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Sellars says that socialism is a democratic movement, the purpose of which is to secure an economic organization of society that will give a maximum of justice, liberty and efficiency. Drake, in "Democracy Made Safe," says that socialism implies equality everywhere; more than that, it means social, political, economic and legal equality throughout the earth.
Every one, of course, must wish to ease to the utmost the unprecedented economic and industrial confusion which the signing of peace will bring, but it will be better to risk a good deal of momentary unemployment and discontent rather than neglect the human factor and keep men back long months in a service of which they will be deadly sick.
If the credit of the government is good, if the emergency is of short duration, matters right themselves and the economy survives without serious derangements. But war-emergency disrupts and sometimes destroys an economy. This outcome often results from military defeat. Another exception to normal economic transactions is buying on credit buying today and paying tomorrow.
"There would have been in some parts," I remarked, "a strong prejudice on the part of the white population against any system which compelled a closer commingling of the races." "So we read, but there was absolutely nothing in the new system to offend that prejudice. It related entirely to economic organization, and had nothing more to do then than it has now with social relations.
He was charmingly kind; he entered with the sweetest interest into the story of my economic life, which had been full of changes and chances already. But when I said very seriously that now I was tired of these fortuities, and would like to be settled in something, he asked, with dancing eyes, "Why, how old are you?" "I am twenty-three," I answered, and then the laughing fit took him again.
Neither the causes of Bolshevism in its morbid manifestations nor the unformulated ideas underlying whatever positive aspect it may be supposed to possess, nor the conditions governing its slow but perceptible evolution, were so much as glanced at, much less studied, by the statesmen who blithely set about dealing with it now by military force, now by economic pressure, and fitfully by tentative forbearance and hints to its leaders of forthcoming recognition.
The remaining part of the lower class consisted of impoverished Chinese peasants. This whole lower section of the population rarely took any active and visible part in politics, except at times in the form of great popular risings. Until the third century, the south had been of no great economic importance, in spite of the good climate and the extraordinary fertility of the Yangtze valley.
It's a good idea for America. Our third challenge is to help every American who is willing to work for it, achieve economic security in this new age. People who work hard still need support to get ahead in the new economy. They need education and training for a lifetime. They need more support for families raising children. They need retirement security. They need access to health care.
Women occupy a more fortunate biologic, and in many countries, a more fortunate economic position, in the increasingly intensified struggle for existence. And the preferred class, the biologically and economically favored class, or sex, has rarely been efficient-to-do, has never been revolutionary to attack a social system that accords advantage to it.
One was the miserable condition of society, still only partially rescued from the ravages of the barbarians, and half organised, almost without industry and commerce; the other was the absence of all economic tradition.
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