The German Classics of the Nineteenth and Twentieth Centuries, Volume 10 eBook

This eBook from the Gutenberg Project consists of approximately 628 pages of information about The German Classics of the Nineteenth and Twentieth Centuries, Volume 10.

The German Classics of the Nineteenth and Twentieth Centuries, Volume 10 eBook

This eBook from the Gutenberg Project consists of approximately 628 pages of information about The German Classics of the Nineteenth and Twentieth Centuries, Volume 10.

If you ask me again what the causes were which made possible this development of manufacturing and the consequent wealth of the middle class, I should have to exceed, if I tried to give them thorough treatment, the time at my disposal.  I can only enumerate for you the most essential ones:  The discovery of America and its tremendous influence on production; the route to the East Indies around the Cape of Good Hope, taking the place of the former land route by way of Suez for all trade with the East Indies; the discovery of the magnetic needle and the invention of the mariner’s compass, and in consequence greater safety and speed and lower insurance rates for all ocean traffic; the waterways established in the interior of the countries, the canals, also the good roads which made possible for the first time a more remote market through the lessening of the transportation costs of various commodities which formerly could not carry the raise in price thus caused; greater security of property; well-established courts of law; the invention of powder, and, in consequence of this invention, the breaking down by the monarchy of the feudal military power of the nobility; the dismissal of the mercenaries and mounted retainers of the nobles on account of the destruction of their castles and of their independent military power.  For these retainers there was now nothing left but to find work in the medieval workshops.  All these events gave impetus to the triumphal chariot of the middle class.  All these events, and many more which might be enumerated, combined to produce this one effect.  By the opening of wider markets and the accompanying reduction of the costs of production and transportation, there comes production for the world-market, and consequently the necessity for cheap production which, in its turn, can be met only by a constantly extending division of labor, i.e., by the more perfectly developed division of the work into its simplest mechanical processes; this in turn brings about a constantly increasing output.

We are on the ground here of action and reaction.  Each of these circumstances is a cause for the other, and the latter then reacts upon the former, and extends it and increases its scope.

It must be clear that the production of an article in enormous quantities—­its production for the world-market—­is, in general, possible only if the costs of production of the article are low and if also its transportation is cheap enough not to raise its price essentially.  Production in enormous quantities demands a wholesale market, and a wholesale market for any commodity can be obtained only by its low price, which makes it available for a very large number of consumers; thus the low cost of production and transportation of any commodity brings about its production on a huge scale in enormous quantities.  It must also be clear, on the other hand, that the production of a commodity in enormous quantities causes and increases its cheapness. 

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The German Classics of the Nineteenth and Twentieth Centuries, Volume 10 from Project Gutenberg. Public domain.