Se.
Having in the previous chapter cleared
up a considerable mass of misconception and possibility
of misrepresentation about the attitude of Socialism
to the home, let us now devote a little more attention
to the current theory of property and say just exactly
where Modern Socialism stands in that matter.
The plain fact of the case is that
the Socialist, whether he wanted to or no, would no
more be able to abolish personal property altogether
than he would be able to abolish the human liver.
The extension of one’s personality to things
outside oneself is indeed as natural and instinctive
a thing as eating. But because the liver is necessary
and inevitable, there is no reason why it should be
enlarged to uncomfortable proportions, and because
eating is an unconquerable instinct there is no excuse
for repletion. The position of the modern Socialist
is that the contemporary idea of personal property
is enormously exaggerated and improperly extended
to things that ought not to be “private”;
not that it is not a socially most useful and desirable
idea within its legitimate range.
There can be no doubt that many of
those older writers who were “Socialists before
Socialism,” Plato, for instance, and Sir Thomas
More, did very roundly abolish private property altogether.
They were extreme Communists, and so were many of
the earlier Socialists; in More’s Utopia, doors
might not be fastened, they stood open; one hadn’t
even a private room. These earlier writers wished
to insist upon the need of self-abnegation in the
ideal State, and to startle and confound, they insisted
overmuch. The early Christians, one gathers,
were almost completely communistic, and that interesting
experiment in Christian Socialism (of a rather unorthodox
type of Christianity), the American Oneida community,
was successfully communistic in every respect for
many years. But the modern Socialist is not a
communist; the modern Socialist, making his scheme
of social reconstruction for the whole world and for
every type of character, recognizes the entire impracticability
of such dreams, recognizing, too, it may be, the sacrifice
of human personality and distinction such ideals involve.
The word “property,” one
must remember, is a slightly evasive word. Absolute
property hardly exists-absolute, that is
to say, in the sense of unlimited right of disposal;
almost all property is incomplete and relative.
A man, under our present laws, has no absolute property
even in his own life; he is restrained from suicide
and punished if he attempt it. He may not go offensively
filthy nor indecently clad; there are limits to his
free use of his body. The owner of a house, of
land, of a factory is subject to all sorts of limitations,
building regulations for example, and so is the owner
of horse or dog. Nor again is any property exempt
from taxation. Even now property is a limited
thing, and it is well to bear that much in mind.
It can be defined as something one may do “what
one likes with,” subject only to this or that
specific restriction, and at any time, it would seem,
the State is at least legally entitled to increase
the quantity and modify the nature of the restriction.
The extremest private property is limited to a certain
sanity and humanity in its use.
In that sense every adult now-a-days
has private property in his or her own person, in
clothes, in such personal implements as hand-tools,
as a bicycle, as a cricket-bat or golf-sticks.
In quite the same sense would he have it under Socialism
so far as these selfsame things go. The sense
of property in such things is almost instinctive; my
little boys of five and three have the keenest sense
of mine and (almost, if not quite so vividly)
thine in the matter of toys and garments.
The disposition of modern Socialism is certainly no
more to override these natural tendencies than it
is to fly in the face of human nature in regard to
the home. The disposition of modern Socialism
is indeed far more in the direction of confirming
and insuring this natural property. And again
modern Socialism has no designs upon the money in
a man’s pocket. It is quite true that the
earlier and extreme Socialist theorists did in their
communism find no use for money, but I do not think
there are any representative Socialists now who do
not agree that the State must pay and receive in money,
that money is indispensable to human freedom.
The featurelessness of money, its universal convertibility,
gives human beings a latitude of choice and self-expression
in its spending that is inconceivable without its use.
All such property Socialism will ungrudgingly
sustain, and it will equally sustain property in books
and objects of aesthetic satisfaction, in furnishing,
in the apartments or dwelling-house a man or woman
occupies and in their household implements. It
will sustain far more property than the average working-class
man has to-day. Nor will it prevent savings or
accumulations, if men do not choose to expend their
earnings-nor need it interfere with lending.
