Socialism: Positive and NegativeLa Monte, Robert Rives
Philosophy
Socialism: Positive and Negative
La Monte, Robert Rives
Socialism
The doctrine is stated in nearly the same language by Loria and Ferri,
though Ferri calls it Economic Determinism, which seems to me a much
better and more exact name. Ferri points out that we must not forget the
intellectual factor and the various other factors, which though they are
themselves determined by the economic factor, in their turn become
causes acting concurrently with the economic factor. Loria deals with
this whole subject most exhaustively and interestingly in his recently
translated book "The Economic Foundations of Society." Curiously enough
in this long book he never once gives Marx the credit of having
discovered this theory, but constantly talks as though he--Loria--had
revealed it to a waiting world. The method of his book is the reverse of
scientific, as he first states his theory and conclusions and then
starts to scour the universe for facts to support them, instead of first
collecting the facts and letting them impose the theory upon his mind.
And his book is by no means free from inconsistencies and
contradictions. But while you cannot place yourselves unreservedly and
confidingly in his hands as you can in those of Karl Marx, still his
book has much value. He shows most interestingly how all the connective
institutions, as he calls religious and legal and political
institutions, have been moulded in the interest of the economically
dominant class, and how useful they have been in either persuading or
forcing the so-called "lower classes" to submit to the economic
conditions that were absolutely against their interests. But the system
of Wage Slavery is such a beautifully automatic system, itself
subjugating the workers and leaving them no choice, that I cannot see
that the capitalists have any further need of any of these connective
institutions save the State. At all events, these institutions are fast
losing their power over the minds of men. But the most valuable part of
his book is the immense mass of evidence he has collected showing how
political sovereignty follows economic sovereignty or rather, revenue,
and how all past history has been made up of a series of contests
between various kinds of revenue, particularly between rent from landed
property and profits from industrial or manufacturing capital, but as
this is nothing more than the Class Struggle between the landed
aristocracy and the bourgeoisie, a struggle sketched by master hands in
the Communist Manifesto of Marx and Engels, we can give Loria no credit
for originality, but merely praise his industry in collecting evidence.
Public-domain text, read in full here on John Shaqi.
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