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WORLD-CRISIS: INDUSTRIAL REYOLUTIONS 279
be added the repercussions of the Indian and Chinese
political activities on international commerce and politics.
A very pertinent question of fundamental importance
in social economics which arises in the present connection
may be worded as follows :-How is it possible
to dissociate the phenomenon of unemployment from the
'question of poverty or prosperity?
A people is to be described as poor when the
national income "per head" of the population is low.
But in the economic phenomenon. associated with the
unemployment crisis of 1929-32 there is hardly anything
to demonstrate in a palpable manner that the income per
head of the population in currency or in goods and
services is lower than it was, say, during 1905-14. If anything,
the real wages and national consumption 16 of the
masses, the "teeming millions," in Great Britain, Germany
and the U.S.A. have been moving on the ascending
·curve. It is to be understood, of course, that