How far it will permit or countenance usury is another
question altogether. There will no doubt remain,
after all the work-a-day needs of the world have been
met by a scientific public organization of the general
property in Nature, a great number of businesses and
enterprises and new and doubtful experiments outside
the range of legitimate State activity. In these,
interested and prosperous people will embark their
surplus money as shareholders in a limited liability
company, making partnership profits or losses in an
entirely proper manner. But whether there should
be debentures and mortgages or preference shares,
or suchlike manipulatory distinctions, or interest
in any shape or form, I am inclined to doubt.
A money-lender should share risk as well as profit-that
is surely the moral law in lending that forbids usury;
he should not be allowed to bleed a failing business
with his inexorable percentage and so eat up the ordinary
shareholder or partner any more than the landlord
should be allowed to eat up the failing tenant for
rent. That was once the teaching of Christianity,
and I do not know enough of the history or spiritual
development of the Catholic Church to tell when she
became what she now appears to be-the champion
of the rent-exacting landlord and the usurer against
Socialism. It is the present teaching of Socialism.
If usury obtains at all under the Socialist State,
if inexorable repayments are to be made in certain
cases, it will, I conceive, be a State monopoly.
The State will be the sole banker for every hoard
and every enterprise, just as it will be the universal
landlord and the universal fire and accident and old
age insurance office. In money matters as in public
service and administration, it will stand for the species,
the permanent thing behind every individual accident
and adventure.
Posthumous property, that is to say
the power to bequeath and the right to inherit things,
will also persist in a mitigated state under Socialism.
There is no reason whatever why it should not do so.
There is a strong natural sentiment in favour of the
institution of heirlooms, for example; one feels a
son might well own-though he should certainly
not sell-the intimate things his father
desires to leave him. The pride of descent is
an honourable one, the love for one’s blood,
and I hope that a thousand years from now some descendant
will still treasure an obsolete weapon here, a picture
there, or a piece of faint and faded needlework from
our days and the days before our own. One may
hate inherited privileges and still respect a family
tree.
Widows and widowers again have clearly
a kind of natural property in the goods they have
shared with the dead; in the home, in the garden close,
in the musical instruments and books and pleasant home-like
things. Now, in nine cases out of ten, we do in
effect bundle the widow out; she remains nominally
owner of the former home, but she has to let it furnished
or sell it, to go and live in a boarding-house or
an exiguous flat.
Even perhaps a proportion of accumulated
money may reasonably go to friend or kin. It
is a question of public utility; Socialism has done
with absolute propositions in all such things, and
views these problems now as questions of detail, matters
for fine discriminations. We want to be quit
of pedantry. All that property which is an enlargement
of personality, the modern Socialist seeks to preserve;
it is that exaggerated property that gives power over
the food and needs of one’s fellow-creatures,
property and inheritance in land, in industrial machinery,
in the homes of others and in the usurer’s grip
upon others, that he seeks to destroy. The more
doctrinaire Socialists will tell you they do not object
to property for use and consumption, but only to property
in “the means of production,” but I do
not choose to resort to over-precise definitions.
The general intention is clear enough, the particular
instance requires particular application. But
it is just because we modern Socialists want every
one to have play for choice and individual expression
in all these realities of property that we object
to this monstrous property of a comparatively small
body of individuals expropriating the world.
Se.
I am inclined to think-but
here I speak beyond the text of contemporary Socialist
literature-that in certain directions Socialism,
while destroying property, will introduce a compensatory
element by creating rights. For example, Socialism
will certainly destroy all private property in land
and in natural material and accumulated industrial
resources; it will be the universal landlord and the
universal capitalist, but that does not mean that we
shall all be the State’s tenants-at-will.
