| [THE FABIAN SOCIETY AND ITS WORK.] |
| By WILLIAM CLARKE. | [Page xxiii.] |
| [THE BASIS OF SOCIALISM.] |
| [ECONOMIC] | By G. BERNARD SHAW. |
| Rent. The Cultivation and Population of the Earth.—Economic Origin of the County Family.—Economic Rent of Land and Ability.—Tenant Right.—The Advent of the Proletarian. | [Page 1.] |
| Value. Mechanism of Exchange.—Price and Utility.—Effects of Supply.—Law of Indifference.—Total and Final Utility.—Relation of Value to Cost of Production. | [Page 9.] |
| Wages. The Proletariat.—Sale of Labor.—Subsistence Wage.—Capitalism.—Increase of Riches and Decrease of Wealth.—Divorce of Exchange Value from Social Utility. | [Page 15.] |
| Conclusion. Apparent Discrepancies between History and Theory.—Socialism.—Pessimism and Private Property.—Economic Soundness of Meliorism. | [Page 20.] |
| [HISTORIC] | By SIDNEY WEBB, LL.B., Barrister at Law, Lecturer on Political Economy at the City of London College. |
| The Development of the Democratic Ideal. Ancestry of English Socialism.—The Utopians.—Introduction of the Conception of Evolution.—The Lesson of Democracy. | [Page 26.] |
| The Disintegration of the Old Synthesis. The Decay of Medievalism.—The Industrial Revolution.—The French Revolution.—The Progress of Democracy. | [Page 31.] |
| The Period of Anarchy. Individualism.—Philosophic Radicalism and Laisser-faire.—The Utilitarian Analysis. | [Page 35.] |
| The Intellectual and Moral Revolt; and its Political Outcome. The Poets, Communists, Philosophers, Christian Socialists, and Evolutionists.—The Extension of State Activity.—Existing State Registration, Inspection, and Direct Organization of Labor.—The Radical Programme. | [Page 40.] |
| The New Synthesis. Evolution and the Social Organism.—Liberty and Equality.—Social Health. | [Page 50.] |
| [INDUSTRIAL] | By WILLIAM CLARKE, M.A., Cambridge. |
| The Supersession of Individualist Production. The Cottage Industry.—The Mechanical Inventions.—The Factory System. | [Page 56.] |
| The Growth of the Great Industry. The Expansion of Lancashire.—The White Slavery.—State Interference. | [Page 65.] |
| The Development of the World-Commerce. The Triumph of Free Trade.—The Fight for New Markets.—The Carriers of the World. | [Page 71.] |
| The Differentiation of Manager and Capitalist. The Rise of Co-operation and the Joint Stock Company.—The “Ring” and the “Trust.”—The Despotism of Capitalist Communism. | [Page 76.] |
| [MORAL] | By SYDNEY OLIVIER, B.A., Oxford. |
| The Evolution of Morality. The Common End.—The Conditions of Freedom.—The Individual and the Race.—The Growth of Social Consciousness.—Convention and Law. | [Page 93.] |
| Property and Morals. The Reaction of Property-Forms on Moral Ideas.—Class Morality.—Negation of the Conditions of Freedom.—Social Dissolution. | [Page 104.] |
| The Re-integration of Society. The Ordering of the Primary Conditions.—The Idea of the Poor Law.—Secondary Conditions.—Morality and Reason.—The Idea of the School. | [Page 112.] |
| [THE ORGANIZATION OF SOCIETY.] |
| [PROPERTY UNDER SOCIALISM.] | By GRAHAM WALLAS, M.A., Oxford. |
| Visible Wealth. Consumers’ Capital.—Producers’ Capital. | [Page 120.] |
| Debts and Services. Deferred and Anticipated Consumption.—Interest. | [Page 125.] |
| Ideas. Copyright and Patent Right.—Education. | [Page 132.] |
| [INDUSTRY UNDER SOCIALISM] | By ANNIE BESANT. |
| The Organization of Labor. Rural.—Urban.—International. | [Page 136.] |
| The Distribution of the Product. The Individual.—The Municipality.—The State. | [Page 147.] |
| Social Safeguards. The Stimulus to Labor.—The Provision for Initiative.—The Reward of Excellence. | [Page 150.] |
| [THE TRANSITION TO SOCIAL DEMOCRACY.] |
| [TRANSITION] | By G. BERNARD SHAW. |
| Medievalism to Capitalism. The Old Order.—Merchant Adventurer, Pirate, Slave-Trader, Capitalist.—The Old Order burst by the New Growth.—Chaos. | [Page 157.] |
| Anarchy to State Interference. Political Economy.—Hegelian Conception of the Perfect State.—Socialism: Its Practical Difficulties.—Impracticability of Catastrophic Change.—Democracy the Antidote to Bureaucracy.—The State Interferes. | [Page 160.] |
| State Interference to State Organization. Hard Times.—Revival of Revolutionary Socialism.—Remaining Steps to the Consummation of Democracy.—Machinery of Socialism.—Social Pressure.—Urban Rents.—The New Taxation.—State Organization of Labor its Indispensable Complement.—The Unemployed.—Solution of the Compensation Difficulty.—Economic Reactions of the Progress of Municipal Socialism.—Militant Socialism Abandoned but not Dishonored. | [Page 169.] |
| [THE OUTLOOK] | By HUBERT BLAND. |
| The Condition of English Parties. The Lines of Progress.—The Rate of Progress in Thought and Industry Compared with that in Politics.—Alleged Disappearance of the Whig. | [Page 184.] |
| The Socializing of Politics. Political Myopia.—Sham Socialism.—Red Herrings.—Dreams of Permeating the Liberal Party.—Disillusionment.—The New Departure. | [Page 189.] |
| The Duties of the Hour. The True Line of Cleavage.—Hopes and Fears.—The Solidarity of the Workers. | [Page 198.] |
| [INDEX.] | [Page 203.] |