CHAPTER VII.[ToC]
MACHINERY AND INDUSTRIAL DEPRESSION.
§ 1. The external phenomena of Trade Depression.
§ 2. Correctly described as Under-production and Over-production.
§ 3. Testimony to a general excess of Productive Power over the requirement for Consumption.
§ 4. The connection of modern Machine-production and Depression shown by statistics of price.
§ 5. Changing forms in which Over-supply of Capital is embodied.
§ 6. Summary of economic relation of Machinery to Depression.