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Updated: August 6, 2024


The Capitalistic parties could have a like bi-national organisation. "These are wild and foolish suggestions" that is possible. They have never, however, been discussed with a view to the objects in question. All efforts in this direction have been concentrated upon an attempt to realize mechanically, by some short and royal road, a result far too great and beneficent to be achieved so cheaply.

The bourgeois of Liége furnished the necessary funds for this innovation, which they were the first in Europe to undertake, so that the new industry soon acquired the same capitalistic character which we have noticed in the metal industry, tapestry and textiles.

The heeded seers of the civilization of this our day have been secular in their outlook. Perhaps the most striking was Karl Marx, in the middle of the capitalistic system tracing its development from feudalism and pointing out as inevitable, long before they came, such modern institutions as the Steel Trust and the Standard Oil Company.

He was convinced that society as at present organized was all wrong and that the feudalism of the middle ages had simply given place to a worse form of slavery capitalistic driven labour which had resulted in the actual iniquitous conditions, the enriching of the rich and the impoverishment of the poor.

His inaugural message and innumerable addresses of his boldly handled the whole trust evil and called for the regulation of capitalistic combinations in the interest of the public. Appreciation of the President's attitude on these matters may be assisted by some notice of the then threatening vigor and universality of the movement toward industrial combination. Mr.

The members of the Capitalistic group and the members of the Labour group are becoming more and more class-conscious; they are solidifying as if they looked forward with a vague dread to what they regard as an inevitable class conflict. The same plan, Universal Brotherhood, can reconcile all class differences. Is there any other plan?

An industrial revolution analogous to that in manufacture during the nineteenth century is distinctly probable, and capitalistic agriculture may soon cease to be a contradiction in terms. Like all inventions it will disturb deeply the classicalist tendency, and this disturbance may generate a new impulse to replace the decadent one of the pioneer.

The last and gravest capitalistic industrial crisis will coincide with the social revolution which will bring capitalism to an end. The wage-earning class must under no condition permit itself to be diverted from its revolutionary program into futile attempts to "patch-up" capitalism. The labor struggle must be for the abolition of capitalism.

And as America has waxed great and rich these relations have grown closer, until of recent years it has become hard to determine whether the centre of gravity of this vast capitalistic mass lay to the east or to the west of the Atlantic.

On the other hand, through the influence of the Western capitalistic system, which was penetrating more and more into China, land itself became "capital", an object of speculation for people with capital; its value no longer depended entirely on the rents it could yield but, under certain circumstances, on quite other things the construction of railways or public buildings, and so on.

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