This superiority of Freeland in machinery, and that of foreign countries in
hand labour, merely confirms an old maxim of experience, which is none the
less true that it still escapes the notice of the so-called 'civilised
nations.' That only the relatively rich nations--that is, those whose
masses are relatively in the best condition--very largely employ machinery
in production, could not possibly long escape the most obtuse-minded; but
this undeniable phenomenon is wrongly explained. It is held that the
English or the American people live in a way more worthy of human nature
than, for example, the Chinese or the Russians, because they are richer;
and that for the same reason--namely, because the requisite capital is more
abundant--the English and Americans use machinery while the Chinese and
Russians employ merely human muscles. This leaves unexplained the principal
question, whence comes this difference in wealth? and also directly
contradicts the facts that the Chinese and the Russians make no use of the
capital so liberally and cheaply offered to them, and that machine-labour
is unprofitable in their hands as long as their wage-earners are satisfied
with a handful of rice or with half-rotten potatoes and a drop of spirits.
But it is a part of the _credo_ of the orthodox political economy, and is
therefore accepted without examination. Yet he who does not use his eyes
merely to shut them to facts, or his mind merely to harbour obstinately the
prejudices which he has once acquired, must sooner or later see that the
wealth of the nations is nothing else than their possession of the means of
production; that this wealth is great or small in proportion as the means
of production are many and great, or few and small; and that many or few
means of production are needed according as there is a great or a small use
of those things which are created by these means of production--therefore
solely in proportion to the large or small consumption. Where little is
used little can be produced, and there will therefore be few instruments of
production, and the people must remain poor.
Neither can the export trade make any alteration; for the things which are
exported must be exchanged for other things, whether food, or instruments
of labour, or money, or some other commodity, and for that which is
imported there must be some use; which, however, is impossible if there is
no consumption, for in such a case the imported articles will find as
little sale as the things produced at home. Certainly those commodities
which are produced by a people who use neither their own productions nor
those of other people, may be lent to other nations. But this again depends
upon whether foreigners have a use for such a surplus above what is
required at home; and as this is not generally the case, it remains, once
for all, that any nation can produce only so much as it has a use for, and
the measure of its wealth is therefore the extent of its requirements.
Public-domain text, read in full here on John Shaqi.
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