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The cessation of hostilities in the field thus developed a politico-economic problem which had never before confronted any nation in such magnitude and gravity. The situation was at once novel, unprecedented, and in more senses than one, alarming.
The capitalist seeks to hold his own, the laborer demands larger share of the product; and how to render unto each his due is the great politico-economic question, the absorbing question of our time. We have found, then, that the problem is economic, and concerns distribution only. There is no complaint that the capitalist fails to secure his share.
It has made itself felt throughout the campaign and will determine the upshot of the war. And in the politico-economic struggle that will follow the war, it is the same psychological factor which the Allies rate so low that will decide the final issue.
When I had come to an end of his politico-economic scheme the main lines of which were so clear and simple that a child could understand them we fell to talking of the tides, and I told him that in my country the sea went up and down. He was no rustic, and would have no such commonplace truths.
Then, again, in the town of Marseilles, only two years ago, I met a man who looked well fed, and had a stalwart, square French face, and whose politico-economic ideal, though it was not mine, greatly moved me.
It is impossible to reproduce the flavor of this intellectual hippocampus' politico-economic emulsions, they being evidently compounded with thaumaturgis incantations while he is surrounded with jars of jalap, pile remedies, aphrodisiacs and patent liver pills. They should be labelled allopathic purgatives and kept tightly corked.
Nadine Haer was deep into her theme, her eyes flashing her conviction. "A socio-economic system reacts like a living organism. It attempts to live on, indefinitely, agonizingly, no matter how antiquated it might have become. The Roman politico-economic system continued for centuries after it should have been replaced.
The labor unions should be granted their justifiable demand for recognition, partly because only by means of recognition can an effective fight be made against their unjustifiable demands. The large American employer of labor, and the whole official politico-economic system, is placed upon the defensive by a refusal frankly to prefer unionism.
It is an institution so elusive and elastic that the French regard it as capable of being used as a handy instrument for coercing the Teutons, who, in turn, look upon it as a means of recovering their place in the world; the Japanese hope it may become a bridge leading to racial equality, and the governments which devised it are bent on employing it as a lever for their own politico-economic aims, which they identify with the progress of the human race.
The effect he produced on his Cambridge contemporaries deserves to be accounted an historical event; for to it may in part be traced the tendency towards Liberalism in general, and the Benthamic and politico-economic form of it in particular, which showed itself in a portion of the more active-minded young men of the higher classes from this time to 1830.
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