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Updated: June 25, 2025


Lack of insight into fundamental truths of human nature is evident throughout the writings of the Marxians. The Marxian Socialists, according to Kautsky, defended women in industry: it was right for woman to work in factories in order to preserve her equality with man! Man must not support woman, declared the great French Socialist Guesde, because that would make her the PROLETAIRE of man!

In place of looking for these causes, with the Marxians, in the domain of technique and production, we shall look for them on the market, where all developments which affect labor as a bargainer and competitor, of which technical change is one, are sooner or later bound to register themselves.

The intellectual optimism of a bygone age is no longer possible to the modern student of human nature. Yet it lingers in Marxism, making Marxians rigid and Procrustean in their treatment of the life of instinct. Of this rigidity the materialistic conception of history is a prominent instance.

Marxians never sufficiently recognize that love of power is quite as strong a motive, and quite as great a source of injustice, as love of money; yet this must be obvious to any unbiased student of politics.

The theory of economics in general and of wages in particular, contained in the Bastiat-Schulze von Delitzsch, is substantially the same as that contained in Marx's Critique of Political Economy, published in 1859. Regarded solely as a theoretical socialist, Lassalle is rightly classed among the Marxians.

Capitalism and Marxism are still pitted against each other ideologically, politically, culturally. The Marxians form a revolutionary front. Capitalists retort with counter-revolution. Nation by nation the third world is taking sides.

Militarists offer new schemes of competitive armament. Marxians offer the Third Internationale and industrial revolution. Sentimentalists offer charity and philanthropy. Coordination or correlation is lacking. And matters go steadily from bad to worse. The first essential in the solution of any problem is the recognition and statement of the factors involved.

This work made its appearance in 1899, when the Marxian Socialist movement was still very weak. In it Lenine defended the position of the Marxians, Plechanov and his group, that Russia was not an exception to the general law of capitalist development, as was claimed by the leaders of the People's party, the Narodniki.

After the death of Bebel, the Revisionists, who received their first impulse from Bernstein, overcame the more strict Marxians, and the party became in effect merely one of advanced Radicalism. It is too soon to guess what will be the effect of the split between Majority and Minority Socialists which has occurred during the war.

Other men might have been excused for not foreseeing the attitude of Churchill, Clemenceau and Millerand; but Marxians could not be excused, since this attitude was in exact accord with their own formula. We have seen the symptoms of Bolshevik failure; I come now to the question of its profounder causes. Everything that is worst in Russia we found traceable to the collapse of industry.

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