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 of the barefooted shoemaker is as true of nations as it was formerly of artisans. We export the necessary commodities. And we do so, because the workmen cannot buy with their wages what they have produced, and pay besides the rent and interest to the capitalist and the banker.

Not only does the ever-growing need of comfort remain unsatisfied, but strict necessaries are often wanting. "Surplus production" does, therefore, not exist, at least not in the sense which is given to it by the theorists of Political Economy.

Taking another point—all economists tell us that there is a well-proved law: "Man produces more than he consumes." After he has lived on the proceeds of his toil, there remains a surplus. Thus, a family of cultivators produces enough to feed several families, and so forth.

For us, this oft-repeated sentence has no sense. If it meant that each generation leaves something to future generations, it would be true; thus, for example, a farmer plants a tree that will live, maybe, for thirty, forty, or a hundred years, and whose fruits will still be gathered by the farmer's grandchildren. Or he clears a few acres of virgin soil, and we say that the heritage of future generations has been increased by that much. Roads, bridges, canals, his house and his furniture are so much wealth bequeathed to succeeding generations.

But this is not what is meant. We are told that the cultivator produces more than he need