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P. Kropotkin.

Brighton, October, 1912.

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Under the name of profits, rent, interest upon capital, surplus value, and the like, economists have eagerly discussed the benefits which the owners of land or capital, or some privileged nations, can derive, either from the underpaid work of the wage-labourer, or from the inferior position of one class of the community towards another class, or from the inferior economical development of one nation towards another nation. These profits being shared in a very unequal proportion between the different individuals, classes and nations engaged in production, considerable pains were taken to study the present apportionment of the benefits, and its economical and moral consequences, as well as the changes in the present economical organisation of society which might bring about a more equitable distribution of a rapidly accumulating wealth. It is upon questions relating to the right to that increment of wealth that the hottest battles are now fought between economists of different schools.