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Updated: May 18, 2025


The moneyed class now grew powerful, and began to reach out and absorb the natural resources of the country and to organize for its profit the labor of the people. In a word, the growth of the plutocracy became vigorous.

They would have thought any one mad who talked of shipping American men by the hundreds of thousands conscripts to die on the fields of France...." The American plutocracy was magnified, deified, and consecrated to the task of making the world safe for democracy. Exploiters had turned saviors and were conducting a campaign to raise $100,000,000 for the Red Cross.

For the real beginning of humanity we refer you to Darwin's Origin of Species. And then the modern man would go on to justify plutocracy to the mediaeval man by talking about the Struggle for Life and the Survival of the Fittest; and how the strongest man seized authority by means of anarchy, and proved himself a gentleman by behaving like a cad.

In the first week of September came Stokely with Senator Hereford, the chairman of the "Plutocracy" campaign committee. "I shall not annoy you with evasions," said Hereford, "as Mr. Stokely assures me that I may speak freely to you, that you personally are with us. The fact is, our campaign is in a bad way, especially in New York State, and there especially in New York City."

Simili-champagne is consumed where no Frenchman would dream of drinking "fizz," for across the Channel the detestable snobbishness of the English in relation to champagne is imitated chiefly by the modern plutocracy and by the prosperous members of what is alleged to be the most ancient, if hardly the most honourable, of professions.

If the spheres in which Plutocracy made most of its money had been Democratic, then the Democratic Party would have served the Plutocracy. As it was, in the practical relation between the parties, the Democrats got their share of the spoils, and the methods of a Democratic Boss, like Senator Gorman, did not differ from those of a Republican Boss, like Senator Aldrich.

They had no normal life of their own, with independent traditions and self-respect; and for the same reason that an essentially worn-out aristocracy may so long preserve a considerable degree of vigour and even of social utility under certain circumstances by means of tenacious pride in its own order, a new plutocracy is demoralised from the very beginning of its existence by want of a similar kind of pride in itself, and by the ignoble necessity of craving the countenance of an upper class that loves to despise and humiliate it.

Carthage was a plutocracy and the real power of the state lay in the hands of a dozen big ship-owners and mine-owners and merchants who met in the back room of an office and regarded their common Fatherland as a business enterprise which ought to yield them a decent profit. They were however wide awake and full of energy and worked very hard.

There is a certain daily paper in England towards which I feel very much as Tom Pinch felt towards Mr. Pecksniff immediately after he had found him out. The war upon Dickens was part of the general war on all democrats, about the eighties and nineties, which ushered in the brazen plutocracy of to-day.

Another contrast that between the splendor, the happiness, the atmosphere of kindly admiration surrounding the young couple, and the price paid for it under our abominable social arrangements in the misery, squalor and degradation of millions of other young couples is drawn at the same moment by a novelist, Mr Upton Sinclair, who chips a corner of the veneering from the huge meat packing industries of Chicago, and shows it to us as a sample of what is going on all over the world underneath the top layer of prosperous plutocracy.

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