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extensive markets, in the same measure does the world market shrink ever more, and ever fewer markets remain to be exploited, since every previous crisis has subjected to the commerce of the world a hitherto unconquered or but superficially exploited market. But capital not only lives upon labour. Like a master, at once distinguished and barbarous, it drags with it into its grave the corpses of its slaves, whole hecatombs of workers, who perish in the crises. We thus see that if capital grows rapidly, competition among the workers grows with even greater rapidity – i.e., the means of employment and subsistence for the working class decrease in proportion even more rapidly; but, this notwithstanding, the rapid growth of capital is the most favorable condition for wage-labour. 24 25 Introduction to Karl Marx’s Wage Labour and Capital (Engels) Preliminary What are Wages? How are they Determined? By what is the price of a commodity determined? By what are wages determined? The Nature and Growth of Capital Relation of Wage-Labour to Capital The General Law that Determines the Rise and Fall of Wages and Profits The Interests of Capital and Wage-Labour are diametrically opposed. Effect of growth of productive Capital on Wages In what manner does the growth of productive capital affect wages? Effect of Capitalist Competition on the Capitalist Class the Middle Class and the Working Class