Equality

by Edward Bellamy

"So much for the causes of the Revolution in America, both the general fundamental cause, consisting in the factor newly introduced into social evolution by the enlightenment of the masses and irresistibly tending to equality, and the immediate local causes peculiar to America, which account for the Revolution having come at the particular time it did and for its taking the particular course it did. Now, briefly as to that course:

"The pinching of the economic shoe resulting from the concentration of wealth was naturally first felt by the class with least reserves, the wage-earners, and the Revolution may be said to have begun with their revolt. In 1869 the first great labor organization in America was formed to resist the power of capital. Previous to the war the number of strikes that had taken place in the country could be counted on the fingers. Before the sixties were out they were counted by hundreds, during the seventies by thousands, and during the eighties the labor reports enumerate nearly ten thousand, involving two or three million workers. Many of these strikes were of continental scope, shaking the whole commercial fabric and causing general panics.

"Close after the revolt of the wage earners came that of the farmers--less turbulent in methods but more serious and abiding in results. This took the form of secret leagues and open political parties devoted to resisting what was called the money power. Already in the seventies these organizations threw State and national politics into confusion, and later became the nucleus of the revolutionary party.

"Your contemporaries of the thinking classes can not be taxed with indifference to these signs and portents. The public discussion and literature of the time reflect the confusion and anxiety with which the unprecedented manifestations of popular discontent had affected all serious persons. The old-fashioned Fourth-of-July boastings had ceased to be heard in the land. All agreed that somehow republican forms of government had not fulfilled their promise as guarantees of the popular welfare, but were showing themselves impotent to prevent the recrudescence in the New World of all the Old World's evils, especially those of class and caste, which it had been supposed could never exist in the atmosphere of a republic. It was recognized on all sides that the old order was changing for the worse, and that the republic and all it had been thought to stand for was in danger. It was the universal cry that something must be done to check the ruinous tendency. Reform was the word in everybody's mouth, and the rallying cry, whether in sincerity or pretense, of every party. But indeed, Julian, I need waste no time describing this state of affairs to you, for you were a witness of it till 1887."

"It was all quite as you describe it, the industrial and political warfare and turmoil, the general sense that the country was going wrong, and the universal cry for some sort of reform. But, as I said before, the agitation, while alarming enough, was too confused and purposeless to seem revolutionary. All agreed that something ailed the country, but no two agreed what it was or how to cure it."

"Just so," said the doctor. "Our historians divide the entire revolutionary epoch--from the close of the war, or the beginning of the seventies, to the establishment of the present order early in the twentieth century--into two periods, the incoherent and the rational. The first of these is the period of which we have been talking, and with which Storiot deals with in the paragraphs I have read--the period with which you were, for the most part, contemporary. As we have seen, and you know better than we can, it was a time of terror and tumult, of confused and purposeless agitation, and a Babel of contradictory clamor. The people were blindly kicking in the dark against the pricks of capitalism, without any clear idea of what they were kicking against.

"The two great divisions of the toilers, the wage-earners and the farmers, were equally far from seeing clear and whole the nature of the situation and the forces of which they were the victims. The wage-earners' only idea was that by organizing the artisans and manual workers their wages could be forced up and maintained indefinitely. They seem to have had absolutely no more knowledge than children of the effect of the profit system always and inevitably to keep the consuming power of the community indefinitely below its producing power and thus to maintain a constant state of more or less aggravated glut in the goods and labor markets, and that nothing could possibly prevent the constant presence of these conditions so long as the profit system was tolerated, or their effect finally to reduce the wage-earner to the subsistence point or below as profits tended downward. Until the wage-earners saw this and no longer wasted their strength in hopeless or trivial strikes against individual capitalists which could not possibly affect the general result, and united to overthrow the profit system, the Revolution must wait, and the capitalists had no reason to disturb themselves.

"As for the farmers, as they were not wage-earners, they took no interest in the plans of the latter, which aimed merely to benefit the wage-earning class, but devoted themselves to equally futile schemes for their class, in which, for the same reason that they were merely class remedies, the wage-earners took no interest. Their aim was to obtain aid from the Government to improve their condition as petty capitalists oppressed by the greater capitalists who controlled the traffic and markets of the country; as if any conceivable device, so long as private capitalism should be tolerated, would prevent its natural evolution, which was the crushing of the smaller capitalists by the larger.

"Their main idea seems to have been that their troubles as farmers were chiefly if not wholly to be accounted for by certain vicious acts of financial legislation, the effect of which they held had been to make money scarce and dear. What they demanded as the sufficient cure of the existing evils was the repeal of the vicious legislation and a larger issue of currency. This they believed would be especially beneficial to the farming class by reducing the interest on their debts and raising the price of their product.

"Undoubtedly the currency and the coinage and the governmental financial system in general had been shamelessly abused by the capitalists to corner the wealth of the nation in their hands, but their misuse of this part of the economic machinery had been no worse than their manipulation of the other portions of the system. Their trickery with the currency had only helped them to monopolize the wealth of the people a little faster than they would have done it had they depended for their enrichment on what were called the legitimate operations of rent, interest, and profits. While a part of their general policy of economic subjugation of the people, the manipulation of the currency had not been essential to that policy, which would have succeeded just as certainly had it been left out. The capitalists were under no necessity to juggle with the coinage had they been content to make a little more leisurely process of devouring the lands and effects of the people. For that result no particular form of currency system was necessary, and no conceivable monetary system would have prevented it. Gold, silver, paper, dear money, cheap money, hard money, bad money, good money--every form of token from cowries to guineas--had all answered equally well in different times and countries for the designs of the capitalist, the details of the game being only slightly modified according to the conditions.