The Problem of the Unemployed ; a Work On Political Economy, in Which An Attempt is Made to Show the Underlying Cause of Involuntary Idleness And the Failure of Wages to Keep Pace With the Increasing Wealth-Producing Power of Wage Earners

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Every laborer thus employed n a new enterprise or in the enlargfement of existing enterprises, will add to the total number of laborers previously employed, and deprive none of them of employment.
Now, without burdening the mind by trying to think how it could be accomplished, or whether it ought to be accomplished, let it be assumed, for the sake of the argument only, that all unused land was free land, and that none of this additional fifty million dollars of wealth could be invested in its p
...urchase. In other words, that the owners of this wealth could not use it in buying land. It follows then that practically all of it would be invested as capital in labor-employing en- terprises, and hence labor would be in greater demand than would be the case if any part of it could be in- vested in land.
Again, since all unused coal beds and mineral de- posits and unused tracts of land suitable for farms and residences and stores and factories, etc., would be as free to any one who would use them as were the free lands of Oklahoma, the eagerness of capitalists themselves to employ labor so as to take advantage of these wealth-producing opportunities to be found in every community, would also bring about a great de- mand for labor.


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