http://dx.doi.org/10.14288/1.0318949
data provider: CONTENTdm
issued: 2016-07-19
issued: 1920-07-01
aggregated CHO: https://open.library.ubc.ca/collections/wclarion/items/1.0318949/source.json
format: application/pdf
note: f-m W1. EVENTS Official Organ of THE SOCIALIST PARTY OF CANADA raiLbtoMT s«HSsps*«*ssissss>js»assssaisajiss^ .'«: ■•'",:*■'. ;# aft 4 lumber 322. Twice a Month VANCOUVER, B.C., JULY lit, 1920. The Breeding Ground Compromise ?«*«* •HE study of economies baa always been decried m u the "dismal science,'* and it is very strange ■hat capitalist thinkers should have encouraged this lf,rtJ< tilar notion regarding the "science of wealth." Ine would think such a science was particularly in- rrcsting. and as a matter of fact Marx did make interesting, especially for the working class. In kyu we could modestly refer the wiseacres of the huuulian Manufacturers' Association to this much baiigned economist for fnfonnation as to their [rowing desire for Foreign Trade, and the relation bears to their rate of profit as outlined in chapter iv. of Volume iii. "Capital" However, we are tat so interested in their education as in that of the rorkers. We will, therefore, preface this article with a flotation from Karl Marx's third volume of "Csp- tal" for consideration of the reader, and those auf- Setartry interested may refer te the analysis thai recedes the conclusions arrived at by Marx. "On tbe other hand, every particular sphere of capital, and Ytry individual capitalist hat the same interest in the pro- (fortuity of tbe social labor employed by the total capital or two things depend on tbis productivity. In the first place be ma** of use values by which the average profit is expressed; am! this is doubly important, where this average profit serves as a fund for the accumulation of new capital, nd a< a fund for revenue to be spent iu enjoyment. In the pecood place, the amount of the total capital invested (constant and variable), which, with a given amount of surplus »!uf. or profit for the whole capitalist class, determines the ktc m profit or the profit on a certain percentage of capital. Tie special productivity of labor in any particular sphere, or '•"• any individual business …

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