British Socialism — Part 188-Cedar Herald Index

The Fabian organ looks at Free Trade and Protection merely as a business proposition. "We care nothing for abstract Cobdenite economics, and are quite willing to welcome Tariff Reform if its advocates show us that it can be used as a lever for raising the standards of life and labour. The Labour party is therefore eminently wise in seeing how far it can be used for their advantage. Protectionism of the Australian Labour party is the right kind of Protectionism--Labour-Protectionism: a very different thing from the Capital-Protectionism which is (with a few exceptions) the characteristic mark of Tariff Reformers in this country."[814]

Some revolutionary Socialists are in favour of Free Trade because they hope that it will bring on a revolution in Great Britain. Their great leader, Karl Marx, taught sixty years ago, when Free Trade was being introduced: "The Protective system is nothing but a means of establishing manufacture upon a large scale in any given country. Besides this, the Protective system helps to develop free competition within a nation. Generally speaking, the Protective system in these days is conservative, while the Free Trade system works destructively. It breaks up old nationalities and carries the antagonism of proletariat and bourgeoisie to the uttermost point. In a word, the Free Trade system hastens the social revolution. In this revolutionary sense alone I am in favour of Free Trade."[815] Those Socialist revolutionaries who wish to increase the misery of the people, hoping that unbearable poverty, owing to increasing unemployment and consequent want, will at least madden the people and cause a revolution--they remember that the great French revolutions were also brought about by unemployment and consequent widespread misery--are the most determined champions of Free Trade.

British Socialism — Part 188