peasant-producer

Updated: May 14, 2025

A forty-pound note would not purchase a pair of boots, and the peasant, very naturally, was not anxious to barter a year's toil for a piece of paper with which he could not even buy a shirt. As long as worthless paper-money whether called assignats or labour notes is offered to the peasant-producer it will always be the same.

kniaz Petr Alekseevich Kropotkin - The Conquest of Bread