wouldhavetobeturnedinto\"productive\"ones。
Takingthemasawhole,thegeneralmovementsofwagesareexclusivelyregulatedbytheexpansionandcontractionoftheindustrialreservearmy,andtheseagaincorrespondtotheperiodicchangesoftheindustrialcycle。
Theyare,therefore,notdeterminedbythevariationsoftheabsolutenumberoftheworkingpopulation,butbythevaryingproportionsinwhichtheworking—classisdividedintoactiveandreservearmy,bytheincreaseordiminutionintherelativeamountofthesurplus—population,bytheextenttowhichitisnowabsorbed,nowsetfree。ForModernIndustrywithitsdecennialcyclesandperiodicphases,which,moreover,asaccumulationadvances,arecomplicatedbyirregularoscillationsfollowingeachothermoreandmorequickly。thatwouldindeedbeabeautifullaw,whichpretendstomaketheactionofcapitaldependentontheabsolutevariationofthepopulation,insteadofregulatingthedemandandsupplyoflabourbythealternateexpansionandcontractionofcapital,thelabour—marketnowappearingrelativelyunder—full,becausecapitalisexpanding,nowagainover—full,becauseitiscontracting。Yetthisisthedogmaoftheeconomists。Accordingtothem,wagesriseinconsequenceofaccumulationofcapital。Thehigherwagesstimulatetheworkingpopulationtomorerapidmultiplication,andthisgoesonuntilthelabour—marketbecomestoofull,andthereforecapital,relativelytothesupplyoflabour,becomesinsufficient。
Wagesfall,andnowwehavethereverseofthemedal。Theworkingpopulationislittlebylittledecimatedastheresultofthefallinwages,sothatcapitalisagaininexcessrelativelytothem,or,asothersexplainit,fallingwagesandthecorrespondingincreaseintheexploitationofthelaboureragainacceleratesaccumulation,whilst,atthesametime,thelowerwagesholdtheincreaseoftheworking—classincheck。Thencomesagainthetime,whenthesupplyoflabourislessthanthedemand,wagesrise,andsoon。Abeautifulmodeofmotionthisfordevelopedcapitalistproduction!Before,inconsequenceoftheriseofwages,anypositiveincreaseofthepopulationreallyfitforworkcouldoccur,thetimewouldhavebeenpassedagainandagain,duringwhichtheindustrialcampaignmusthavebeencarriedthrough,thebattlefoughtandwon。
Between1849and1859,ariseofwagespracticallyinsignificant,thoughaccompaniedbyfallingpricesofcorn,tookplaceintheEnglishagriculturaldistricts。InWiltshire,e。g。,theweeklywagesrosefrom7s。to8s。;inDorsetshirefrom7s。or8s。,to9s。,&c。Thiswastheresultofanunusualexodusoftheagriculturalsurplus—populationcausedbythedemandsofwar,thevastextensionofrailroads,factories,mines,&c。