism—Its Difficulties—Mr. Cole's Exposition—The Position of the State—"Degraded Status" of the Workers—Proposals for its Amendment—Would they work well?—"Catastrophic Action."