However, what I have just described is the utopia of capitalism, at least for the worker and leads into what may be the "single worst consequence" of the failure of government regulation during early capitalism and today, a failure to regulate the workday and enforce a living wage. A living wage, most simply, is a wage that allows a person to support themselves and their family. The text How the Other Half Lives by Jacob Riis will serve as evidence of the consequences of lack regulation of the wages and the workday in early capitalism, as well as help to demonstrate how the same reality exists today for many.

Riis' description of an early capitalist, "the sweater of Jewtown" thus highlights the problem. In the days of laissez-faire capitalism, the capitalist could and would keep the worker on "starvation wages." In unregulated capitalism, there is no structure in place to lim

Some common words found in the essay are:
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Approximate Word count = 597
Approximate Pages = 2 (250 words per page double spaced)