Criminality and economic conditionsBonger, Willem Adriaan
General
Criminality and economic conditions
Bonger, Willem Adriaan
Crime -- Economic aspects
Since the mass of capital increases without cessation it is
indispensable to find new investments, and to broaden the market. From
this it results, among other things, that the capitalist class is
forced to take up the policy of political expansion and to conquer
countries where capitalism has not yet become rooted. If it succeeds in
finding a new outlet, then, production increases enormously, existing
factories are enlarged, new ones are established, etc., and the new
market is inundated with goods. But in the end this market ceases to be
able to absorb the continually increasing mass of products, so much the
more since the production of the country itself also increases as
capitalism gains foothold there. The commodities remain, then, unsold,
and a crisis is begun. Production must be stopped or decreased; the
stock of commodities being thus made smaller the equilibrium begins
little by little to reëstablish itself; after which the movement is
repeated. But since the capitalistic method of production little by
little spreads itself over the whole earth, it becomes increasingly
difficult to find countries where capitalism has not been implanted.
Hence overproduction tends to become chronic.
Besides the cause already set forth there is still another circumstance
which can produce a crisis or aggravate one already existing; I refer
to the lack of order in the present mode of production. Suppose that
the demand for iron is great at any given moment. The production will
then increase so quickly, and in such a degree (each manufacturer
ignoring what his competitors are doing), that the supply will far
exceed the demand. As a result manufacturing will be checked. As soon
as overproduction occurs in as important a branch of industry as the
manufacture of iron, there will follow also a stoppage of production in
other branches, and a general crisis will ensue.
The consequences of a crisis for the capitalist class are well known.
Many are forced to stop producing, are no longer able to pay their
creditors, and draw many of their debtors in their train. Because of
the complexity of the present system of production the consequences of
a crisis are very far reaching. It is naturally the small capitalists
who are stricken first, whence it follows that during crises there is a
great concentration of capital.
Public-domain text, read in full here on John Shaqi.
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