We thus see that while the total value of the exports from the United Kingdom, in proportion to its growing population, remains, broadly speaking, unaltered for the last thirty years, the high prices which could be got for the exports thirty years ago, and with them the high profits, are gone.
Kropotkin discusses the stagnation of British exports relative to population growth, indicating a decline in profitability over time.
Share
More from Petr Alekseevich Kropotkin
Most socialists had hitherto said that in our present civilized societies we actually produce much more than is necessary for guaranteeing full well-being to all.
It is only the distribution which is defective; and if a social revolution took place, nothing more would be required than for everyone to return to his factory or workshop, Society taking possession for itself of the ‘surplus value’ or…
But suppose the workers owned all the railways.
People flocked at night into Trafalgar Square to sleep there in the open air, under the wind and rain, between two newspapers; and one day in February a crowd, after having listened to the speeches of Burns, Hyndman, and Champion, rushed…
Other voices in this conversation