There can be little doubt that the Socialist State
will recognize the rights of the improving occupier
and the beneficial hirer. It is manifestly in
accordance both with justice and public policy that
a man who takes a piece of land and creates a value
on it-by making a vineyard, let us say-is
entitled to security of tenure, is to be dispossessed
only in exceptional circumstances and with ample atonement.
If a man who takes an agricultural or horticultural
holding comes to feel that there he will toil and
there later he will rest upon his labours, I do not
think a rational Socialism will war against this passion
for the vine and fig-tree. If it absolutely refuses
the idea of freehold, it will certainly not repudiate
leasehold. I think the State may prove a far
more generous and sentimental landlord in many things
than any private person.
In another correlated direction, too,
Socialism is quite reconcilable with a finer quality
of property than our landowner-ridden Britain allows
to any but the smallest minority. I mean property
in the house one occupies.... If I may indulge
in a quite unauthorized speculation, I am inclined
to think there may be two collateral methods of home-building
in the future. For many people always there will
need to be houses to which they may come and go for
longer and shorter tenancies and which they will in
no manner own. Now-a-days such people are housed
in the exploits of the jerry-builder-all
England is unsightly with their meagre pretentious
villas and miserable cottages and tenement houses.
Such homes in the Socialist future will certainly
be supplied by the local authority, but they will be
fair, decent houses by good architects, fitted to
be clean and lit, airy and convenient, the homes of
civilized people, sightly things altogether in a generous
and orderly world. But in addition there will
be the prosperous private person with a taste that
way, building himself a home as a lease-holder under
the public landlord. For him, too, there will
be a considerable measure of property, a measure of
property that might even extend to a right, if not
of bequest, then at any rate of indicating a preference
among his possible successors in the occupying tenancy....
Then there is a whole field of proprietary
sensations in relation to official duties and responsibility.
Men who have done good work in any field are not to
be lightly torn from it. A medical officer of
health who has done well in his district, a teacher
who has taught a generation of a town, a man who has
made a public garden, have a moral lien upon their
work for all their lives. They do not get it under
our present conditions. I know that it will be
quite easy to say all this is a question of administration
and detail. It is. But it is, nevertheless,
important to state it clearly here, to make it evident
that the coming of Socialism involves no destruction
of this sort of identification of a man with the thing
he does; this identification that is so natural and
desirable-that this living and legitimate
sense of property will if anything be encouraged and
its claims strengthened under Socialism. To-day
that particularly living sort of property-sense is
often altogether disregarded. Every day one hears
of men who have worked up departments in businesses,
men who have created values for employers, men who
have put their lives into an industrial machine, being
flung aside because their usefulness is over, or out
of personal pique, or to make way for favourites,
for the employer’s son or cousin or what not,
without any sort of appeal or compensation. Ownership
is autocracy; at the best it is latent injustice in
all such matters of employment.
Then again, consider the case of the
artist and the inventor who are too often forced by
poverty now to sell their early inventions for the
barest immediate subsistence. Speculators secure
these initial efforts-sometimes to find
them worthless, sometimes to discover in them the
sources of enormous wealth. In no matter is it
more difficult to estimate value than in the case
of creative work; few geniuses are immediately recognized,
and the history of art, literature and invention is
full of Chattertons and Savages who perished before
recognition came, and of Dickenses who sold themselves
unwisely. Consider the immense social benefit
if the creator even now possessed an inalienable right
to share in the appreciation of his work. Under
Socialism it would for all his life be his-and
the world’s, and controllable by him. He
would be free to add, to modify, to repeat.
In all these respects modern Socialism
tends to create and confirm property and rights, the
property of the user, the rights of the creator.
It is quite other property it tends to destroy; the
property, the claim, of the creditor, the mortgagee,
the landlord, and usurer, the forestaller, gambling
speculator, monopolizer and absentee.... In very
truth Socialism would destroy no property at all, but
only that sham property that, like some wizard-cast
illusion, robs us all.
