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What makes wages rise, the 
buyers do not pay for the Toil 

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00:00:04,800 --> 00:00:07,800
and Trouble. 
The worker took nor for the 

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00:00:07,800 --> 00:00:10,900
length of time. 
He spent in working, they pay 

4
00:00:10,900 --> 00:00:14,700
for the products, the better, 
the tools are which the worker 

5
00:00:14,700 --> 00:00:17,900
uses in his job. 
The more he can perform in an 

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00:00:17,900 --> 00:00:20,900
hour. 
The higher is consequently his 

7
00:00:21,000 --> 00:00:24,800
remuneration. 
What makes wages rise and 

8
00:00:24,800 --> 00:00:28,000
renders, the material conditions
of the wage earners more 

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00:00:28,000 --> 00:00:33,000
satisfactory is In the 
technological equipment, 

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00:00:33,200 --> 00:00:35,700
American wages are higher than 
wages. 

11
00:00:35,700 --> 00:00:40,800
In other countries because the 
capital invested per head of the

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00:00:40,800 --> 00:00:46,000
worker is greater and the plants
are thereby in the position to 

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00:00:46,000 --> 00:00:49,800
use the most efficient tools and
machines would it's called the 

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00:00:49,800 --> 00:00:54,300
American way of life. 
Is the result of the fact that 

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00:00:54,300 --> 00:00:58,200
the United States has put fewer 
obstacles in the way of saving 

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00:00:58,400 --> 00:01:03,500
and capital accumulation. 
Ocean, then other nations, the 

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00:01:03,500 --> 00:01:07,500
economic backwardness of such 
countries as India, consists 

18
00:01:07,500 --> 00:01:10,200
precisely in the fact that their
policies hinder. 

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00:01:10,200 --> 00:01:13,700
Both of the accumulation of 
domestic capital and the 

20
00:01:13,700 --> 00:01:18,500
investment of foreign Capital as
the capital required is lacking.

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00:01:18,700 --> 00:01:22,700
The Indian Enterprises are 
prevented from employing 

22
00:01:22,700 --> 00:01:26,500
sufficient quantities of modern 
equipment are therefore 

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00:01:26,500 --> 00:01:31,100
producing much less per man hour
and can only We afford to pay 

24
00:01:31,100 --> 00:01:35,600
wage rates, which compared with 
American wage rates appear as 

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00:01:35,600 --> 00:01:38,800
shockingly low. 
There is only one way that leads

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to an improvement of the 
standard of living for the 

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wage-earning masses. 
These, the increase in amount of

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00:01:46,300 --> 00:01:49,300
capital invested all other 
methods. 

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00:01:49,300 --> 00:01:54,300
However, popular they maybe are 
not only futile, but are 

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actually detrimental to the 
well-being of those. 

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They allegedly want to benefit. 
It.

