§ 1.

It was Karl Marx who brought the second great influx of suggestion into the intellectual process of Socialism. Before his time there does not seem to have been any clear view of economic relationships as having laws of development, as having interactions that began and went on and led towards new things. But Marx had vision. He had—as Darwin and the evolutionists had, as most men with a scientific training, and many educated men without that advantage now have—a sense of secular change. Instead of being content with the accepted picture of the world as a scene where men went on producing and distributing wealth and growing rich or poor, it might be for endless ages, he made an appeal to history and historical analogies, and for the first time viewed our age of individualist industrial development, not as a possibly permanent condition of humanity, but as something unstable and in motion, as an economic process, that is to say, with a beginning, a middle, and as he saw it, an almost inevitable end.

The last thing men contrive to discern in every question is the familiar obvious, and it came as a great and shattering discovery to the economic and sociological thought of the latter half of the nineteenth century that there was going on not simply a production but an immense concentration of wealth, a differentiation of a special wealthy class of landholder and capitalist, a diminution of small property owners and the development of a great and growing class of landless, nearly propertyless men, the proletariat. Marx showed—he showed so clearly that to-day it is recognized by every intelligent man—that given a continuance of our industrial and commercial system, of uncontrolled gain seeking, that is, given a continuance of our present spirit and ideas of property, there must necessarily come a time when the owner and the proletarian will stand face to face, with nothing—if we except a middle class of educated professionals dependent on the wealthy, who are after all no more than the upper stratum of the proletariat—to mask or mitigate their opposition. We shall have two classes, the class-conscious worker and the class-conscious owner, and they will be at war. And with a broad intellectual sweep he flung the light of this conception upon the whole contemporary history of mankind. Das Kapital was no sketch of Utopias, had no limitation to the conditions or possibilities of this country or that. “Here,” he says, in the widest way, “is what is going on all over the world. So long as practically untrammelled private property, such as you conceive it to-day, endures, this must go on. The worker gravitates steadily everywhere to a bare subsistence, the rest of the proceeds of his labour swell the power of the owners. So it will go on while gain and getting are the rule of your system, until accumulated tensions between class and class smash this present social organization and inaugurate a new age.”

In considering the thought and work of Karl Marx, the reader must bear in mind the epoch in which that work commenced. The intellectual world was then under the sway of an organized mass of ideas known as the Science of Political Economy, a mass of ideas that has now not so much been examined and refuted as slipped away imperceptibly from its hold upon the minds of men. In the beginning, in the hands of Adam Smith—whose richly suggestive book is now all too little read—political economy was a broad-minded and sane inquiry into the statecraft of trade based upon current assumptions of private ownership and personal motives, but from him it passed to men of perhaps, in some cases, quite equal intellectual energy but inferior vision and range. The history of Political Economy is indeed one of the most striking instances of the mischief wrought by intellectual minds devoid of vision, in the entire history of human thought. Special definition, technicality, are the stigmata of second-rate intellectual men; they cannot work with the universal tool, they cannot appeal to the general mind. They must abstract and separate. On such men fell the giant’s robe of Adam Smith, and they wore it after their manner. Their arid atmospheres are intolerant of clouds, an outline that is not harsh is abominable to them. They criticized their master’s vagueness and must needs mend it. They sought to give political economy a precision and conviction such a subject will not stand. They took such words as “value,” an incurably and necessarily vague word, “rent,” the name of the specific relation of landlord and tenant, and “capital,” and sought to define them with relentless exactness and use them with inevitable effect. So doing they departed more and more from reality. They developed a literature more abundant, more difficult and less real than all the exercises of the schoolmen put together. To use common words in uncommon meanings is to sow a jungle of misunderstanding. It was only to be expected that the bulk of this economic literature resolves upon analysis into a ponderous, intricate, often astonishingly able and foolish wrangling about terminology.

