ABSTRACT

The only part of the so-called national wealth that actually enters into the collective possession of a modern nation is – the national debt. [. . .] Along with the national debt there arose an international credit system, which often conceals one of the sources of primitive accumulation in this or that people. [. . .] A great deal of capital, which appears today in the United States without any birth-certificate, was yesterday, in England, the capitalized blood of children.