ABSTRACT
Every particular social problem is only a case of this general one, how to subordinate all social forces to the highest permanent well-being of the entire community. The whole modern organization of labour in its advanced forms rests on a fundamental fact which has spontaneously and increasingly developed itself, namely, the definite separation between the functions of the capitalist and the workman, or, in other words, between the direction of industrial operations and their execution in detail. Labour is spoken of as if it were an independent entity, separable from the personality of the workman. The first effect of a thorough appropriation of the conception of the workman as a social functionary will be to supply a foundation for his just dignity. The idea of the relation of wages to a social standard of living has an important bearing on a view now often put forward.