Se.
And now we are discussing the Socialist
attitude towards property, it may be well to consider
a little group of objections that are often made in
anti-Socialist tracts. I refer more particularly
to a certain hard case, the hard case of the Savings
of the Virtuous Small Man.
The reader, if he is at all familiar
with this branch of controversial literature, probably
knows how that distressing case is put. One is
presented with a poor man of inconceivable industry,
goodness and virtue; he has worked, he has saved;
at last, for the security of his old age, he holds
a few shares in a business, a “bit of land”
or-perhaps through a building society-house
property. Would we-the Anti-Socialist
chokes with emotion-so alter the world as
to rob him of that? ... The Anti-Socialist
gathers himself together with an effort and goes on
to a still more touching thought ... the widow!
Well, I think there are assurances
in the previous section to disabuse the reader’s
mind a little in this matter. This solicitude
for the Saving Small Man and for the widow and orphan
seems to me one of the least honest of all the anti-Socialist
arguments. The man “who has saved a few
pounds,” the poor widow woman and her children
clinging to some scrap of freehold are thrust forward
to defend the harvest of the landlord and the financier.
Let us look at the facts of the case and see how this
present economic system of ours really does treat the
“stocking” of the poor.
In the first place it does not guarantee
to the small investor any security for his little
hoard at all. He comes into the world of investment
ill-informed, credulous or only unintelligently suspicious-and
he is as a class continually and systematically deprived
of his little accumulations. One great financial
operation after another in the modern world, as any
well-informed person can witness, eats up the small
investor. Some huge, vastly respectable-looking
enterprise is floated with a capital of so many scores
or hundreds of thousands, divided into so many thousands
of ordinary shares, so many five or six per cent.
preference, so much debentures. It begins its
career with a flourish of prosperity, the ordinary
shares for a few years pay seven, eight, ten per cent.
The Virtuous Small Man provides for his widow and
his old age by buying this estimable security.
Its price clambers to a premium, and so it passes
slowly and steadily from its first speculative holder
into the hands of the investing public. Then comes
a slow, quiet, downward movement, a check at the interim
dividend, a rapid contraction. Consider such
a case as that of the great British Electric Traction
Company which began with ordinary shares at ten, which
clambered above twenty-one (21-7/8), which is now
(October 1907) fluctuating about two. Its six
per cent, preference shares have moved between fourteen
and five and a half. Its ordinary shares represent
a total capital of L1,333,010, and its preference
L1,614,370; so that here in this one concern we have
a phantom appearance and disappearance of over two
million pounds’ worth of value and a real disappearance
of perhaps half that amount. It requires only
a very slight knowledge of the world to convince one
that the bulk of that sum was contributed by the modest
investments of mediocre and small people out of touch
with the real conditions of the world of finance.
These little investors, it is said,
are the bitter champions of private finance against
the municipalities and Socialists. One wonders
why.
One could find a score of parallels
and worse instances representing in the end many scores
of millions of pounds taken from the investing public
in the last few years. I will, however, content
myself with one sober quotation from the New York
Journal of Commerce, which the reader will
admit is not likely to be a willing witness for Socialism.
Commenting on the testimony of the principal witness,
Mr. Harriman, of the Illinois Central Railroad, before
the Inter-State Commerce Commission (March 1907),
it says:-
“On his own admission he was one
of a ‘combine’ of four who got possession
of the Chicago and Alton Railroad, and immediately
issued bonds for $40,000,000, out of the proceeds
of which they paid themselves a dividend of 30
per cent, on the stock they held, besides taking
the bonds at 65 and subsequently selling them
at 90 or more, some of them to life insurance
companies with which Mr. Harriman had some kind of
relation. There were no earnings or surplus
out of which the dividend could be paid, but the
books of the company were juggled by transferring
some $12,000,000 expended for betterments to capital
account as a sort of bookkeeping basis for the
performance.
