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In our Library - where Books are free
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Chapter 3 - Progress and
Poverty -
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Capital, again, we are told, does not limit industry, the only limit to industry being the access to natural material. But is not capital essential to get access to this natural material ; or are we able to pick up, wherever and whensoever we require it, the necessary natural material? Mr. George admits that capital may limit the form of industry, and tells us that "without the factory, there could be no factory operatives; without the sewing machine, no machine-sewing; without the plough, no ploughing; and without a great capital engaged in exchange, industry could not take the many special forms which are concerned with exchanges." Yet, spite of this admission, he states that although " capital may limit the form of industry or the productions of industry, it is not true that capital limits industry." He says, "Capital may limit the form of industry |
© Peter Smith 2008