Wehavealreadyseenthattheprofitoncapitalisinproportiontoitssize.Ifweignoredeliberatecompetitionforthemoment,alargecapitalaccumulatesmorerapidly,inproportiontoitssize,thandoesasmallcapital.
Thismeansthat,quiteapartfromcompetition,theaccumulationoflargecapitaltakesplaceatamuchfasterratethanthatofsmallcapital.
But,letusfollowthisprocessfurther.
Ascapitalsmultiply,theprofitsoncapitaldiminish,asaresultofcompetition.So,thefirsttosufferisthesmallcapitalist.
\"Inacountrywhichhadacquireditsfullcomplementofriches,astheordinaryrateofclearprofitwouldbeverysmall,sotheusualmarketrateofinterestwhichcouldbeaffordedoutofitwouldbesolowastorenderitimpossibleforanybuttheverywealthiestofpeopletoliveupontheinterestoftheirmoney.Allpeopleofsmallormiddlingfortuneswouldbeobligedtosuper—intendthemselvestheemploymentoftheirownstocks.Itwouldbenecessarythatalmosteverymanshouldbeamanofbusiness,orengageinsomesortoftrade.\"