"It would have been necessary, at least," I said, "to equalize their educational equipment, early advantages, and economic or money backing."
"Precisely so; and that is just what economic equality proposed to do. Your extraordinary contemporaries objected to economic equality because it would destroy the competitive system, when, in fact, it promised the world the first and only genuine competitive system it ever had."
"This objection seems the biggest boomerang yet," I said.
"It is a double-ended one," said the doctor, "and we have yet observed but one end. We have seen that the so-called competitive system under private capitalism was not a competitive system at all, and that nothing but economic equality could make a truly competitive system possible. Grant, however, for the sake of the argument, that the old system was honestly competitive, and that the prizes went to the most proficient under the requirements of the competition; the question would remain whether the qualities the competition tended to develop were desirable ones. A training school in the art of lying, for example, or burglary, or slander, or fraud, might be efficient in its method and the prizes might be fairly distributed to the most proficient pupils, and yet it would scarcely be argued that the maintenance of the school was in the public interest. The objection we are considering assumes that the qualities encouraged and rewarded under the competitive system were desirable qualities, and such as it was for the public policy to develop. Now, if this was so, we may confidently expect to find that the prize-winners in the competitive struggle, the great money-makers of your age, were admitted to be intellectually and morally the finest types of the race at the time. How was that?"
"Don't be sarcastic, doctor."
"No, I will not be sarcastic, however great the temptation, but just talk straight on. What did the world, as a rule, think of the great fortune-makers of your time? What sort of human types did they represent? As to intellectual culture, it was held as an axiom that a college education was a drawback to success in business, and naturally so, for any knowledge of the humanities would in so far have unmanned men for the sordid and pitiless conditions of the fight for wealth. We find the great prize takers in the competitive struggle to have generally been men who made it a boast that they had never had any mental education beyond the rudiments. As a rule, the children and grandchildren, who gladly inherited their wealth, were ashamed of their appearance and manners as too gross for refined surroundings.
"So much for the intellectual qualities that marked the victors in the race for wealth under the miscalled competitive system; what of the moral? What were the qualities and practices which the successful seeker after great wealth must systematically cultivate and follow? A lifelong habit of calculating upon and taking advantage of the weaknesses, necessities, and mistakes of others, a pitiless insistence upon making the most of every advantage which one might gain over another, whether by skill or accident, the constant habit of undervaluing and depreciating what one would buy, and overvaluing what one would sell; finally, such a lifelong study to regulate every thought and act with sole reference to the pole star of self-interest in its narrowest conception as must needs presently render the man incapable of every generous or self-forgetting impulse. That was the condition of mind and soul which the competitive pursuit of wealth in your day tended to develop, and which was naturally most brilliantly exemplified in the cases of those who carried away the great prizes of the struggle.
"But, of course, these winners of the great prizes were few, and had the demoralizing influence of the struggle been limited to them it would have involved the moral ruin of a small number. To realize how wide and deadly was the depraving influence of the struggle for existence, we must remember that it was not confined to its effect upon the characters of the few who succeeded, but demoralized equally the millions who failed, not on account of a virtue superior to that of the few winners, or any unwillingness to adopt their methods, but merely through lack of the requisite ability or fortune. Though not one in ten thousand might succeed largely in the pursuit of wealth, yet the rules of the contest must be followed as closely to make a bare living as to gain a fortune, in bargaining for a bag of old rags as in buying a railroad. So it was that the necessity equally upon all of seeking their living, however humble, by the methods of competition, forbade the solace of a good conscience as effectually to the poor man as to the rich, to the many losers at the game as to the few winners. You remember the familiar legend which represents the devil as bargaining with people for their souls, with the promise of worldly success as the price. The bargain was in a manner fair as set forth in the old story. The man always received the price agreed on. But the competitive system was a fraudulent devil, which, while requiring everybody to forfeit their souls, gave in return worldly success to but one in a thousand.
"And now, Julian, just let us glance at the contrast between what winning meant under the old false competitive system and what it means under the new and true competitive system, both to the winner and to the others. The winners then were those who had been most successful in getting away the wealth of others. They had not even pretended to seek the good of the community or to advance its interest, and if they had done so, that result had been quite incidental. More often than otherwise their wealth represented the loss of others. What wonder that their riches became a badge of ignominy and their victory their shame? The winners in the competition of to-day are those who have done most to increase the general wealth and welfare. The losers, those who have failed to win the prizes, are not the victims of the winners, but those whose interest, together with the general interest, has been served by them better than they themselves could have served it. They are actually better off because a higher ability than theirs was developed in the race, seeing that this ability redounded wholly to the common interest. The badges of honor and rewards of rank and office which are the tangible evidence of success won in the modern competitive struggle are but expressions of the love and gratitude of the people to those who have proved themselves their most devoted and efficient servants and benefactors."
"It strikes me," I said, "so far as you have gone, that if some one had been employed to draw up a list of the worst and weakest aspects of private capitalism, he could not have done better than to select the features of the system on which its champions seem to have based their objections to a change."