ABSTRACT

DISTINCTION OF RICH AND POOR.—ACCUMULATION OF WEALTH.—HOW IT IS DISPOSED OF.—THE POOR LABOUR FOR IT.—CONTRACT BETWEEN THE CAPITALIST AND THE LABOURER.—THE RICH UNDER THE NECESSITY OF EMPLOYING THE POOR.—DEFINITION OF CAPITAL.—HOW CAPITAL YIELDS AN ICOME.—PROFITS MADE BY THE EMPLOYMENT OF LABOURERS.—PRODUCTIVE LABOURERS.—INDEPENDENCE OF MEN OF CAPITAL.—INDUSTRY LIMITED BY EXTENT OF CAPITAL.—INDUSTRY INCREASES IN PROPORTION TO CAPITAL.—CAPITAL AUGMENTED BY THE ADDITION OF SAVINGS FROM INCOME.—HAPPINESS RESULTING RATHER FROM THE GRADUAL ACQUISITION, THAN THE ACTUAL POSSESSION OF WEALTH.