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passage 1 passage 2 impossible. tried on a limited scale it amounts only to co - operation—different from socialism. fourth: the existing system is based on the rewards held out to individual effort, thus furnishing leaders who, by accumulating capital through self - denial, great moderation in the pursuit of pleasure, and strenuous work, will be eventually enabled to establish large combinations, factories, corporations of all sorts, which, as history and daily experience prove, pay even the unintelligent laborers higher wages and furnish them more security than they could possibly have obtained if left to themselves as socialistic organizations. in order to obtain the best results, however, a in passage 2, what does blanc mean in the last paragraph, on pages 3 - 4, when he compares cheapness to a hammer? the construction of large factories attracts workers to leave home for unskilled jobs at low pay. the development of new technology makes manufacturing too expensive for small producers. the promise of low prices is used to justify a system that destroys small businesses. the labor of underpaid workers is used to build up the wealth of the business owners.
Blanc likely means that the promise of low - prices (cheapness) is used as a tool, similar to how a hammer is a tool, to justify a system that is harmful to small businesses. Just as a hammer can be used to build or destroy, cheapness is used to support a system that destroys small businesses.
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The promise of low prices is used to justify a system that destroys small businesses.