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. But there is also the indirect and unconscious limitation of production—that which results from squandering the produce of human labour in luxury, instead of applying it to a further increase of production.

This last cannot even be estimated in figures, but a walk through the rich shops of any city and a glance at the manner in which money is squandered now, can give an approximate idea of this indirect limitation. When a rich man spends a thousand pounds for his stables, he squanders five to six thousand days of human labour, which might be used, under a better social organisation, for supplying with comfortable homes those who are compelled to live now in dens. And when a lady spends a hundred pounds for her dress, we cannot but say that she squanders, at least, two years of human labour, which, again under a better organisation, might have supplied a hundred women with decent dresses, and much more if applied to a further improvement of the instruments of production. Preachers thunder against luxury, because it is shameful to squander money for feeding and sheltering hounds and horses, when thousands live in the East End on sixpence a day, and other thousands have not even their miserable sixpence every day. But the economist sees more than that in our modern luxury: when millions of days of labour are spent every year for the satisfaction of the stupid vanity of the rich, he says that so many millions of workers have been diverted from the manufacture of those useful instruments which would permit us to decuple and centuple our present production of means of subsistence and of requisites for comfort.

In short, if we take into account both the real and the potential increase of our wealth, and consider both the direct and indirect limitation of production, which are unavoidable under our present economical system, we must recognise that the supposed "pressure of population on the means of subsistence" is a mere fallacy, repeated, like many other fallacies, without even taking the trouble of submitting it to a moment's criticism. The causes of the present social disease must be sought elsewhere.

Let us take a civilized country. The forests have been cleared, the swamps drained. Thousands of roads and railways intersect it in all directions; the rivers have been rendered navigable, and the seaports are of easy access. Canals connect the seas. The rocks have been pierced by deep shafts; thousands of manufactures cover the land. Science has taught man how to use the energy of nature for the satisfaction of his needs. Cities have slowly grown in the