Excerpt from Profit-Sharing Between Capital and Labour, Six Essays
By directly interesting workmen in the profits which their labour contributes to produce, a group of Continental, and especially of Parisian, firms have introduced a singularly efficacious means of obtaining enhanced industrial results, and of stilling the disastrous antagonism between employers and employed. The particular mode of remunerating labour which has brought these benefits in its train was first put into action by the house-painter Leclaire, in 1842, and is now working in a great variety of productive undertakings, and in one distributive establishment of colossal size. A French Society formed to promote the study of this system has, since 1879, published a quarterly serial describing its progress: its principle and practice have also been investigated by two public commissions appointed by the Prefect of the Seine and the Minister of the Interior, respectively, and by a committee of the Chamber of Deputies.
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