CONTENTS 



PAGE 



The staff of the unsuccessful hotel-keeper gain, not lose, by being em- 

 ployed by the successful . . . . . .149 



Historical progress, then, results from a struggle not for subsistence, 



but for domination . . . . . .149 



CHAPTER III 



THE MEANS BY WHICH THE GREAT MAN APPLIES HIS 

 GREATNESS TO WEALTH-PRODUCTION 



All gain by the domination of the fittest, except the few who fail to 



secure power for themselves . ' . . . 151 



We must consider, however, that the great men who struggle for 



domination would not do so without some strong motive ; . 152 



and also that they cannot dominate others except by some particular 



means ........ 153 



Now the question of motive we will treat of hereafter. At present we 



will confine ourselves to the question of means . . 153 



These vary in each domain of social activity . . . J 53 



In s,ome they are too obvious to need discussion . . .154 



We need consider what they are only in the domains of politics and 



wealth-production . . . . . . X 55 



The question is most important in its bearings on wealth-production . 156 

 The great man in wealth-production can influence the actions of others 



by two means only by the slave-system and the wage-system . 157 

 The slave-system secures obedience by coercion, the wage-system by 



inducement . ; . . . . .157 



Wage-capital, not fixed capital, gives the primary power to capitalism 



as a productive agent . . . . 1 5& 



Wage-capital is an accumulation of the necessaries of life, . . 1 59 



owned or controlled by a few persons, . . . X 59 



and apportioned by them amongst many, on certain conditions . 160 



Karl Marx entirely misunderstood what these conditions are . . 160 



The essence of these conditions is that the many shall be technically 



directed by the few . . . . .161 



The question of how much the few appropriate of the product is a 



separate question altogether ..... 162 



The corvee system or slavery would make wage-capital superfluous ; 



and this shows what the essential function of wage-capital is . 162 



