Contemporary Socialism

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C. Scribner's sons, 1901 - Socialism - 555 pages
 

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Page 352 - ... the duty of erecting and maintaining certain public works and certain public institutions, which it can never be for the interest of any individual, THE WEALTH OF NATIONS [Book IV or small number of individuals, to erect and maintain, because the profit could never repay the expense to any individual or small number of individuals, though it may frequently do much more than repay it to a great society.
Page 144 - Centralization of credit, in the hands of the State, by means of a national bank with State capital and an exclusive monopoly.
Page 352 - According to the system of natural liberty, the sovereign has only three duties to attend to $ three duties of great importance, indeed, but plain and intelligible to common understandings : first, the duty of protecting the society from the violence and invasion of other independent societies...
Page 485 - What I, therefore, propose, as the simple yet sovereign remedy, which will raise wages, increase the earnings of capital, extirpate pauperism, abolish poverty, give remunerative employment to whoever wishes it, afford free scope to human powers, lessen crime, elevate morals, and taste, and intelligence, purify government and carry civilization to yet nobler heights, is — to appropriate rent by taxation.
Page 439 - The truth that I have tried to make clear will not find easy acceptance. If that could be, it would have been accepted long ago. If that could be, it would never have been obscured. But it will find friends — those who will toil for it; suffer for it; if need be, die for it. This is the power of Truth.
Page 460 - Why, in spite of increase in productive power, do wages tend to a minimum which will give but a bare living...
Page 351 - Every man, as long as he does not violate the laws of justice, is left perfectly free to pursue his own interest his own way, and to bring both his industry and capital into competition with those of any other man, or order of men. The sovereign is completely discharged from a duty, in the attempting to perform which he must always be exposed to innumerable delusions, and for the proper performance of which no human wisdom or knowledge could ever be sufficient; the duty of superintending the industry...
Page 463 - I assert that in any given state of civilization a greater number of people can collectively be better provided for than a smaller. I assert that the injustice of society, not the niggardliness of nature, is the cause of the want and misery which the current theory attributes to over-population. I assert that the new mouths which an increasing population calls into existence require no more food than the old ones, while the hands they bring with...
Page 5 - While we repudiated with the greatest energy that tyranny of society over the individual which most Socialistic systems are supposed to involve, we yet looked forward to a time when society will no longer be divided into the idle and the industrious ; when the rule that they who do not...
Page 441 - Where the conditions to which material progress everywhere tends are most fully realized — that is to say, where population is densest, wealth greatest, and the machinery of production and exchange most highly developed — we find the deepest poverty, the sharpest struggle for existence, and the most of enforced idleness.

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