Association not thereby dissolved, ib. Capital and labour both take a share of risk till it can be estimated by experience, ib. This state of things gives place to a bargain which ensure unity of direction and fixity of situation, 362. The capitalist may take risk, paying fixed wages, or labourer may take risk, paying a fixed interest-still there is association, 362, 363. Wages have nothing degrading in them any more than interest, 363. The one is the remuneration of present, the other of anterior labour, ib. Such stipulations are the cause and the manifestation of progress, ib. Socialist errors on this subject confuted, 364, 365. Friendly Societies admirable means of providing against sickness and old age, 368. Have conferred immense benefits on the working classes, ib. Caisses de Retraite, Friendly Accumulation Societies, 371-378. Anterior labour, or capital, must necessarily have more security than present labour, 377-379. Future of the working classes-tendency to become capitalists, 379-383. Progress of the working classes between 1750 and 1850, 381. Relations of the capitalist and labourer, 383. Erroneous notions on this subject most dangerous, 384. Falsest theories abroad, ib. Due to M. de Sismondi and M. Buret, ib. Labourer's share of product has a tendency to increase as capital increases, 385. When exchange takes place between capital, or anterior labour, and present labour, it is not on the footing of their duration or intensity, but of their value, 387. Anterior labour has a general tendency to become depreciated, 388, 389. Presence of capital always beneficial to labourer, 390. Groundless outcry against tyranny of capital, 391, 392. Wants, efforts, and satisfactions, constitute the domain of Political Economy, 69-74. Wants of man, enumeration of, 75-77. Moral and material, 77. Not a fixed quantity, but progressive and expansive, 79, 80. Rousseau recognises their elasticity, 81. In isolation, wants exceed powers; in the social state, powers exceed wants, 98. Man has more wants than any other living being, 99. War. Principal thing which imparts to nations their distinctive character is the manner in which they provide for their subsistence, 454. Labour, although little noticed by historians, held as important a place among the ancients as it does with us, 457. War, spoliation, marked difference in the character of a nation which lives by, 458. It presupposes production, ib. Spoliation in the shape of war has its root in selfishness, 459. Personal interest gives rise to harmony, but there are disturbing causes, 460. Labour is in itself a good, independent of its results, but we do not desire it for its own sake, ib.