The same holds true of industry. Take the converse case: instead of turning the agricultural labourers into peasant-proprietors, make over the factories to those who work in them. Abolish the master-manufacturers, but leave the landlord his land, the banker his money, the merchant his Exchange, maintain the swarm of idlers who live on the toil of the workmen, the thousand and one middlemen, the State with its numberless officials, and industry would come to a standstill. Finding no purchasers in the mass of peasants who would remain poor; not possessing the raw material, and unable to export their produce, partly on account of the stoppage of trade, and still more so because industries spread all over the world, the manufacturers would feel unable to struggle, and thousands of workers would be thrown upon the streets. These starving crowds would be ready and willing to submit to the first schemer who came to exploit them; they would even consent to return to the old slavery, if only under promise of work.
Or, finally, suppose you oust the landowners, and hand over the mills and factories to the worker, without interfering with the swarm of middlemen who drain the product of our manufacturers, and speculate in corn and flour, meat and groceries, in our great centres of commerce. Then, as soon as exchange is arrested, the great cities are left without bread, and others find no buyers for their articles of luxury, a terrible
