The Passing of the Idle RichMartin, Frederick Townsend
History
The Passing of the Idle Rich
Martin, Frederick Townsend
Rich people -- United States; United States -- Social conditions -- 1865-1918; Wealth -- United States
What are we going to do about it? I wish I could answer the question
in one great, sweeping generality. Unfortunately, I do not believe it
can be answered so. I know that the author of “The Trust: Its Book” has
found an answer in a Utopian partnership between capital and labour.
I know that Mr. Carnegie has found the answer in coöperation. I know
that such skilful writers as Lloyd and Wells have solved the riddle by
Socialism. I know that many thousands of the hardest thinking, hardest
working citizens of this country are pledged already to the doctrine
of government ownership of the sources of wealth. I know that Danton
and Robespierre thought that they had found it when they set up the
guillotine in Paris. I know that the Terrorists of Russia have worked
out their own solution. I know that the Rockefeller Foundation, the
Sage Foundation, and a thousand other mighty charities are intended
as an answer. I know that Samuel Gompers and John Mitchell think that
the extension of trade unionism will solve it. Above all, I know that
many of the seasoned leaders of the social world believe that it will
swiftly solve itself. I believe that Mr. Morgan and his wonderful group
of associates thought they had taken a long step toward the solution
when they threw the entire money power of the United States into the
fight against panic in 1907. They believed that they had earned from
the people of this country undying admiration, endless devotion, and
an end of all warfare, because they thought they had stepped between
panic and its victims.
Yet I cannot believe that any one of these solutions is the right one.
No permanent change in the social structure of this nation can be
accomplished except by a revolution or by the process of evolution, at
which I have vaguely hinted here and there throughout this book.
Education must go on. The professional reformer, the sycophant who
bows before us, the parasite who eats our bread and dispenses the
wisdom of the ages in return, harp upon this theme. Only, to their
mind, education means simply the training of the lower classes into
a traditional habit of mind that will permit the continuance of the
present conditions. To me education has no such meaning. More than any
other class in the United States, we, the rich, need it. We must get it.
We must learn the truth about ourselves, our strength, our weakness,
our true position in the world. We must learn the truth about our
nation, our political institutions, our laws, our misuse of special
privilege, our brigandage of the people’s rights at Washington and at
every state capital in the land. We must learn the truth about the
people, their rights, their wrongs, their power, and their weakness.
Public-domain text, read in full here on John Shaqi.
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