in industrial life. Socialistic promises of equal
industrial opportunities for all. Each “to paddle his own
absurd promises inconsistent with the arguments of
socialist’s attempt to defend these promises
by reference to
employes of the state post-office.
of industrial opportunity for those who believe
themselves possessed of exceptional talent and aspire “to rise.”
for such men involve costly experiment, and are
who would waste them indefinitely more numerous than
those who could use them profitably.
opportunities mean the granting to one man the control
other men by means of wage-capital.
effects of granting such opportunities to all or even
most of those who would believe themselves entitled to them.
remedy for the difficulties besetting the problem of
on human demands. Needs and “romantic wishes.”
not largely alterable. The latter depend mainly on education.
problem practically soluble by a wise moral education
which will correlate demand and expectation with the personal
capacities of the individual.
equality of opportunity, not absolute equality, the
of opportunity, though much talked about by socialists,
is essentially a formula of competition, and opposed to the
principles of socialism.
Thesocial policy of the future
Themoral of this book
This book, though consisting of negative criticism and analysis of facts, and not trenching on the domain of practical policy and constructive suggestion, aims at facilitating a rational social policy by placing in their true perspective the main statical facts and dynamic forces of the modern economic world, which socialism merely confuses.
In pointing out the limitations of labour as a productive agency, and the dependence of the labourers on a class other than their own, it does not seek to represent the aspirations of the former to participate in the benefits of progress as illusory, but rather to place such aspirations on a scientific basis, and so to remove what is at present the principal obstacle that stands in the way of a rational and scientific social policy.
A CRITICAL EXAMINATION OF SOCIALISM
THE HISTORICAL BEGINNING OF SOCIALISM AS AN OSTENSIBLY SCIENTIFIC THEORY