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Updated: May 4, 2025
I pointed out that by means of the system "Assistance par le Travail" the return could be increased fifteenfold. One million would produce fifteen millions; and one thousand millions, fifteen thousand millions. This may be the case on a small scale; is it so on a large one? Capital surely yields a return diminishing in inverse ratio to its own growth.
Yet here it was estimated that agricultural machinery, as most perfectly developed in America, had multiplied some fifteenfold the product of the individual worker.
Thanks to the profit system, inventions which multiplied the productive power of the farmer fifteenfold made a bankrupt of him, and so long as the profit system was retained there was no help for him." "Were farmers the only class of small capitalists who were injured rather than helped by labor-saving machinery?"
That is to say, the receiver of a benefaction in which there is nothing humiliating has increased it fifteenfold! That is to say, fifteen thousand millions for one thousand millions! The institution certainly loses 10 centimes. But the Jewish Company will not lose one thousand millions; it will draw enormous profits from this expenditure. There is a moral side also.
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