The celebrated "Doctrine of Increasing Misery" stands in diametrical opposition to those facts with which nowadays every child is acquainted. During the time when our Socialists have been preaching the "Doctrine of Increasing Misery" working hours have been very greatly diminished and wages have not been reduced, but have risen by about 100 per cent. During the same time working hours in Germany have also been reduced and wages have risen up to 400 per cent.[181] The German Socialists have been honest enough to abandon the Doctrine of Increasing Misery under the guidance of Bernstein; the French have dropped it under the guidance of Sorel; the Dutch have seen its absurdity, guided by Vandervelde, their foremost leader. The British Socialists, on the other hand, have not abandoned it, though they must see its absurdity, probably because, though palpably and ridiculously false, the Doctrine of Increasing Misery is considered to be a useful and effective part of the Socialist agitator's stock-in-trade.
The Socialists argue that the position of the worker cannot improve because the capitalist, possessing the monopoly of property, pockets all that the worker produces except the mere cost of his subsistence, which, owing to the "Iron Law of Wages," is given to the workman in the form of wages. "The amount of wealth which the labourer produces in the time for which he has sold his labour-force is out of all proportion to what it costs to produce and maintain his labour-force for that time. This, the difference between what he produces and his own cost of production, is surplus-value, and is taken and divided up by the capitalist into rent, interest, profit. This surplus-value, then, this profit, is so much robbery effected by taking advantage of the necessity of the proletarian--the naked propertyless labourer."[182] "All that the worker produces beyond what is absolutely necessary to keep himself and his offspring in life, this surplus beyond subsistence--this difference between the recompense of labour and its products--this unrighteous subtrahend, this swag, is the booty alike of slavelord, serflord, and drudgelord, or capitalist."[183] The question now arises: "How does the capitalist secure this surplus-value of labour without paying for it? If the workman is free, why cannot he insist on receiving, not the mere exchange-value of his commodity--'labour-power'--but the full value of the labour he expends for the capitalist? The capitalist obtains this surplus-value owing to his monopoly of the means of production. The labourer cannot, as a rule, command more than his cost of subsistence in return for his labour--although his wages, like the prices of all commodities, sometimes rise above this and sometimes fall below--because, although apparently free, he is really not free. He must sell his labour-power in order to live; he has no other commodity to dispose of. Consequently he must accept the terms that the purchaser will offer, subject only to two conditions--his own cost of subsistence and the fluctuations of the market."[184] "Owing to the monopoly of the means of production in the past, industrial inventions and the transformation of surplus income into capital have mainly enriched the proprietary class, the worker being now dependent on that class for leave to earn a living."[185]