Browsing By Tag "manufactured goods"
THE CONQUEST OF BREAD by P. Kropotkin CHAPTER VIII Ways and Means I IF a society, a city, or a territory, were to guaran tee the necessaries of life to its inhabitants (and we shall see how the conception of the necessaries of life can be so extended as to include luxuries), it would be compelled to take possession of what is absolutely needed for production; that is to say-- land, machinery, factories, means of transport, etc. Capital in the hands of private owners would be expropriated and returned to the community. The great harm done by bourgeois society, as we have already mentioned, is not only that capitalists seize a large share of the profits of each industrial and commercial enterprise, thus enabling them to live without working, but that all production has taken a wrong direction, as it is not carried on with a view to secur...
A few years ago the cotton industry in the United States attracted the attention of the Manchester cotton manufacturers, and we have now two very interesting works written by persons who went specially to the States in order to study the rapid progress made there in spinning and weaving. T.M. Young, The American Cotton Industry. Introduction by Elijah Helm, Secretary to the Manchester Chamber of Commerce, London 1902; and T.W. Uttley, Cotton Spinning and Manufacturing in the United States: A report . . . of a tour of the American cotton manufacturing centers made in 1903 and 1904. Publications of Manchester University, Economic Series, No. II., Manchester, 1905. These two inquiries fully confirm what has been said in the text of this book about the rapid progress made in the American industry altogether, and especially in the development of a very fine cotton-weaving machinery. In his preface to Mr. Youngs book, Mr. Helm says: T...