§ 8.
But now the reader unaccustomed to Socialist discussion will begin to see the crude form of the answer to the question raised by the previous chapter; he will see the resources from which the enlargement of human life we there contemplated is to be derived, and realize the economic methods to be pursued. Collective ownership is the necessary corollary of collective responsibility. There are to be no private land owners, no private bankers and lenders of money, no private insurance adventurers, no private railway owners nor shipping owners, no private mine owners, oil kings, silver kings, coal and wheat forestallers or the like. All this realm of property is to be resumed by the State, is to be State-owned and State-managed, and the vast revenues that are now devoted to private ends will go steadily to feed, maintain and educate a new and better generation, to promote research and advance science, to build new houses, develop fresh resources, plant, plan, beautify and reconstruct the world.