Our pamphleteer overlooks two things:
The greater the social wealth, the functioning capital, the
extent and energy of its growth, and, therefore, also the absolute mass of the
proletariat and the productiveness of its labour, the greater is the industrial
reserve army. The same causes which develop the expansive power of capital,
develop also the labour power at its disposal.
This is the absolute general law of capitalist
accumulation:
As a result of the introduction of machinery, a mass of
workers is constantly being thrown out of employment, a section of the
population is thus made redundant; the surplus product therefore finds fresh
labour for which it can be exchanged without any increase in population and
without any need to extend the absolute working-time.
Any questions?
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