China -- Civilization; China -- Foreign relations; China -- Politics and government
The ideal of capitalism, if it could be achieved, would be to destroy
competition among capitalists by means of Trusts, but to keep alive
competition among workers. To some extent Trade Unionism has succeeded
in diminishing competition among wage-earners within the advanced
industrial countries; but it has only intensified the conflict between
workers of different races, particularly between the white and yellow
races.[92] Under the existing economic system, the competition of cheap
Asiatic labour in America, Canada or Australia might well be harmful to
white labour in those countries. But under Socialism an influx of
industrious, skilled workers in sparsely populated countries would be an
obvious gain to everybody. Under Socialism, the immigration of any
person who produces more than he or she consumes will be a gain to every
other individual in the community, since it increases the wealth per
head. But under capitalism, owing to competition for jobs, a worker who
either produces much or consumes little is the natural enemy of the
others; thus the system makes for inefficient work, and creates an
opposition between the general interest and the individual interest of
the wage-earner. The case of yellow labour in America and the British
Dominions is one of the most unfortunate instances of the artificial
conflicts of interest produced by the capitalist system. This whole
question of Asiatic immigration, which is liable to cause trouble for
centuries to come, can only be radically solved by Socialism, since
Socialism alone can bring the private interests of workers in this
matter into harmony with the interests of their nation and of the world.
The concentration of the world's capital in a few nations, which, by
means of it, are able to drain all other nations of their wealth, is
obviously not a system by which permanent peace can be secured except
through the complete subjection of the poorer nations. In the long run,
China will see no reason to leave the profits of industry in the hands
of foreigners. If, for the present, Russia is successfully starved into
submission to foreign capital, Russia also will, when the time is ripe,
attempt a new rebellion against the world-empire of finance. I cannot
see, therefore, any establishment of a stable world-system as a result
of the syndicate formed at Washington. On the contrary, we may expect
that, when Asia has thoroughly assimilated our economic system, the
Marxian class-war will break out in the form of a war between Asia and
the West, with America as the protagonist of capitalism, and Russia as
the champion of Asia and Socialism. In such a war, Asia would be
fighting for freedom, but probably too late to preserve the distinctive
civilizations which now make Asia valuable to the human family. Indeed,
the war would probably be so devastating that no civilization of any
sort would survive it.
Public-domain text, read in full here on John Shaqi.
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