§ 4.
Let me here insert a very brief paragraph to point out one particular thing, and that is that Socialism does not propose to “abolish competition”—as many hasty and foolish antagonists declare. If the reader has gone through what has preceded this he will know that this is not so. Socialism trusts to competition, looks to competition for the service and improvement of the world. And in order that competition between man and man may have free play, Socialism seeks to abolish one particular form of competition, the competition to get and hold property—even to marry property, that degrades our present world. But it would leave men free to compete for fame, for service, for salaries, for position and authority, for leisure, for love and honour.