M. Blanqui returns to the charge with his plan of participation by the workman, and of consolidation of all industries in a joint-stock company for the benefit of the collective laborer. I have shown that this plan would impair public welfare without appreciably improving the condition of the laborers; and M. Blanqui himself seems to share this sentiment. How reconcile, in fact, this participation of the workman in the profits with the rights of inventors, contractors, and capitalists, of whom the first have to reimburse themselves for large outlays, as well as for their long and patient efforts; the second continually endanger the wealth they have acquired, and take upon themselves alone the chances of their enterprises, which are often very hazardous; and the third could sustain no reduction of their dividends without in some way losing their savings? How harmonize, in a word, the equality desirable to establish between laborers and employers with the preponderance which cannot be taken from heads of establishments, from loaners of capital, and from inventors, and which involves so clearly their exclusive appropriation of the profits? To decree by a law the admission of all workmen to a share of the profits would be to pronounce the dissolution of society: all the economists have seen this so clearly that they have finally changed into an exhortation to employers what had first occurred to them as a project. Now, as long as the wage-worker gets no profit save what may be allowed him by the contractor, it is perfectly safe to assume that eternal poverty will be his lot: it is not in the power of the holders of labor to make it otherwise. For the rest, the idea, otherwise very laudable, of associating workmen with employers tends to this communistic conclusion, evidently false in its premises: The last word of machinery is to make man rich and happy without the necessity of labor on his part. Since, then, natural agencies must do everything for us, machinery ought to belong to the State, and the goal of progress is communism. I shall examine the communistic theory in its place. But I believe that I ought to immediately warn the partisans of this utopia that the hope with which they flatter themselves in relation to machinery is only an illusion of the economists, something like perpetual motion, which is always sought and never found, because asked of a power which cannot give it. Machines do not go all alone: to keep them in motion it is necessary to organize an immense service around them; so that in the end, man creating for himself an amount of work proportional to the number of instruments with which he surrounds himself, the principal consideration in the matter of machinery is much less to divide its products than to see that it is fed,--that is, to continually renew the motive power. Now, this motive power is not air, water, steam, electricity; it is labor,--that is, the market.