The case may now be summed up as follows:
First. Prison labor is bad; it has a demoralizing effect on capitalist trade and industry.
Second. Child labor, tenement house and every other form of cheap labor is bad; it is destructive of trade and industry.
Third. Capitalist competition is bad; it creates a demand for cheap labor.
Fourth. Capitalist production is bad; it creates millionaires and mendicants, economic masters and slaves, thus intensifying the class struggle.
This indicates that the present capitalist system has outlived its usefulness, and that it is in the throes of dissolution. Capitalism is but a link in the chain of social and economic development. Just as feudalism developed capitalism and then disappeared, so capitalism is now developing socialism, and when the new social system has been completely evolved the last vestige of capitalism will fade into history.
The gigantic trust marks the change in production. It is no longer competitive but co-operative. The same mode of distribution, which must inevitably follow, will complete the process.
Co-operative labor will be the basis of the new social system, and this will be for use and not for profit. Labor will no longer be bought and sold. Industrial slavery will cease. For every man there will be the equal right to work with every other man and each will receive the fruit of his labor. Then we shall have economic equality. Involuntary idleness will be a horror of the past. Poverty will relax its grasp. The army of tramps will be disbanded because the prolific womb which now warms these unfortunates into life will become barren. Prisons will be depopulated and the prison labor problem will be solved.
Each labor-saving machine will lighten the burden and decrease the hours of toil. The soul will no longer be subordinated to the stomach. Man will live a complete life, and the march will then begin to an ideal civilization.
There is a proverb which the Latin race sent ringing down the centuries which reads, “Omnia vincit amor,” or “Love conquers all things.” Love and labor in alliance, working together, have transforming, redeeming and emancipating power. Under their benign sway the world can be made better and brighter.