This relates to Marx's doctrine of communism and atheism, both being the ultimate of human realization. (But, in retrospect, we know it is possible for individuals to create their own value-add to their own human capital.) The last third discusses Hegel's abstraction of logic involving spirit and state. It is clear to see how the shift of the times toward mechanization made the human labor seem almost worthless. Later, we see he believes this is oK, because each individual within the species does not, by themselves, matter. Much quoting of Smith, Ricardo and Say, but then seems to re-arrange them into his own outlook that ignores the fundamental unit of decision making: the human individual.