“Besides this, the Chicago and
Alton Railroad was transformed into a ‘railway,’
and a capitalization of a little under $40,000,000
was swollen to nearly $123,000,000 to cover an actual
expenditure in improvements of $22,500,000. In
the process there was an injection of about $60,600,000
of ‘water’ into the stock held by
the four, some of which was sold to the Union
Pacific, of which Mr. Harriman was president, and more
was ‘unloaded’ upon the Rock Island.
Mr. Harriman refused to tell how much he made
out of that operation.
“It shows how some of our enormous
fortunes are made, as well as what motives and
purposes sometimes prevail in the use of the power
entrusted to the directors and officers of corporations.
It is a simple and elementary principle that all values
are created by the productive activity of capital,
labour and ability in industrial operations of
one kind and another. No wealth comes out
of nothing, but all must be produced and distributed,
and what one gets by indirection another loses
or fails to get. The personal profit of these
speculative operations in which the capital, credit
and power of corporations are used by those entrusted
with their direction come out of the general body
of stockholders whose interests are sacrificed,
or out of the public investors who are lured and
deceived, or out of shippers who are overtaxed for
the service for which railroads are chartered, or out
of all these in varying proportions. In other
words they are the fruits of robbery.”
So that you see it is not only untrue
that Socialism would rob a poor man of his virtuously
acquired “bit of property,” but the direct
contrary is the truth, that the present system, non-Socialism,
is now constantly butchering thrift! Simple
people believe the great financiers win and lose money
to each other. They are not-to put
it plainly-such fools. They use the
public, and the public goes on being used, as a perpetual
source of freshly accumulated wealth. I know one
case of a man of fifty who serves in a shop, a most
industrious, competent man, who has been saving and
investing money all his life in what he had every
reason to believe were safe and sober businesses; he
has been denying himself pleasures, cramping his life
to put by about a third of his wages every year since
he was two-and-twenty, and to-day he has not got his
keep for a couple of years, and his only security
against disablement and old age is his subscription
to a Friendly Society, a society which I have a very
strong suspicion is no better off than most other
Friendly Societies-and that is by no means
well off, and by no means confident of the future.
It is possible to argue that the small
man ought to take more pains about his investments,
but, as a matter of fact, investing money securely
and profitably is a special occupation of extraordinary
complexity, and the common man with a few hundred pounds
has no more chance in that market than he would have
under water in Sydney Harbour amidst a shoal of sharks.
It may be said that he is greedy, wants too much interest,
but that is nonsense. One of the crudest gulfs
into which small savings have gone in the case of
the British public has been the trap of Consols, which
pay at the present price less than three per cent.
Servants and working men with Post Office Savings’
Bank accounts were urged, tempted and assisted to invest
in this solemn security-even when it stood
at 114. Those who did so have now (November 1907)
lost almost a third of their money.
It is scarcely too much to say that
a very large proportion of our modern great properties,
tramway systems, railways, gas-works, bread companies,
have been created for their present owners the debenture
holders and mortgagers, the great capitalists, by the
unintentional altruism of that voluntary martyr, the
Saving Small Man.
Of course the habitual saver can insure
with an insurance company for his old age and against
all sorts of misadventures, and because of the Government
interference with “private enterprise”
in that sort of business, be reasonably secure; but
under Socialism he would be able to do that with absolute
security in the State Insurance Office-if
the universal old age pension did not satisfy him.
That, however, is beside our present discussion.
I am writing now only of the sort of property that
Socialism would destroy, and to show how little benefit
or safety it brings to the small owner now. The
unthinking rich prate “thrift” to the
poor, and grow richer by a half-judicious, half-unconscious
absorption of the resultant savings; that, in brief,
is the grim humour of our present financial method.
