the working force available for the service of the pomp and pleasures of
the masters as unproductive laborers has always been relatively small.
But in the plutocratic empire we are imagining, the genius of invention,
through labor-saving machinery, would have enabled the masters to devote
a greater proportion of the subject population to the direct service of
their state and luxury than had been possible under any of the historic
despotisms. The abhorrent spectacles of men enthroned as gods above
abject and worshiping masses, which Assyria, Egypt, Persia, and Rome
exhibited in their day, would have been eclipsed."
"That will do, Helen," said the teacher. "With your testimony we will
wind up our review of the economic system of private capitalism which the
great Revolution abolished forever. There are of course a multitude of
other aspects and branches of the subject which we might take up, but the
study would be as unprofitable as depressing. We have, I think, covered
the essential points. If you understand why and how profits, rent, and
interest operated to limit the consuming power of most of the community
to a fractional part of its productive power, thereby in turn
correspondingly crippling the latter, you have the open secret of the
poverty of the world before the Revolution, and of the impossibility of
any important or lasting improvement from any source whatever in the
economic circumstances of mankind, until and unless private capitalism,
of which the profit system with rent and interest were necessary and
inseparable parts, should be put an end to."
CHAPTER XXIX.
I RECEIVE AN OVATION.
"And now," the teacher went on, glancing at the gallery where the doctor
and I had been sitting unseen, "I have a great surprise for you. Among
those who have listened to your recitation to-day, both in the forenoon
and afternoon, has been a certain personage whose identity you ought to
be able to infer when I say that, of all persons now on earth, he is
absolutely the one best able, and the only one fully able, to judge how
accurate your portrayal of nineteenth-century conditions has been. Lest
the knowledge should disturb your equanimity, I have refrained from
telling you, until the present moment, that we have present with us this
afternoon a no less distinguished visitor than Julian West, and that with
great kindness he has consented to permit me to present you to him."
Public-domain text, read in full here on John Shaqi.
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