capital (to use a slang phrase of the Positivists): that is to say, that a sentiment imported from a religion which looks upon another world as the true sphere of action for mankind, will override the necessities of our daily life in this world. This curious hope is founded on the feeling that a sentiment antagonistic to the full development of commercialism exists and is gaining ground, and that this sentiment is an independent growth of the ethics of the present epoch. As a matter of fact, admitting its existence, as I think we must do, it is the birth of the sense of insecurity which is the shadow cast before by the approaching dissolution of modern society founded on wage-slavery.
The greater part of these schemes aim, though seldom with the consciousness of their promoters, at the creation of a new middle-
class out of the wage-earning class, and at their expense, just as the present middle-class was developed out of the serf-population of the early Middle Ages. It may be possible that such a FURTHER
development of the middle-class lies before us, but it will not be brought about by any such artificial means as the abovementioned schemes. If it comes at all, it must be produced by events, which at present we cannot foresee, acting on our commercial system, and revivifying for a little time, maybe, that Capitalist Society which now seems sickening towards its end.
For what is visible before us in these days is the competitive commercial system killing itself by its own force: profits lessening, businesses growing bigger and bigger, the small employer of labour thrust out of his function, and the aggregation of capital increasing the numbers of the lower middle-class from above rather than from below, by driving the smaller manufacturer into the position of a mere servant to the bigger. The productivity of labour also increasing out of all proportion to the capacity of the capitalists to manage the market or deal with the labour supply:
lack of employment therefore becoming chronic, and discontent therewithal.
All this on the one hand. On the other, the workmen claiming everywhere political equality, which cannot long be denied; and education spreading, so that what between the improvement in the education of the working-class and the continued amazing fatuity of that of the upper classes, there is a distinct tendency to equalization here; and, as I have hinted above, all history shows us what a danger to society may be a class at once educated and socially degraded: though, indeed, no history has yet shown us--what is swiftly advancing upon us--a class which, though it shall have attained knowledge, shall lack utterly the refinement and self-
respect which come from the union of knowledge with leisure and ease of life. The growth of such a class may well make the "cultured"
people of to-day tremble.
Whatever, therefore, of unforeseen and unconceived-of may lie in the womb of the future, there is nothing visible before us but a decaying system, with no outlook but ever-increasing entanglement and blindness, and a new system, Socialism, the hope of which is ever growing clearer in men's minds--a system which not only sees how labour can be freed from its present fetters, and organized unwastefully, so as to produce the greatest possible amount of wealth for the community and for every member of it, but which bears with it its own ethics and religion and aesthetics: that is the hope and promise of a new and higher life in all ways. So that even if those unforeseen economical events above spoken of were to happen, and put off for a while the end of our Capitalist system, the latter would drag itself along as an anomaly cursed by all, a mere clog on the aspirations of humanity.
It is not likely that it will come to that: in all probability the logical outcome of the latter days of Capitalism will go step by step with its actual history: while all men, even its declared enemies, will be working to bring Socialism about, the aims of those who have learned to believe in the certainty and beneficence of its advent will become clearer, their methods for realizing it clearer also, and at last ready to hand. Then will come that open acknowledgment for the necessity of the change (an acknowledgment coming from the intelligence of civilization) which is commonly called Revolution.
It is no use prophesying as to the events which will accompany that revolution, but to a reasonable man it seems unlikely to the last degree, or we will say impossible, that a moral sentiment will induce the proprietary classes--those who live by OWNING the means of production which the unprivileged classes must needs USE--to yield up this privilege uncompelled; all one can hope is that they will see the implicit threat of compulsion in the events of the day, and so yield with a good grace to the terrible necessity of forming part of a world in which all, including themselves, will work honestly and live easily.
