A Plain Analysis of Socialism

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The chattel slave owner desired the ownership of slaves in order that he might command their services. That is exactly why the capitalist JUSTICE AND BENEVOLENCE ^^ desires the ownership of capital, that he may command the services of the wage slave. The more capital he has the more services he may command. Capitalism too is in itself morally wrong, and the "vested rights" under it are also merely rights by sufferance, and can have no morally binding force beyond the time when the people abolis...h them with the system from which they sprang and substitute something better.
Accumulations of wealth, especially great wealth, are largely the result of chance. The owner justifies himself on the ground of the risk he has taken. To this we reply, very well ; the risk is worth something though generally less than the profits, else the fortunes would not exist; but however that may be, no just claim by virtue of risk can possibly extend beyond the close of the competitive system under which all business is to a greater or less extent gambling, when Social- ism will put an end to the gambling and substitute certainty for uncertainty.


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