The capitalist becomes a unit with much, and his labourers a crowd with little.
Walter Bagehot: “The capitalist becomes a unit with much, and his labourers a crowd with little.”
Editor's note · Context
Bagehot describes the growing divide between wealthy capitalists and their laborers in society.
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The casual line was traced according to the strength of deceased combatants; succeeding generations fought elsewhere; and the hesitating line of a half-drawn battle was left to stand for a perpetual limit.
Political philosophy is still more imperfect; it has been framed from observations taken upon regular specimens of politics and States; as to these its teaching is most valuable.
It is natural that those who by special and admirable culture have come to look at all things upon the artistic side, should start back from these queer peculiarities.
The lessons are good where its primitive assumptions hold, but may be false where those assumptions fail.





