Capitalism; Imperialism; Saving and investment; Socialism
Struve also shares the crude view of the Russian 'populists' who saw
hardly more than a merchant's sordid concern for his market in the
international connections of capitalist economy, and its historical
tendency to create a homogeneous living organism based on social
division of labour as well as the countless variety of natural wealth
and productive conditions of the globe. Moreover he accepts the Three
Empire fiction of Wagner and Schmoller (the self-contained Empires of
Great Britain, Russia and the U.S.A.) which completely ignores or
artificially minimises the vital part played by an unlimited supply of
means of subsistence, of raw and auxiliary materials and of labour power
which is just as necessary for a capitalist industry computed in terms
of a world market as the demand for finished products. Alone the history
of the English cotton industry, a reflection in miniature of the history
of capitalism in general, spreading over five continents throughout the
nineteenth century, makes a mockery of the professors' childish
pretensions which have only one real significance: to provide the
theoretical justification for the system of protective tariffs.
FOOTNOTES:
[292] Published in _Sozialdemokratisches Zentralblatt_, vol. iii, No. 1.
[293] _Critical Comments on the Problem of Economic Development in
Russia._
[294] Op. cit., p. 251.
[295] Ibid., p. 255.
[296] Ibid., p. 252.
[297] Ibid., p. 260. 'There can be no doubt that Struve's attempt to
refute what he calls the pessimist outlook on the analogy of the U.S.A.
is fallacious. He says that Russia can overcome the evil consequences of
the most recent capitalism just as easily as the U.S.A. But what he
forgets is that the U.S.A. from the first represent a new bourgeois
state, that they were founded by a petty bourgeoisie and by peasants who
had fled from European feudalism to set up a purely bourgeois society.
In Russia, on the other hand, we have a primitive communist foundation,
a society of _gentes_, as it were, in the pre-civilised stage which,
though it is already disintegrating, still serves as a material basis
upon which the capitalist revolution (for it is in fact a social
revolution) can take place and become effective. In America, a monetary
economy had been stabilised more than a century ago, whereas a natural
economy had until recently prevailed in Russia. It should be obvious
therefore that this revolution in Russia is bound to be much more
ruthless and violent, and accompanied by immensely more suffering than
in America' (Engels to Nikolayon, October 17, 1893, _Letters_ ..., p.
85).
[298] _Critical Comments_ ..., p. 284.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account