Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: June 8, 2025
On the other hand, this division of the work into simple operations leads , to a constantly increasing cheapness; , to production in enormous and constantly increasing quantities a production calculated not only for this or that neighboring market, but for the entire world-market; and , through this and through new divisions which can for this reason be applied to single operations, to still farther advances in the division of labor itself.
Production is no longer for the locality, no longer for the well-known need of neighboring markets, but for the world-market. Production goes on for remote regions and for a general market, for all continents, for an actually unknown and not definitely calculated need; and in order that the product may arouse need a weapon is supplied it cheapness.
In place of this, we find now something more than the beginnings of a national-market and distinct traces of that of a world-market. In the towns the change was even still more marked. Here we have a sudden and hothouse-like development of the influence of money.
The need of a constantly expanding market for its products chases the bourgeoisie over the whole surface of the globe. It must nestle everywhere, settle everywhere, establish connexions everywhere. The bourgeoisie has through its exploitation of the world-market given a cosmopolitan character to production and consumption in every country.
One capitalist always kills many, and in hand with this centralization, or this expropriation of many capitalists by few, develop, on an ever extending scale, the co-operative form of the labor-process, the conscious technical application of science, the methodical cultivation of the soil, the transformation of the instruments of labor into instruments of labor only usable in common, the economizing of all means of production by their use as the means of production of combined, socialized labor, the entanglement of all peoples in the net of the world-market, and with this, the international character of the capitalistic regime.
In the Middle Ages, necessaries and such ordinary comforts as were to be had at all were dirt cheap; while non-necessaries and luxuries, that is, such articles as had to be imported from afar, were for the most part at prohibitive prices. With the opening up of the world-market during the first half of the sixteenth century, this state of things rapidly changed.
When we consider that in this period Adam Smith lived and died, the industrial revolution was effected, and the world-market opened, it is not surprising that we do not find Roman Catholic countries in the van of economic progress, or even the Roman Catholic element in Protestant countries, as a rule, abreast of their fellow-countrymen.
Gold and silver remain in the world-market, as world money, as the universal means of purchase and payment, as the absolute social incorporation of wealth.
The problems of the storekeeper who arranges his windows, however, overlap the problems of the manufacturer who prepares his goods for the world-market, and who must from the start take care that the outer appearance of his goods stimulate the readiness to buy.
National differences and antagonisms between peoples are daily more and more vanishing, owing to the development of the bourgeoisie, to freedom of commerce, to the world-market, to uniformity in the mode of production and in the conditions of life corresponding thereto. The supremacy of the proletariat will cause them to vanish still faster.
Word Of The Day
Others Looking