"The two great points of the revolutionary programme--the principle of economic equality and a nationalized industrial system as its means and pledge--the American people were peculiarly adapted to understand and appreciate. The lawyers had made a Constitution of the United States, but the true American constitution--the one written on the people's hearts--had always remained the immortal Declaration with its assertion of the inalienable equality of all men. As to the nationalization of industry, while it involved a set of consequences which would completely transform society, the principle on which the proposition was based, and to which it appealed for justification, was not new to Americans in any sense, but, on the contrary, was merely a logical development of the idea of popular self-government on which the American system was founded. The application of this principle to the regulation of the economic administration was indeed a use of it which was historically new, but it was one so absolutely and obviously implied in the content of the idea that, as soon as it was proposed, it was impossible that any sincere democrat should not be astonished that so plain and common-sense a corollary of popular government had waited so long for recognition. The apostles of a collective administration of the economic system in the common interest had in Europe a twofold task: first, to teach the general doctrine of the absolute right of the people to govern, and then to show the economic application of that right. To Americans, however, it was only necessary to point out an obvious although hitherto overlooked application of a principle already fully accepted as an axiom. "The acceptance of the new ideal did not imply merely a change in specific programmes, but a total facing about of the revolutionary movement. It had thus far been an attempt to resist the new economic conditions being imposed by the capitalists by bringing back the former economic conditions through the restoration of free competition as it had existed before the war. This was an effort of necessity hopeless, seeing that the economic changes which had taken place were merely the necessary evolution of any system of private capitalism, and could not be successfully resisted while the system was retained.