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Updated: June 6, 2025
Yet it is undeniable that socialism in itself need mean no more than the central principle of State-ownership of capital and land. Such a conception is consistent with much private property in other forms than land and capital, and will be worked out in detail differently by different minds. But it is the principle, the essence of it, which justifies any claims made to the use of the name.
Davitt would be further from the recognition and triumph of his principle of State-ownership than he is to-day with a British Parliament hostile to "Home Rule," but apparently not altogether unwilling to make the landlords of Ireland an acceptable burnt-offering upon the altar of imperial unity.
And even if the socialistic dream of state-ownership could be universally realised, the change so long as the outward standard of reality prevailed would not necessarily be for the better, and might well be for the worse.
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