Assuming , as above stated , that this fall of prices is not interfered with by reflation or otherwise , there must be ( 4 ) A still greater fall in the net worths of business , precipitating bankruptcies and ( 5 ) A like fall in profits , which in a " capitalistic , " that is , a private-profit society , leads the concerns which are running at a loss to make ( 6 ) A reduction in output , in trade and in employment of labor .