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means of subsistence, (expansion being impossible), the birth rate of the lower classes would be lessened. Whether by their own initiative, or by the interference of the rulers, it would have to be done, and it would be done. In other words, the oligarchy would mean the capitalization of labor and the enslavement of the whole population. But it would be a fairer, juster form of slavery than any the world has yet seen. The per capita wage and consumption would be increased, and, with a stringent control of the birth rate, there is no reason why such a country should not be so ruled through many generations.
On the other hand, as the capitalistic exploitation of the planet approaches its maximum, and countries are crowded out
