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Updated: June 22, 2025
But in the meanwhile, even before our capitalist society is overthrown and class divisions ended, the very fusing together of the several classes that compose the anti-capitalist party is bringing about a degree of social harmony not seen before. Already the Socialists have succeeded in this way in harmonizing a large number of conflicting class interests.
Reiland also quotes from Ludwig van Mises's "The Anti-Capitalist Mentality": "Many people, and especially intellectuals, passionately loathe capitalism. In a society based on caste and status, the individual can ascribe adverse fate to conditions beyond his control. Everybody knows that many of those he envies are self-made men who started from the same point from which he himself started.
Professor Edward A. Ross very aptly sums up the reformer's objections to the anti-capitalist Socialists. Capitalism must be "divested of its perversions," the privately owned monopolies and their political machines, primarily for the purpose of strengthening it against Socialism.
Both works obviously are anti-capitalist in tendency, and yet, in different degrees and different ways, the capitalist view was stated so fairly, whilst the evil consequences of it were shown so vigorously, that many people who were on the side of the capitalist were forced to think, and therefore to doubt.
"John Tibbets," said my father, solemnly, "Capitalist 'or' Anti-Capitalist, thou hadst a right to follow thine own bent in either, but always provided it had been with thine own money. Thou seest not the thing, John Tibbets, in the right point of view; and a little repentance in the face of those thou hast wronged, would not have misbecome thy father's son and thy sister's brother!"
But I was overruled by that fellow Peck. Says I to him, says I, "Capitalist"! pshaw! no popular interest there; it don't address the great public! Very confined class the capitalists, better throw ourselves boldly on the people. Yes, said I, 'call it the "Anti- Capitalist." By Jove! sir, we should have carried all before us! but I was overruled. The 'Anti-Capitalist'! what an idea!
The Government vouchsafed no information at all but negotiations were carried on both in Pretoria and in Europe. Month after month went by, but the millions were not forthcoming, and the Government believed or affected to believe that their failure was due to a conspiracy among the capitalists, and in retaliation they directed and subsidised a fierce anti-capitalist campaign in their press.
A vast number of people are interested in distorting, or in interpreting partially, whatever is said at the White House, so that any phrase, regardless of its context, each individual act, without reference to its conditions, which could be represented as an encouragement to the anti-capitalist crusade has been seized upon and made the most of.
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