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If we merely increased the efficiency of labour without a corresponding stimulation of new wants, we should be simply increasing the mass of labour-power offered for sale, and the price of each portion would fall correspondingly.

He therefore buys the labour-power of those who are bare of capital and can only live by selling it to him; his purpose in this transaction is to increase his capital, to make it breed. It is clear that if he paid those with whom he makes his bargain the full value of their labour, that is to say, all that they produced, he would fail in his purpose.

But note, that they are indeed combined into social groups for the production of wares, but only as yet mechanically; they do not know what they are working at, nor whom they are working for, because they are combining to produce wares of which the profit of a master forms an essential part, instead of goods for their own use: as long as they do this, and compete with each other for leave to do it, they will be, and will feel themselves to be, simply a part of those competing firms I have been speaking of; they will be in fact just a part of the machinery for the production of profit; and so long as this lasts it will be the aim of the masters or profit-makers to decrease the market value of this human part of the machinery; that is to say, since they already hold in their hands the labour of dead men in the form of capital and machinery, it is their interest, or we will say their necessity, to pay as little as they can help for the labour of living men which they have to buy from day to day: and since the workmen they employ have nothing but their labour-power, they are compelled to underbid one another for employment and wages, and so enable the capitalist to play his game.

Instead of selling the products of their capital and labour to merchants or consumers, they were compelled to sell their labour-power to the employer as the only means of earning a livelihood. Again, the social relations between the wealthy employer and his "hands" were quite different from those intimate personal relations which had subsisted between the small master and his assistants.

The workers therefore undersell one another in disposing of their one commodity, labour-power, and are forced to do so, or they would not be allowed to work, and therefore would have to starve or go to the prison called the workhouse. This is why the masters at the present day are able to dispense with the exercise of obvious violence which in bygone times they used towards their slaves.

The formation of individual units of labour-power into Trades Unions, the amalgamation of these Unions on a larger scale and in closer co-operation, are movements analogous to the concentration of small units of capital traced above. It is not necessary to follow in detail the concentrative process which is gradually welding labour into larger units of competition.

We shall have labour-power to spare, and shall, in short, be as wealthy as we please. It will be easy to live. If we were to wake up some morning now, under our present system, and find it "easy to live," that system would force us to set to work at once and make it hard to live; we should call that "developing our resources," or some such fine name.

The possessing class, or masters, allow the men just so much of the wealth produced by their labour as will give them such a livelihood as is considered necessary at the time, and will permit them to breed and rear children to a working age: that is the simple condition of the "bargain" which obtains when the labour-power required is low in quality, what is called unskilled labour, and when the workers are too weak or ignorant to combine so as to threaten the masters with some form of rebellion.

It can only drive it into a smaller compass, where its intenser character may secure for it that close and vigorous public attention which, in spite of recent revelations, has not been yet secured, and compel society to clearly face the problem of a residue of labour-power which is rotting in the miserable and degraded bodies of its owners, because all the material on which it might be productively employed is otherwise engaged.

So far as a man's labour-power consists in the mere knowledge how to tend a particular piece of machinery he may appear to be more "enslaved" with each specialization of machinery; but so far as his labour-power consists in the practice of discretion and intelligence, these are qualities which render him more free.