Things Seen and Not Seen (Classic Reprint)

Excerpt from Things Seen and Not Seen <p>First, it is true, the capitalist, the inventor: the first who succeeds in using the machine and this is the reward of his genius and courage. In this case, as we have just seen, he effects a saving upon the expense of production, which, in whatever way it may be spent (and it always is spent), employs exactly as many hands as the machine caused to be dismissed. <p>But soon competition obliges him to lower his prices in proportion to the saving itself; and then it is no longer the inventor who reaps the benefit of the invention it is the purchaser of what is purchased, the con sumer, the public, including the workman; in a word, mankind. <p>About the Publisher <p>Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com <p>This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.