A B C of modern socialism
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What is the moral objection?
The moral and philosophical objection to the wage system is that it makes of one class of men merely a means to the ends of another class.
What are the economic objections?
The wage system limits useful production by limiting the purchasing power of the proletariat; it wastes production by competition, necessitating advertising, salesmen, duplications, etc., and by stimulating the production of foolish luxuries; it coarsens production by creating an extensive cheap and nasty market.
What are the social objections to the wage system?
The wage system debases the major part of society by mean poverty, overwork and insecurity ; and corrupts the minority by luxury, idleness and brutality. It directs production to profit instead of utility and beauty.
What are the practical objections?
The main practical objection to the wage system is that it cannot last.
How and by what means can the wage system be abolished ?
The wage system can be abolished by one of two means, a worse and a better.
What is the worse means of abolishing the wage system?
The worse means is by the re-institution in an improved form of chattel-slavery under the direction of capitalists.
By what means could this be made possible?
The restoration of chattel-slavery may be made