The Iron Heel by Jack London
page 142 of 321 (44%)
page 142 of 321 (44%)
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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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