No state, furthermore, unless it has aggressive military designs such as those which consumed Nazi leaders in the thirties, is likely to divert to defense any more of its resources and wealth and energy than seems necessary. ↗
But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed. ↗
By shading off, as I have done, the portion of the area of the diagram according to the individual age, every one may see how much of life is consumed, and what is left. ↗