proletarian regime would be something wholly different from under capitalism. To-day it is the price of the commodity—labor power. This is determined in the last analysis by the cost of subsistence of the laborer, while its minor variations depend upon the operation of supply and demand. In a society ruled by the proletariat this would stop, as the laborer would no longer be compelled to sell his labor power. This labor power would cease to be a commodity whose price is determined by its cost of re-production, and its price would become independent of the relation between supply and demand. That which to-day determines in the last analysis the height of wages is the number of products to be divided among the laboring class, the larger this number the higher can and will the general level of wages rise. All things considered the proportioning of the wages of labor among the different branches of industry is largely influenced by supply and demand, and since the laborers cannot be assigned by military discipline and against their wishes to the various branches of industry, so it may happen that too many laborers rush into certain branches of industry while a lack of laborers is the rule in others. The necessary balance can then only be brought about by the reduction of wages where there are too many laborers and the raising of them in those branches of industry where there is a lack of laborers until the point is reached where every branch has as many laborers as it
