CHAPTER XV
SOME EFFECTS OF MODERN INDUSTRY UPON I'HE WORKERS
AS CONSUMERS.
SI. How far the different Working Classes gain from the
Fall of Prices.
S 2. Fart of the Economy of Machine-production compensated
by the growing Work of Distribution.
S 3. Zhe Lowest Class of Workers gains least from Machine-
production.
§ 1. In considering the effect of machine-production upon
a body of workers engaged in some particular industry we
are not confined to tracing the effects of improvements in
the arts and methods of that single branch of production.
As consumers they share in the improvements introduced
into other industries reflected in a fall of retail prices.
Insomuch as all English workers consume bread they are
benefited by the establishment of a new American railway
or the invention of new milling machinery which lowers the
price of bread; as all consume boots the advantage which
the introduction of boot-making machinery confers upon
the workers is not confined to the higher wages which may
be paid to some operatives in the boot factory, but is
extended to all the workers who can buy cheaper boots.
How far do methods of modern capitalist production
tend to benefit the labourer in his capacity as consumer ?
Economic theory is in tolerably close accord with experi-
ence in the answer it gives to this question. Each portion
of the working classes gains in its capacity of consumer
from improved methods ef production in proportion to the
amount by which its income exceeds the bare subsistence
wage of unskilled workers. The highly-paid mechanic gains
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