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Marx’s Dishonesty in his Quotation of Gladstone

In volume 1 of Capital in Chapter 25, Marx reproduces a selective quotation from William Gladstone on the condition of the working classes in England from a speech Gladstone gave in the House of Commons on 16 April 1863: “On April 16th, 1863, 20 years later, in the speech in which he introduced his Budget [sc. Gladstone said]: ‘From 1842 to 1852 the taxable income of the country increased by 6 per cent In the 8 years from 1853 to 1861 it had increased from the basis taken in 1853 by 20 per...

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