But it is necessary to penetrate still farther into the antinomy.

Machines promised us an increase of wealth; they have kept their word, but at the same time endowing us with an increase of poverty. They promised us liberty; I am going to prove that they have brought us slavery.

I have stated that the determination of value, and with it the tribulations of society, began with the division of industries, without which there could be no exchange, or wealth, or progress.

The period through which we are now passing—that of machinery—is distinguished by a special characteristic,—WAGES.

Wages issued in a direct line from the employment of machinery,—that is, to give my thought the entire generality of expression which it calls for, from the economic fiction by which capital becomes an agent of production. Wages, in short, coming after the division of labor and exchange, is the necessary correlative of the theory of the reduction of costs, in whatever way this reduction may be accomplished. This genealogy is too interesting to be passed by without a few words of explanation.

The first, the simplest, the most powerful of machines is the
WORKSHOP.

Division simply separates the various parts of labor, leaving each to devote himself to the specialty best suited to his tastes: the workshop groups the laborers according to the relation of each part to the whole. It is the most elementary form of the balance of values, undiscoverable though the economists suppose this to be. Now, through the workshop, production is going to increase, and at the same time the deficit.

Somebody discovered that, by dividing production into its various parts and causing each to be executed by a separate workman, he would obtain a multiplication of power, the product of which would be far superior to the amount of labor given by the same number of workmen when labor is not divided.

Grasping the thread of this idea, he said to himself that, by forming a permanent group of laborers assorted with a view to his special purpose, he would produce more steadily, more abundantly, and at less cost. It is not indispensable, however, that the workmen should be gathered into one place: the existence of the workshop does not depend essentially upon such contact. It results from the relation and proportion of the different tasks and from the common thought directing them. In a word, concentration at one point may offer its advantages, which are not to be neglected; but that is not what constitutes the workshop.

This, then, is the proposition which the speculator makes to those whose collaboration he desires: I guarantee you a perpetual market for your products, if you will accept me as purchaser or middle-man. The bargain is so clearly advantageous that the proposition cannot fail of acceptance. The laborer finds in it steady work, a fixed price, and security; the employer, on the other hand, will find a readier sale for his goods, since, producing more advantageously, he can lower the price; in short, his profits will be larger because of the mass of his investments. All, even to the public and the magistrate, will congratulate the employer on having added to the social wealth by his combinations, and will vote him a reward.