Summary

Portrait of W. H. Mallock W. H. Mallock A Critical Examination of Socialism

But to this objection Marx is ready with the following answer—that the machinery itself is nothing but past labour in disguise. It is past labour crystallised, or embodied in an external form, and used by present labour to assist itself in its own operations. Every wheel, crank, and connecting-rod, every rivet in every boiler, owes its shape and its place to labour, and labour only. Labour, therefore—the labour of the average multitude—remains the sole agent in the production of wealth, after all.
Source: Gutenberg

Portrait of W. H. Mallock W. H. Mallock A Critical Examination of Socialism

Society has become divided into two contrasted groups—an enormous group, and a small one. The enormous group—the great body of every nation—the people—the labouring mass—the one true producing power—has been left without any implements by means of which its labour can exert itself, and these implements have been monopolised by the small group alone. The people at large, in fact, have become like the employés of a single mill-owner, who have no choice but to work within the walls of that mill or starve
Source: Gutenberg

Portrait of W. H. Mallock W. H. Mallock A Critical Examination of Socialism

But such simple divisions of labour as those which are here in question fail, for a reason which will be specified in another moment, to carry us far in the history of industrial progress. They do but bring us to the starting-point of production as it exists to-day. The efficiency of productive effort has made all its most astounding advances since the precise time at which the Wealth of Nations was written; and these advances we shall find that it is quite impossible to explain merely by a further division of average and equal labour.
Source: Gutenberg

Get perspective with Kwize: daily news enlightened by great literature