chapter  2
4 Pages

THE REVISION OF THE DIALECTIC

THE END OF HEGELIANISM trative forces ... In the free competition of manufacturers preceding combination the chronic condition is one of 'overproduction,' in the sense that all the mills or factories can only be kept at work by cutting prices down towards a point where the weaker competitors are forced to close down, because they cannot sell their goods at a price which covers the true cost of production.26