The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-02-28
A Different Kind of Crisis


There is more unemployment in the United States than at
any other New York capitalist newspaper
that aho per of electric current USED
today than the end of last the streets and alleys are
swarming with unsod human currentthe labor power OF
millions of unemployed.
year the highest peak of employment in manu-
facture and 1923 another peak not quite SO nigh IN EN-
poyment but very much higher production Since 1873 the
employed gone almost steadily downward while the
manufactured goods has almost steadily upward
From production manufacture increased Y per
cent employment increased only Is cent In 1927 pro
ucton 70 cent greater than in 1914 while the NUMBER
of workers employed 1927 only Is cent greater than
in 1914
This indicates the nature of the new kind of crisis
means in the place. army permanently unemployed
army and thrown out of industry by the per-
abolition of their jobs which taken over by machines
speeup system those workers who remain with the
machine examples Since 1928 the petroleum production
Of this country has increased "a per cent but i've per cent newer
producing the "a larger production The meat
5augherng packing industry producing 20 cent more
meat products did 1929 but has permanently dis
charged per its workers since 1928 Railroads
hauling per have discharged cent of
their employees digging four cent
more per fewer digging it. Cotton
textiles electrical equipment etc, show the same trend
Capitalist optimsts point with pretense of confidence to
the large production of automobiles
The Central Committee of Workers (Communs) Party
penary meeting pointed out that the present big
duction of automobiles is competitive production.
Today the auto industry manufacturing about to manu-
the rate of between 100000 and 100000 cars per
year.
But there are 81 5ooOoOOOO worth of automobiles in
country which yet paid for Those which to be
to be sold for cash. but to be sold under
condons first that in probably most an old car will
be accepted part payment for the and second
the price of the be paid the nstamen plan
There is no sufficient market millions used"
There market for the 100000 For
every Sells General Motors will have that
SELL and for that sod the seller will
place of used which cannot be Sold While
100000 purchasers being sought any of them must be
the upper of abor there army rapidly
swelling toward total of 100000 thrown out of industry
and reduced a purchasing power approxmating
This is the big contradictions Capitalism by its very de-
Veopment the disease which destroys it. The richest
country the world has the longest readnes The difference
of crisis that under conditions
but Not the least of these conditions
lies that U. S. capitalism is carrying period
wordcartasm writing in its mortal diseashe
iod of proetarian revolution
Leaders of the great financcapitalst monopoly system
called the United States will try to break their way
of the billion dollar planned by Coolidge and
for the seizure Of foreign continents for mperiast
Thus the danger of mperast before the work
ers no less than industrial misery and collapse
But capitalist way out" is not way out but way
deeper into the misery.
The only out in reality the organization of the work
ing play its heroic part taking alliance with
working farmers the machinery of production under it's
class rule in this period of proearian revolution.
The working class, how backward today
is subject the which evouonize working
American working class will be less revolutionary than
that of any other country.