United States -- Economic conditions -- 1918-1945; United States -- History
The franchise is a potential power, making it theoretically possible for
the electorate to take possession of the country. In practice, the
franchise has had no such result. Quite the contrary, the masters of
American life by a policy of chicanery and misrepresentation, advertise
and support first one and then the other of the "Old Parties," both of
which are led by the members of the propertied class or by their
retainers. The people, deluded by the press, and ignorant of their real
interests, go to the polls year after year and vote for representatives
that represent, in all of their interests, the special privileged
classes.
The economic and social reorganization of the United States during the
past fifty years has gone fast and far. The system of perpetual (fee
simple) private ownership of the resources has concentrated the control
over the natural resources in a small group, not of individuals,
but of corporations; has created a new form of social master, in
the form of a land-tool-job owner; has thus made possible a type of
absentee-landlordism more effective and less human than were any of its
predecessors and has decreased the responsibility at the same time that
it has augmented the power of the owning group. These changes have been
an integral part of a general economic transformation that has occupied
the chief energies of the ablest men of the community for the past two
generations.
The country of many farms, villages and towns, and of a few cities, with
opportunity free and easy of access, has become a country of highly
organized concentrated wealth power, owned by a small fraction of the
people and controlled by a tiny minority of the owners for their benefit
and profit. The country which was rightfully called "our United States"
in 1840, by 1920 was "their United States" in every important sense of
the word.
FOOTNOTES:
[39] "Estimated Valuation of National Wealth, 1850-1912," Bureau of the
Census, 1915, p. 15.
[40] "Addresses of President Wilson," House Doc. 803. Sixty-fourth
Congress, 1st Session (1916), p. 13.
IX. THE DIVINE RIGHT OF PROPERTY
1. _Land Ownership and Liberty_
The owners of American wealth have been molded gradually into a ruling
class. Years of brutal, competitive, economic struggle solidified their
ranks,--distinguishing friend from enemy; clarifying economic laws, and
demonstrating the importance of coördination in economic affairs.
Economic control, once firmly established, opened before the wealth
owning class an opportunity to dominate the entire field of public life.
Before the property owners could feel secure in their possessions, steps
must be taken to transmute the popular ideas regarding "property rights"
into a public opinion that would permit the concentration of important
property in the hands of a small owning class, at the same time that it
held to the conviction that society, without privately owned land and
machinery, was unthinkable.
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