If I am correct in my analysis of the situation, this process of industrial evolution is destined to complete itself, as in the case of the political state. The subject populations of industry are becoming more and more discontented with their servitude, more and more resentful of that authority which compels them to labor while others reap the benefit. They are organizing themselves, and preparing for a social transformation which will parallel in every detail the revolution by which our ancestors overthrew the authority of King George III over the American colonies, and made inhabitants of those colonies no longer subjects of a king, but free and equal citizens of a republic. I expect to see a change throughout the world, which will take the great instruments of production which we call corporations and trusts, out of the hands of their present private owners, and make them the property, either of the entire community, or of those who do the work in them. This change is the "social revolution," and when it has completed itself, we shall have in that society an Industrial Republic, a form of business management which constitutes economic democracy. The history of the world's political revolutions has been written almost exclusively by aristocratic or bourgeois historians; that is to say, by men who, whatever their attitude toward political democracy, have no conception of industrial democracy, and believe that industrial strife and enslavement are the normal conditions of life. If, however, you will read Kropotkin's "Great French Revolution," you will be interested to discover how important a part was played in this revolution by economic forces. Underneath the political discontent of the merchants and middle classes lay a vast mass of social discontent of the peasants and workers. It was the masses of the people who made the revolution, but it was the middle classes who seized it and turned it to their own ends, putting down attempts toward economic equality, and confining the changes, so far as possible, to the political field. And everywhere throughout history, if you study revolutions, you find that same thing happening. You find, for example, Martin Luther fighting for the right to preach the word of God without consulting the Pope; but when the peasants of Germany rose and sought to set themselves free from feudal landlords, Luther turned against them, and called upon the princes to shoot them down. "The ass needs to be beaten, and the populace needs to be controlled with a strong hand." The landlords and propertied classes of England were willing to restrict the power of the king, and to give the vote to the educated and well-to-do; but from the time of Jack Cade to our own they shoot down the poor.