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You herd with the capitalist class in another locality.
There lies your strength and your value--to the capitalist class.
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With a half-sheet of notepaper and a pencil, he had mapped out a road which had made one, at least, of the two surveyors thoughtful, and had largely increased his respect for the English capitalist.
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Modern industry has converted the little workshop of the patriarchal master into the great factory of the industrial capitalist.
The lower strata of the middle class -- the small tradespeople, shopkeepers, retired tradesmen generally, the handicraftsmen and peasants -- all these sink gradually into the proletariat, partly because their diminutive capital does not suffice for the scale on which Modern Industry is carried on, and is swamped in the competition with the large capitalists, partly because their specialized skill is rendered worthless by the new methods of production.
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With the invention of steam and the Industrial Revolution there came into existence the Capitalist Class, in the modern sense of the word.
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It was a very short distance, fortunately, and the amused capitalist picked her up, set her on her feet, and brushed her off.
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Here the sleek capitalist and there the sinewy laborer; here the man of science and here the shoe-back; here the poet and here the water-rate collector; here the cabinet minister and there the ballet-dancer.
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There were hundreds of shrewd capitalists in American cities in 1876, looking with sharp eyes in all directions for business chances; but not one of them came to Bell with an offer to buy his patent.
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Nor did he trouble his borrowers with abstract calculations of figures, or references to ready-reckoners; his simple rule of interest being all comprised in the one golden sentence, 'two-pence for every half-penny,' which greatly simplified the accounts, and which, as a familiar precept, more easily acquired and retained in the memory than any known rule of arithmetic, cannot be too strongly recommended to the notice of capitalists, both large and small, and more especially of money-brokers and bill- discounters.
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Here were all the opportunities of the country, the land, and the buildings upon the land, the railroads, the mines, the factories, and the stores, all in the hands of a few private individuals, called capitalists, for whom the people were obliged to work for wages.
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The only available standard was the market price, and this he rejected as being fixed by competition among capitalists who could only secure profit by obtaining from their workmen more products than they paid them for, and could only tempt customers by offering a share of the unpaid-for part of the products as a reduction in price.
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