It is not only in relation to investments
that this absorption of small parcels of savings goes
on. In every town the intelligent and sympathetic
observer may see, vivid before the eyes of all who
are not blind by use and wont, the slow subsidence
of petty accumulations, The lodging-house and the
small retail shop are, as it were, social “destructors”;
all over the country they are converting hopeful,
enterprising, ill-advised people with a few score or
hundreds of pounds, slowly, inevitably into broken-hearted
failures. It is, to my mind, the crudest aspect
of our economic struggle. In the little High
Street of Sandgate, over which my house looks, I should
say between a quarter and a third of the shops are
such downward channels from decency to despair; they
are sanctioned, inevitable citizen breakers.
Now it is a couple of old servants opening a “fancy”
shop or a tobacco shop, now it is a young couple plunging
into the haberdashery, now it is a new butcher or
a new fishmonger or a grocer. This perpetual
procession of bankruptcies has made me lately shun
that pleasant-looking street, that in my unthinking
days I walked through cheerfully enough. The
doomed victims have a way of coming to the doors at
first and looking out politely and hopefully.
There is a rich and lucrative business done by certain
wholesale firms in starting the small dealer in almost
every branch of retail trade; they fit up his shop,
stock him, take his one or two hundred pounds and give
him credit for forty or fifty. The rest of his
story is an impossible struggle to pay rent and get
that debt down. Things go on for a time quite
bravely. I go furtively and examine the goods
in the window, with a dim hope that this time something
really will come off; I learn reluctantly from my
wife that they are no better than any one else’s,
and rather dearer than those of the one or two solid
and persistent shops that do the steady business of
the place. Perhaps I see the new people going
to church once or twice very respectably, as I set
out for a Sunday walk, and if they are a young couple
the husband usually wears a silk hat. Presently
the stock in the window begins to deteriorate in quantity
and quality, and then I know that credit is tightening.
The proprietor no longer comes to the door, and his
first bright confidence is gone. He regards one
now through the darkling panes with a gloomy animosity.
He suspects one all too truly of dealing with the
“Stores.” ... Then suddenly he has
gone; the savings are gone, and the shop-like
a hungry maw-waits for a new victim.
There is the simple common tragedy of the little shop;
the landlord of the house has his money all
right, the ground landlord has, of course, every penny
of his money, the kindly wholesalers are well out
of it, and the young couple or the old people, as the
case may be, are looking for work or the nearest casual
ward-just as though there was no such virtue
as thrift in the world.
The particular function of the British
lodging-house-though the science of economics
is silent on this point-is to use up the
last strength of the trusty old servant and the plucky
widow. These people will invest from two or three
hundred to a thousand pounds in order to gain a bare
subsistence by toiling for boarders and lodgers.
It is their idea of a safe investment. They can
see it all the time. All over England this process
goes on. The curious inquirer may see every phase
for himself by simply looking for rooms among the apartment
houses of such a region as Camden Town, London; he
will realize more and more surely as he goes about
that none of these people gain money, none of them
ever recover the capital they sink, they are happy
if they die before their inevitable financial extinction.
It is so habitual with people to think of classes
as stable, of a butcher or a baker as a man who keeps
a shop of a certain sort at a certain level throughout
a long and indeterminate life, that it may seem incredible
to many readers that those two typically thrifty classes,
the lodging-letting householder and the small retailer,
are maintained by a steady supply of failing individuals;
the fact remains that it is so. Their little
savings are no good to them, investments and business
beginnings mock them alike: steadily, relentlessly
our competitive system eats them up.
It is said that no class of people
in the community is more hostile to Socialism and
Socialistic legislation than these small owners and
petty investors, these small ratepayers. They
do not understand. Rent they consider in the
nature of things like hunger and thirst; the economic
process that dooms the weak enterprise to ruin is beyond
the scope of their intelligence; but the rate-collector
who calls and calls again for money, for more money,
to educate “other people’s children,”
to “keep paupers in luxury,” to “waste
upon roads and light and trams,” seems the agent
of an unendurable wrong. So the poor creatures
go out pallidly angry to vote down that hated thing
municipal enterprise, and to make still more scope
for that big finance that crushes them in the wine-press
of its exploitation. It is a wretched and tragic
antagonism, for which every intelligent Socialist
must needs have sympathy, which he must meet with
patience-and lucid explanations. If
the public authority took rent there would be no need
of rates; that is the more obvious proposition.
