Online text of Keracher’s extended essay here.

Producers and Parasites by John Keracher. Charles H. Kerr Publishing Company, Chicago. 1935.

Contents: What Is Money?, Use Values, Value, Gold – The Money Commodity, The Deceptive Pay Envelope, A Standard of Prices, What Do We Mean By Exploitation?, Slavery, The Serf, The Wage-Worker, Surplus-Value, Who Pays The Taxes?, Profits, Re-Investment – the Extension of Industry, Your Job, What Is To Be Done?, The Individual Worker and the Boss, The Power of Knowledge, The Struggle and Its Outcome. 36 pages.

John Keracher (1880-1858) was born in Scotland and settled in Detroit, Michigan in 1909. There he joined the Socialist Party of America as a Marxist. Expelled from the Socialist Party along with the Left Wing in 1919, Keracher had developed ‘Proletarian Clubs’ education societies and supported the Bolshevik Revolution. He and his co-thinkers had a number of important differences with the US Communist movement and, along with supporters, founded the Proletarian Party in 1920. He would lead the Party most of the rest of his life.

The Charles H Kerr publishing house was responsible for some of the earliest translations and editions of Marx, Engels, and other leaders of the socialist movement in the United States. Publisher of the Socialist Party aligned International Socialist Review, the Charles H Kerr Co. was an exponent of the Party’s left wing and the most important left publisher of the pre-Communist US workers movement. The Proletarian Party took over the publishing house until its disbandment in the early 1970s. It remains a left wing publisher today.

PDF of full pamphlet: https://stars.library.ucf.edu/cgi/viewcontent.cgi?article=1653&context=prism