THE CONQUEST OF BREAD by P. Kropotkin CHAPTER 2 Well-Being for All I WELL-BEING for all is not a dream. It is possible, realizable, owing to all that our ancestors have done to increase our powers of production. We know, indeed, that the producers, although they constitute hardly one-third of the inhabitants of civilized countries, even now produce such quantities of goods that a certain degree of comfort could be brought to every hearth. We know further that if all those who squander to-day the fruits of others' toil were forced to employ their leisure in useful work, our wealth would increase in proportion to the number of producers, and more. Finally, we know that contrary to the theory enunciated by Malthus--that Oracle of middle-class Economics --the productive powers of the human race increase at a much more rapid ratio...
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 &poun...