“A panic comes, industry is paralyzed, because with machinery you can produce so much more than your paltry wage will allow you to consume. You make all things in great abundance, but you can not consume them. You can only consume that part of your product which your wage, the price of your labor power, will buy. If you cannot consume what you produce, it follows that in time there is bound to be overproduction, because the few capitalists cannot absorb the large surplus. The market is glutted, business comes to a standstill and mills and factories shut down. At such a time Chicago is hit, and hit hard; and you workingmen find yourselves out of employment, a drug on the market. Nobody wants your labor power, because it cannot be utilized at a profit to the capitalist who owns the tools, and when he cannot use your labor power at a satisfactory profit to himself he doesn’t buy it. And if he doesn’t buy your labor power you are idle, and when you are idle you don’t draw any wages, and you can’t buy groceries and pay rent; you can’t buy clothing and shoes, and you begin to look seedy and shabby. By degrees you become a vagrant and a wanderer and lose what little self-respect you had. And then you hear that your wife has been evicted, and that is a thing that happens every day in the week. Your child is now upon the streets and your former cottage home is deserted. You now start out on what proves to be a never-ending journey. The road you are now traveling stretches wearily on, and from the hedges bark the dogs of capitalism. You are a tramp.”