1 64 



ARISTO CRA C Y AND E VOL UTION 



Book ii 



wage-system, differs from it only in being the wage- 

 system under a thin disguise. For the ideal co- 

 operative factory is simply a factory in which all 

 the shareholders are workers, and all the workers 

 are shareholders, and in which, being shareholders, 

 they elect their manager. Under such conditions, 

 each of these working shareholders may receive his 

 remuneration under the form, not of wages, but of 

 profits. But if any shareholder, or any group of 

 shareholders, should systematically shirk working, 

 or disobey the manager's orders, the whole, or a 

 part of the payment that would be otherwise due to 

 him, would be withheld ; for unless some regulation 

 of this kind were in force, it would be impossible to 

 ensure any co-operation amongst the co-operators, 

 or any order, or any equality of diligence. Each 

 worker's profits, then, are in reality his wages, being 

 essentially a payment which is made to him only 

 on condition that he performs certain specified tasks 

 in a certain specified way. 



We are thus brought back to the point from which 

 we started namely, that there are two methods only 

 ky wmcn > in the domain of industry, the superior 

 slave-system; faculties of the few can direct the faculties of the 

 many : firstly, the capitalistic wage -system, which 

 is the method of inducement ; secondly, slavery, 

 complete or partial, which is the method of coercion. 

 And of the truth of this assertion the reader shall 

 now be presented with a highly interesting and 

 curiously conclusive proof, taken from the very last 

 quarter in which he would naturally expect to find 



There are, 



and the 



