So far from being in danger of suppression, we middling rich people are
likely to last longer than the capitalists who exploit us in practice, and
the workmen who exploit us on principle. Theoretically, and perhaps
practically, the very rich are in danger of expropriation. Theoretically
the course of invention may limit or almost abolish all but the higher
grades of labor. The need of the more skilful sort of service in the
professions, in manufacture, in agency of all sorts, is sure to persist.
The socialists expect to get such service for much less than it at present
brings, that is to make us poor and yet keep us working. Such a scheme
must break down, not through the refusal of the middling rich to keep at
work;--for I think there is loyalty enough to the work itself to keep most
necessary activities going after a fashion, even under the most untoward
conditions;--but because to make us poor is to destroy the conditions
under which we can efficiently render a somewhat exceptional service. Our
wealth is not an extraneous thing that can be readily added or taken away.
It is our possibility of self-education and of professional improvement,
it is the medium in which we can work, it is our hope of children. To take
away our wealth is to maim us. There is nothing humiliating in such an
avowal. It is merely an assertion of the integrity of one's life and work.
As a matter of fact no class is so well fitted to face the threat of a
proletarian revolution as we harmless rich. It is the class that produces
generals, explorers, inventors, statesmen. A social revolution with its
stern attendant regimentation would bear most heavily on the relatively
undisciplined class of working people. The disciplined class of the
middling rich is better prepared to meet such an eventuality. Accordingly
it is no mere selfishness or complacency that leads the middling rich to
oppose the pretensions of proletarianism on one side and of capitalism on
the other. It is rather the assertion of sound middle class morality
against two opposite yet somewhat allied forms of social immorality--the
strength that exaggerates its claims, and the weakness that claims all the
privileges of strength.
Public-domain text, read in full here on John Shaqi.
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