chapter  74
9 Pages

YIELD-WAGE AND THE VALUE OF LABOR

One can understand the feeling of pride that so many an entrepreneur experiences, in that he has become the organizer of labor and has given to thousands a means of providing for their families. Not only the entrepreneurs but society as a whole indulged throughout the first period of the industrial age in the illusion that they were on

the way to such all-embracing and astounding progress as had never before been witnessed in the history of human achievement. Science itself agreed; it also was deceived by constantly advancing exchangevalues and populations.