This criticism of society is valuable, but its effect is mainly
negative. We may go on to claim, however, that socialism, when purified
from materialism, from the too revolutionary, absolute, and abstract
elements with which it has been associated in history, can render a
positive and substantial service to human improvement that would be
vastly more valuable than any criticism. It may be maintained that in
its main aim and tendency socialism is perfectly sound and right. For
amidst much error and exaggeration it has brought out the type of social
economic organisation which in the future should and will prevail.
In previous chapters it has been made abundantly clear that the
characteristic feature of the present economic order lies in the fact
that industry is carried on by private competing capitalists served by
wage-labour. According to socialism the industry of the future should be
carried on by free associated workers rationally utilising a united
capital with a view to an equitable system of distribution. As we have
already had occasion to say, no formal statement can rightly give
expression to the meaning of a great historical movement. But in such
language we believe the contrast between the old order and the new can
be most simply and at the same time with due adequacy expressed.
The same type of industrial organisation has been well set forth by J.
S. Mill in these words: “The form of association, however, which, if
mankind continue to improve, must be expected in the end to predominate,
is not that which can exist between a capitalist as chief and workpeople
without a voice in the management, but the association of the labourers
themselves on terms of equality, collectively owning the capital with
which they carry on their operations, and working under managers elected
and removable by themselves.”[1] Mill’s view of the subject, it may be
remarked in passing, was derived from the study of French and English
socialists. His good sense saved him from the utopian extravagance of
these writers, and as he had little sympathy with the peculiarly German
ways of thought, he shows no tendency to the abstractness of the
specialists of the Fatherland. The result is a conception of socialism
which is at once intrinsically more reasonable, more adapted to the
English mind and to universality, than any other offered by prominent
economists. And in this connection we need hardly add that by the
English mind we mean the mind of the English-speaking people; also,
notwithstanding all that may be said to the contrary, that the English
type of society has the best claim to universality, because it has best
succeeded in reconciling and realising the fundamental requirements of
order and freedom.
Public-domain text, read in full here on John Shaqi.
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