Written at the height of the industrial revolution, Mallock's insightful analysis of the relationship between labour and welfare remains relevant today. Arguing against the prevailing view of the time that the interests of labour and capital were irreconcilable, Mallock offers a compelling case for cooperation and mutual benefit. This work marks an important contribution to the history of economic thought. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.