Fields, Factories, and Workshops : Appendix A : British Investments Abroad
(1842 - 1921) ~ Russian Father of Anarcho-Communism : As anarchism's most important philosophers he was in great demand as a writer and contributed to the journals edited by Benjamin Tucker (Liberty), Albert Parsons (Alarm) and Johann Most (Freiheit). Tucker praised Kropotkin's publication as "the most scholarly anarchist journal in existence." (From : Spartacus Educational Bio.)
• "ANARCHISM, the name given to a principle or theory of life and conduct under which society is conceived without government - harmony in such a society being obtained, not by submission to law, or by obedience to any authority, but by free agreements concluded between the various groups, territorial and professional, freely constituted for the sake of production and consumption, as also for the satisfaction of the infinite variety of needs and aspirations of a civilized being." (From : "Anarchism," by Peter Kropotkin, from the Encyclop....)
• "...all that is necessary for production-- the land, the mines, the highways, machinery, food, shelter, education, knowledge--all have been seized by the few in the course of that long story of robbery, enforced migration and wars, of ignorance and oppression..." (From : "The Conquest of Bread," by Peter Kropotkin, 1906.)
• "As to parliamentary rule, and representative government altogether... It is becoming evident that it is merely stupid to elect a few men, and to entrust them with the task of making laws on all possible subjects, of which subject most of them are utterly ignorant." (From : "Process Under Socialism," by Peter Kropotkin, 188....)
THE important question as to the amount of British capital invested in the colonies and in other countries has only quite lately received due attention. For the last ten years or so one could find in the "Reports of the Commissioner of Inland Revenue" a mention of the revenue derived from British capital invested in foreign loans to States and Municipalities and in railway companies; but these returns were still incomplete. Consequently, Mr. George Paish made in 1909 and 1911 an attempt at determining these figures with more accuracy in two papers which he read before the Statistical Society.1
Mr. Paish based his researches on the Income Tax, completing, these data by special researches about private investments, which do not appear in the Income Tax returns. He has not yet got to the end of his investigation; but, all taken, he estimates that the yearly income received by this country from abroad from different sources reaches £300,000,000 every year.
1 "Great Britain's Capital Investments in Other Lands " (Journal of the Statistical Society, September 1909, vol. lxxii., pp. 475-495), followed by a most interesting discussion; and " Great Britain's Capital Investments in India, Colonial and Foreign Countries," same journal, January 1911, vol. lxxiv., pp.167-200.
From : Anarchy Archives
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