"11thly. It robs society by the _monopolising_ or buying up of
raw materials. 'For' (says Fourier, Th. des Quat. Mouv., p. 359,
1st ed.), 'the rise in price on articles that are bought up, is
borne ultimately by the consumer, although in the first place by
the manufacturers, who, being obliged to keep up their
establishments, must make pecuniary sacrifices, and manufacture
at small profits in the hope of better days; and it is often
long before they can repay themselves the rise in prices which
the monopoliser has compelled them to support in the first
instance...."
"In short, all these vices, besides many others which I omit,
are multiplied by the extreme complication of mercantile
affairs; for products do not pass once only through the greedy
clutches of commerce; there are some which pass and repass
twenty or thirty times before reaching the consumer. In the
first place, the raw material passes through the grasp of
commerce before reaching the manufacturer who first works it up;
then it returns to commerce to be sent out again to be worked up
in a second form; and so on until it receives its final shape.
Then it passes into the hands of merchants, who sell to the
wholesale dealers, and these to the great retail dealers of
towns, and these again to the little dealers and to the country
shops; and each time that it changes hands, it leaves something
behind it.
"... One of my friends who was lately exploring the Jura, where
much working in metal is done, had occasion to enter the house
of a peasant who was a manufacturer of shovels. He asked the
price. 'Let us come to an understanding,' answered the poor
laborer, not an economist at all, but a man of common sense; 'I
sell them for 8_d._ to the trade, which retails them at 1_s._
8_d._ in the towns. If you could find a means of opening a
direct communication between the workman and the consumer, you
might have them for 1_s._ 2_d._, and we should each gain 6_d._
by the transaction.'"[5]
To a similar effect Owen, in the _Book of the New Moral World_, part
2, chap. iii.
Public-domain text, read in full here on John Shaqi.
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