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Updated: May 20, 2025
If you are going to blame "capitalism" for the faults of the press, you are compelled to prove that those faults do not exist except where capitalism controls. That Mr. Sinclair cannot do this, is shown by the fact that while in his diagnosis he traces everything to capitalism, in his prescription he ignores both capitalism and anti-capitalism.
Such are the general and specific charges of modern anti-capitalism against wealth. Like many deep rooted convictions, these rest less on analysis of particular instances than upon axioms received without criticism. The word spoliation does yeoman service in covering with one broad blanket of prejudice the most diverse cases of wealth. But spoliation is assumed, not proved.
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