9 chapters
5 hour read
Selected Chapters
9 chapters
INTRODUCTION
INTRODUCTION
The thought of the time has familiarised us with the evolutionary view of things; we understand that life is the product of an inner impulse, labouring to embody itself in the world of sense; and that the product is always changing—that there is nothing permanent save the principles and laws in accordance with which development goes on. We understand that the universe of things was evolved by slow stages into what it is to-day, that all life has come into being in the same way. We have traced th
7 minute read
CHAPTER I THE COMING CRISIS
CHAPTER I THE COMING CRISIS
The thing which most impresses the student of the Civil War struggle, is how generally and completely the people who lived through it failed to understand it themselves. We of the present day know that the War was a clash between two incompatible types of civilisation; between an agricultural and conservative aristocracy, and a commercial and progressive democracy. We can see that each society developed in its people a separate point of view, separate customs and laws, ideals and policies, liter
22 minute read
CHAPTER II INDUSTRIAL EVOLUTION
CHAPTER II INDUSTRIAL EVOLUTION
Herbert Spencer gives a definition of Evolution, phrased in technical terms, which might be roughly summed up in these words: A process whereby many similar and simple things become dissimilar parts of one complex thing. If we trace, for instance, the evolution of human society, we see about as follows: In the beginning man exists in widely scattered and unrelated tribes, having a very loosely organised government, each individual doing about as he pleases, and all individuals being very much th
45 minute read
CHAPTER III MARKETS AND MISERY
CHAPTER III MARKETS AND MISERY
I gave in the first chapter a brief outline of my view of the process of wealth-concentration. It is now time to consider the present status of affairs, and determine if we can exactly how near to completion our industrial machinery has come. Because of the vital part which the question of foreign markets has played and must play in our affairs, it is necessary that this inquiry should include a careful survey of conditions in the rest of the world. The manufactures of the United States have gro
29 minute read
CHAPTER IV SOCIAL DECAY
CHAPTER IV SOCIAL DECAY
If my analysis of the industrial process be correct, there will be two developments observable in our society: the first a material change, a kind of economic apoplexy, the concentration of wealth in one portion of society, accompanied by an intensification of competition, a falling in the rate of interest, and a steady rise in the cost of living; and second, a spiritual change coincident with the material one, a protest against the rising frenzy of greed, and against the constantly increasing e
2 hour read
MEDICINAL PRODUCTS
MEDICINAL PRODUCTS
“Turning from the iron and steel industry, we might take quinine, and many other medicinal products; we might take chemicals, many of them most essential in manufacturing industry; we might take borax, which sells in America at seven and one-half cents per pound, and in Britain at two and one-half cents per pound, because the Dingley duty is exactly five cents per pound; we might take mica, a mining product largely used in the electrical, wall-paper and stove-making industries, and which enjoys
6 minute read
CHAPTER VI THE REVOLUTION
CHAPTER VI THE REVOLUTION
One is at a great disadvantage just at present in picturing an industrial crisis. We are at the very flood-tide of prosperity; the railroads are paralysed by the volume of the country’s business; the coal mines cannot furnish the coal, and the farmers are burning their grain because they cannot get it to market; the steel trust has orders for two years ahead—and so on without limit. I have to ask the reader to picture interest rates going down to zero, at a time when they are higher than they ha
35 minute read
CHAPTER VII THE INDUSTRIAL REPUBLIC
CHAPTER VII THE INDUSTRIAL REPUBLIC
And now let us imagine that society has abolished exploitation and the competitive wage-system, and got its breath and found leisure to examine itself under the new régime. How will it find things proceeding? One of the first objections that you will run up against, if ever you start out to agitate Socialism, is your lack of definiteness. Give us your program, people will say—we want to know what sort of a world you expect to make, and how you are going to make it. And they will grow angry when
43 minute read
CHAPTER VIII THE COÖPERATIVE HOME
CHAPTER VIII THE COÖPERATIVE HOME
In all that I have outlined concerning the Industrial Republic, I have tried to indicate my belief that it will be the creation of no man’s will, but a product of evolution—the result of many forces which are now at work in our society. These forces we can study and analyse; and in picturing their final product, we are not simply indulging in fantastic speculation, but are making scientific deductions. I believe that we have now in our present world the half-developed embryo of everything which
26 minute read