that property may henceforth inspire more confidence and become more moral, we should keep open all the paths of work for small fortunes, but should prevent the effortless and sudden acquisition of wealth. Accordingly, we should take all the branches of transport and trade which favour the accumulation of large fortunes—especially, therefore, the money market—out of the hands of private persons or private companies, and look upon those who own too much, just as upon those who own nothing, as types fraught with danger to the community. 286. THE VALUE OF LABOUR.—If we try to determine the value of labour by the amount of time, industry, good or bad will, constraint, inventiveness or laziness, honesty or make-believe bestowed upon it, the valuation can never be a just one. For the whole personality would have to be thrown into the scale, and this is impossible. Here the motto is, “Judge not!” But after all the cry for justice is the cry we now hear from those who are dissatisfied with the present valuation of labour. If we reflect further we find every person non-responsible for his product, the labour; hence merit can never be derived therefrom, and every labour is as good or as bad as it must be through this or that necessary concatenation of forces and weaknesses, abilities and desires. The worker is not at liberty to say whether he shall work or not, or to decide how he shall work. Only the standpoints of usefulness, wider and narrower, have created the valuation of labour. What we at present call justice does very well in this sphere as a highly refined utility, which does not only consider the moment and exploit the immediate opportunity, but looks to the permanence of all conditions, and thus also keeps in view the well-being of the worker, his physical and spiritual contentment: in order that he and his posterity may work well for our posterity and become trustworthy for longer periods than the individual span of human life. The _exploitation_ of the worker was, as we now understand, a piece of folly, a robbery at the expense of the future, a jeopardisation of society. We almost have the war now, and in any case the expense of maintaining peace, of concluding treaties and winning confidence, will henceforth be very great, because the folly of the exploiters was very great and long-lasting. 287. OF THE STUDY OF THE SOCIAL BODY.—The worst drawback for the modern student of economics and political science in Europe, and especially in Germany, is that the actual conditions, instead of exemplifying rules, illustrate exceptions or stages of transition and extinction. We must therefore learn to look beyond actually existing conditions and, for example, turn our eyes to distant North America, where we can still contemplate and investigate, if we will, the initial and normal movement of the social body. In Germany such a study requires arduous and historical research, or, as I have suggested, a telescope. 288.