Principles of Political Economy · John Stuart Mill
FUTURE OF LABORING-CLASSES.
266. Examine the influences of machinery on the economic condition of the working-classes. 267. Mention and discuss some of the popular remedies for low wages, and especially the effect of the subdivision of landed property among peasant proprietors. 268. Explain briefly what is meant by co-operation, and indicate the more prominent forms assumed by the co-operative movement. 269. What is meant by the co-operative system of industry? Show ways in which this system may affect, for good or for evil, the productiveness of labor; and mention any moral benefits, or the opposite, in which it may be expected to issue. 270. What are the difficulties in the way of co-operation for the production of salable objects? 271. Explain the advantages of industrial partnership, in which the employés share, in proportion to the wages received, half the profits of the business beyond a certain fixed minimum which is assigned to the employers.
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