Now in the early Victorian period in which Marx planned his theorizing, political economy ruled the educated world. Ruskin had still to attack the primary assumptions of that tyrannous and dogmatic edifice. The duller sort of educated people talked of the “immutable laws of political economy” in the blankest ignorance that the basis of everything in this so-called science was a plastic human convention. Humane impulses were checked, creative effort tried and condemned by these mystical formulæ. Political economy traded on the splendid achievements of physics and chemistry and pretended to an inexorable authority. Only a man of supreme intelligence and power, a man resolved to give his lifetime to the task, could afford in those days to combat the pretensions of the political economist; to deny that his categories presented scientific truth, and to cast that jargon aside. As for Marx, he saw fit to accept the verbal instruments of his time (albeit he bent them not a little in use), to accommodate himself to their spirit and to split and re-classify and re-define them at his need. So that he has become already difficult to follow, and his more specialized exponents among Socialists use terms that arouse no echoes in the contemporary mind. The days when Socialism need present its theories in terms of a science whose fundamental propositions it repudiates, are at an end. One hears less and less of “surplus value” now, as one hears less and less of McCulloch’s Law of Wages. It may crop up in the inquiries of some intelligent mechanic seeking knowledge among the obsolescent accumulations of a public library, or it may for a moment be touched upon by some veteran teacher. But the time when social and economic science had to choose between debatable and inexpressive technicalities on the one hand or the stigma of empiricism on the other, is altogether past.

The language a man uses, however, is of far less importance than the thing he has to say, and it detracts little from the cardinal importance of Marx that his books will presently demand restatement in contemporary phraseology, and revision in the light of contemporary facts. He opened out Socialism. It is easy to quibble about Marx, and say he didn’t see this or that, to produce this eddy in a backwater or that as a triumphant refutation of his general theory. One may quibble about the greatness of Marx as one may quibble about the greatness of Darwin; he remains great and cardinal. He first saw and enabled the world to see capitalistic production as a world process, passing by necessity through certain stages of social development, and unless some change of law and spirit came to modify it, moving towards an inevitable destiny. His followers are too apt to regard that as an absolutely inevitable destiny, but the fault lies not at his door. He saw it as Socialism. It did not appear to him as it does to many that there is a possible alternative to Socialism, that the process may give us, not a triumph for the revolting proletariat, but their defeat, and the establishment of a plutocratic aristocracy culminating in imperialism and ending in social disintegration. From his study, from the studious rotunda of the British Museum Reading-room he made his prophecy of the growing class consciousness of the workers, of the inevitable class war, of the revolution and the millennium that was to follow it. He gathered his facts, elaborated his deductions and waited for the dawn.

So far as his broad generalization of economic development goes, events have wonderfully confirmed Marx. The development of Trusts, the concentration of property that America in particular displays, he foretold. Given that men keep to the unmodified ideas of private property and individualism, and it seems absolutely true that so the world must go. And in the American Appeal to Reason, for example, which goes out weekly from Kansas to a quarter of a million of subscribers, one may, if one chooses, see the developing class consciousness of the workers, and the promise—and when strikers take to rifles and explosives as they do in Pennsylvania and Colorado, something more than the promise—of the class war….

But the modern Socialist considers that this generalization is a little too confident and comprehensive; he perceives that a change in custom, law or public opinion may delay, arrest or invert the economic process, and that Socialism may arrive after all not by a social convulsion, but by the gradual and detailed concession of its propositions. The Marxist presents dramatically what after all may come methodically and unromantically, a revolution as orderly and quiet as the precession of the equinoxes. There may be a concentration of capital and a relative impoverishment of the general working mass of people, for example, and yet a general advance in the world’s prosperity and a growing sense of social duty in the owners of capital and land may do much to mask this antagonism of class interests and ameliorate its miseries. Moreover, this antagonism itself may in the end find adequate expression through temperate discussion, and the class war come disguised beyond recognition, with hates mitigated by charity and swords beaten into pens, a mere constructive conference between two classes of fairly well-intentioned albeit perhaps still biassed men and women.