Political Quotes

Petr Alekseevich Kropotkin: Cheap labour and protection simply mean the possibility for a number of employers to continue working with obsolete and…

On the record
Cheap labour and protection simply mean the possibility for a number of employers to continue working with obsolete and bad machinery; but in highly developed staple industries, such as the cotton and the iron industries, the cheapest produce is obtained with high wages, short hours and the best machinery.
Said by
Petr Alekseevich Kropotkin

Editor's note · Context

Kropotkin argues that high wages and modern machinery lead to cheaper production in advanced industries.

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