The Journal of Agrarian History
Online ISSN : 2423-9070
Print ISSN : 0493-3567
Historical Character of "the Agricultural Crisis in the Last Quarter of the 19th Century" : An analysis into the structure of world agriculture in the process of "the Great Depression"
Masaji Miyashita
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1967 Volume 10 Issue 1 Pages 26-47

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Abstract

The mechanism of outbreak of "the Agricultural Crisis" was involved in that of "the Great Depression", so the independent agricultural crisis could not occur. "The Agricultural Crisis", as to the original phase of crisis, was the synthesis of the cyclical crises of 1873, 1882 and 1890. The mechanism of overcoming "the Agricultural Crisis" was involved in that of "the Great Depression" of world capitalism. Therefore what was usually called "the Agricultural Crisis in the Last Quarter of the 19th Century" was not only a synthesis of cyclical crises of world agriculture, but also was the great depression of world agriculture involved in "the Great Depression" of world capitalism. And "the Great Depression" was the process through which world capitalism moved from the stage of industrial capitalism into the stage of monopoly-financial capitalism; "the Agricultural Crisis" was the back process of development of world capitalism from the industrial to the monopoly capitalism, therefore it created the basis of alliance between proletariats and peasants for the socialist revolution on the stage of financial-monopoly capitalism.

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© 1967 The Political Economy and Economic History Society
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