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417 pages, Paperback
First published January 1, 1971
'Wages had lagged behind prices, with the effect that there was a re-distribution of income in favour of the propertied classes'
'You say, "National prosperity". We say "waste of capital, robbery and abasement of the working class", for the one goes with the other.'
'The government was hopeful in a laissez-faire manner that these preparations would be sufficient. The liberal economic principles of the lawyers and financiers of the Provisional Government made them very unwilling to exercise any restraints on the operation of the free market in the besieged city...By the end of the siege in January, however, the government feared that lack of food might easily lead to agitation in the popular quarters. Reluctantly the government accepted that they would have to "transgress economic principles" and "subscribe to a kind of Socialism" by formerly rationing bread.'