Over-production means merely and simply a want of purchasing powers amidst the workers.
Petr Alekseevich Kropotkin: “Over-production means merely and simply a want of purchasing powers amidst the workers.”
Editor's note · Context
Kropotkin defines over-production as a symptom of inadequate purchasing power among workers, rather than an excess of goods.
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And the division and subdivision--the permanent subdivision--of functions has been pushed so far as to divide humanity into castes which are almost as firmly established as those of old India.
And yet it is easy to prove that both are totally erroneous: plenty of food could be grown on the territories of Western Europe for much more than their present populations, and an immense benefit would be derived from doing so.
As to the yet neutral markets, China will never be a serious customer to Europe: she can produce much cheaper at home; and when she begins to feel a need for goods of European patterns, she will produce them herself.
Cottons, plain linen, and machine-made lace are now produced at such a low cost by machinery that hand-weaving evidently becomes an anachronism for the plainest descriptions of such goods.

