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The Iron Heel by Jack London
page 142 of 321 (44%)
resources of that country, and that in a short time that country
would have an unconsumed surplus. We extended this process to all the
countries on the planet, till every country was producing every year,
and every day, an unconsumed surplus, which it could dispose of to no
other country. And now I ask you again, what are we going to do with
those surpluses?"

Still no one answered.

"Mr. Calvin?" Ernest queried.

"It beats me," Mr. Calvin confessed.

"I never dreamed of such a thing," Mr. Asmunsen said. "And yet it does
seem clear as print."

It was the first time I had ever heard Karl Marx's* doctrine of surplus
value elaborated, and Ernest had done it so simply that I, too, sat
puzzled and dumbfounded.

* Karl Marx--the great intellectual hero of Socialism. A
German Jew of the nineteenth century. A contemporary of
John Stuart Mill. It seems incredible to us that whole
generations should have elapsed after the enunciation of
Marx's economic discoveries, in which time he was sneered at
by the world's accepted thinkers and scholars. Because of
his discoveries he was banished from his native country, and
he died an exile in England.

"I'll tell you a way to get rid of the surplus," Ernest said. "Throw it
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