But the ampler one is the cruelty, the absurdity and
the social injury of the constant consumption of unprotected
savings which is an essential part of our present
system.
It is a doctrinaire and old-fashioned
Socialism that quarrels with the little hoard; the
quarrel of modern Socialism is with the landowner
and the great capitalist who devour it.
Se.
While we are discussing the true attitude
of modern Socialism to property, it will be well to
explain quite clearly the secular change of opinion
that is going on in the Socialist ranks in regard to
the process of expropriation. Even in the case
of those sorts of property that Socialism repudiates,
property in land, natural productions, inherited business
capital and the like, Socialism has become humanized
and rational from its first extreme and harsh positions.
The earlier Socialism was fierce and
unjust to owners. “Property is Robbery,”
said Proudhon, and right down to the nineties Socialism
kept too much of the spirit of that proposition.
The property owner was to be promptly and entirely
deprived of his goods, and to think himself lucky
he was not lynched forthwith as an abominable rascal.
The first Basis of the Fabian Society, framed so lately
as 1884, seems to repudiate “compensation,”
even a partial compensation of property owners, though
in its practical proposals the Fabian Society has
always admitted compensatory arrangements. The
exact words of the Basis are “without compensation
though not without such relief to expropriated individuals
as may seem fit to the community.” The
wording is pretty evidently the result of a compromise
between modern views and older teachings. If
the Fabian Society were rewriting its Basis now I
doubt if any section would insist even upon that eviscerated
“without compensation.”
Now property is not robbery.
It may be a mistake, it may be unjust and socially
disadvantageous to recognize private property in these
great common interests, but every one concerned, and
the majority of the property owners certainly, held
and hold in good faith, and do their best by the light
they have. We live to-day in a vast tradition
of relationships in which the rightfulness of that
kind of private property is assumed, and suddenly,
instantly, to deny and abolish it would be-I
write this as a convinced and thorough Socialist-quite
the most dreadful catastrophe human society could experience.
For what sort of provisional government should we
have in that confusion?
Expropriation must be a gradual process,
a process of economic and political readjustment,
accompanied at every step by an explanatory educational
advance. There is no reason why a cultivated property
owner should not welcome and hasten its coming.
Modern Socialism is prepared to compensate him, not
perhaps “fully” but reasonably, for his
renunciations and to avail itself of his help, to relieve
him of his administrative duties, his excess of responsibility
for estate and business. It does not grudge him
a compensating annuity nor terminating rights of user.
It has no intention of obliterating him nor the things
he cares for. It wants not only to socialize his
possessions, but to socialize his achievement in culture
and all that leisure has taught him of the possibilities
of life. It wants all men to become as fine as
he. Its enemy is not the rich man but the aggressive
rich man, the usurer, the sweater, the giant plunderer,
who are developing the latent evil of riches.
It repudiates altogether the conception of a bitter
class-war between those who Have and those who Have
Not.
But this new tolerant spirit in method
involves no weakening of the ultimate conception.
Modern Socialism sets itself absolutely against the
creation of new private property out of land, or rights
or concessions not yet assigned. All new great
monopolistic enterprises in transit, building and
cultivation, for example, must from the first be under
public ownership. And the chief work of social
statesmanship, the secular process of government,
must be the steady, orderly resumption by the community,
without violence and without delay, of the land, of
the apparatus of transit, of communication, of food
distribution and of all the great common services of
mankind, and the care and training of a new generation
in their collective use and in more civilized conceptions
of living.