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Huxley, Thomas Henry, 1825-1895

"Evolution and Ethics"

It is, therefore, as sure as anything can be that, in the long
run, the shoes are drawn from that which is capital par excellence; to
wit, cattle. It is further beyond doubt that the operation of tanning
must involve loss of capital in the shape of bark, to say nothing of
other losses; and that the use of the awls and knives of the shoemaker
involves loss of capital in the shape of the store of [179] iron;
further, the shoemaker has been enabled to do his work not only by the
vital capital expended during the time occupied in making the pair of
shoes, but by that expended from the time of his birth, up to the time
that he earned wages that would keep him alive.
"Progress and Poverty" continues:--
. . . As my labour goes on, value is steadily added until,
when my labour results in the finished shoes, I have my
capital plus the difference in value between the
material and the shoes. In obtaining this additional
value--my wages--how is capital, at any time, drawn
upon? (p, 34).
In return we may inquire, how can any one propound such a question?
Capital is drawn upon all the time. Not only when the shoes are
commenced, but while they are being made, and until they are either
used by the shoemaker himself or are purchased by somebody else; that
is, exchanged for a portion of another man's capital.


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