The industrial republic: a study of the America of ten years henceSinclair, Upton
History
The industrial republic: a study of the America of ten years hence
Sinclair, Upton
Socialism -- United States; United States -- Economic conditions -- 1865-1918; United States -- Social conditions -- 1865-1918
Do not fail to mark the word “compelled.” If we cannot sell them, we
cannot make profits; and if we cannot make profits, we cannot pay
dividends. “I am a great clamourer for dividends,” said Mr. Rockefeller;
and other captains of industry share in his weakness. And when a few
years ago they found that foreign markets were beginning to fail, they
set to work to remedy the evil in the only other possible way—by
combining, and limiting the product, and raising prices. And that brings
us to the other great symptom of the approach of the breakdown—the
organising of the trusts. For six or eight years the process has been
going on, irresistibly, automatically—while the country raged and
stormed, and poured out its wrath upon the greedy capitalist. And yet
the capitalist was no more to blame than a steam-engine that turns aside
when it comes to a switch. The capitalist was making profits; and he
saw, by the cessation of his profits, that the industrial machine of the
country was getting too big for the country’s use. Unless he, and the
machine also, were to go to smash, competition in that particular
industry must be ended.
The work is done now; we have only to sit by and wait until the people
get through trying to undo it. I never realise more keenly the naïve and
touching incompetence of our so-called intellectual classes, than when I
reflect that while our men of action have been accomplishing this mighty
work—one of the greatest labours ever wrought for civilisation—our
benevolent editors and college presidents have gone right on with their
prattling of “freedom of contract” and “_laissez faire_.” And actually,
civilisation must sit by and wait ten years, until our people have got
through butting their heads against the granite wall of this
accomplished fact!
But we Socialists have to take the world as we find it, and cultivate a
cheerful disposition; and so behold our great national spectacle, the
morality-play of the terrible hundred-headed monster of Competition! The
terrible monster has killed and destroyed himself, according to the
nature of him; but now by Congressional statute and Supreme Court decree
he has been patched together again, and will be compelled to go on
fighting! Or at least he shall be stuffed and mounted, and shall look as
if he were fighting! He shall have wires attached to his joints and
electric lights to gleam from his eyes; he shall be taken out in the
gorgeous Presidential campaign chariot, drawn by the Grand Old Party
elephant, and all the people shall see him, and marvel at his ferocity,
and at the deadly conflict he wages among his various heads! Come now, O
people!—come editors and statesmen and judges and bishops—come and see
how the terrible hundred-headed monster rends and tears himself, and
shout for four years more of the “full dinner-pail.”
Public-domain text, read in full here on John Shaqi.
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