you deem to be correct, and why
- Mr. Thornton argues that the wages-fund is neither “determined” nor “limited”: not “determined,” because there is no “law” to compel capitalists to devote any portion of their wealth to the payment [pg 642] of labor, nor are they morally “bound” to do so; and not “limited,” because there is nothing to prevent them from adding to the portion of their wealth so applied. Criticise this argument, and, if you dissent from Mr. Thornton's view, state the causes which “determine” and “limit” the fund in question.
- State precisely what you mean by the “wages-fund,” and explain the conditions on which its