0

ON PROFITS.

Should it be objected to the doctrine of profits
 and the value of labour rising at the same
time, that as the commodity produced is the
only source whence the capitalist and the labourer
 can obtain their remuneration, it necessarily
 follows that what one gains the other
loses, the reply is obvious. So long as the
product continues the same, this is undeniably
true ; but it is equally undeniable, that if the
product be doubled the portion of both may be
increased, although the proportion of one is
lessened and that of the other augmented.
Now it is an increase in the portion of the product
 assigned to the labourer which constitutes
arise in the value of his labour ; but it is an increase
 in the proportion assigned to the capitalist
 which constitutes a rise in his profits;
whence it clearly follows, that there is nothing
inconsistent in the supposition of a simultaneous
 rise in both*

See Note C.