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labor power and genius are wasted, forever wasted, while they drift down to hell and their brothers starve in rags.
Now, John, there is another phase of this mystery. In spite of all the poverty and unemployment there is more than enough for all. In fact, when panics come there is such an abundance of good things on hand that we refer to it as "overproduction." Now this overproduction is the surplus wealth the watch makers, the printers, the lithographers, the farmers and other workers are producing. The figures showing the increased production by machinery show we are producing this surplus. The figures of Prof. Nearing show that we do not get it. But neither figures tell us just who is getting it. But common experience and the newspapers tell us who is getting it. When we read that Mrs. Blueblood gave a thousand dollar dinner to a monkey, or that Mr. Astorbilt spent $5,000 on a pup, we have certain suspicions that Mrs. Blueblood, Mr. Astorbilt, the monk and the pup, and others of the aristocracy, are getting the surplus that the watch makers, the printers, the lithographers, the farmers and other workers are producing each year. If they don't get it who does?
But if you want figures also to show who produces the wealth and who gets it, just spend a few minutes over the following diagram which I take from John Spargo's excellent little book entitled "The Socialists."
SHARE OF EACH CLASS IN THE TOTAL WEALTH
As compared with its number of occupied persons 10 years and over
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CLASS | NUMBER OF PERSONS IN EACH CLASS | Per Cent of Total Number in Occupations | Wealth of Each Class | Per Cent of Total Wealth |
PLUTOCRATIC CLASS | 250,251 | 0.9 | $67,000,000,000 | 70.5 |
MIDDLE CLASS | 8,429,845 | 29.0 | 24,000,000,000 | 25.3 |
PROLETARIAN CLASS | 20,293,137 | 70.1 | 4,000,000,000 | 4.2 |
TOTAL | 29,073,233 | 100.0 | $95,000,000,000 | 100.0 |