Just as the world has got a new conscience in regard to the wrong of slavery, so is it getting a new conscience in regard to this “great iniquity,” as Tolstoy calls it, of private monopoly in land. This growing ethical conviction will ultimately destroy the illusion that the earth and its resources may, without moral wrong, be monopolized by a fortunate or favored few and the great masses be dispossessed.[730] The new conscience will decree that all of nature’s gifts in land and all increments in its value created by society shall belong to society and shall be the common heritage of the successive generations of men.
(b) Limitation of inheritance
Another of the conventions of our industrial system in which the moral sense of mankind is beginning to recognize an element of inequity is the right of unlimited inheritance. So long as land remains the common property of the community, or so long as there exists substantial equality in wealth among the members or families of a social group, the injustice of this is not apparent. But after great extremes of poverty and wealth have appeared, as in present-day civilization, then the essential injustice of the institution is disclosed; for there is thus created an idle class living on the labor of others. When a single child through the accident of birth becomes the heir of millions, while hundreds of other children come into the world absolutely portionless and at the same time shut out from the use of any bit of the earth even as standing room, then the system becomes a crass denial of human solidarity and brotherhood. And there is in this law of unlimited bequest a double wrong. The child of over-great wealth is wronged as well as the child of poverty. One is born to a life of luxurious leisure, and the other to a life of unremitting toil. Now, as Professor Dewey observes, there is moral value in work and there is moral value in leisure, but “it is beginning to be seen that their values cannot be divided so that one social class shall perform the labor and the other enjoy the freedom.”[731]
Therefore the ethical demand for the modification of our laws of inheritance in such a way that they shall recognize the social as well as the individual element in wealth must be heeded as much out of regard for the children of the overrich as out of regard for the children of the very poor.
(c) Socialism: the democratization of industry
Still another institution of modern industrialism which has come or is coming under the reprobation of the present-day conscience of a rapidly growing number is private capitalism, that is, private ownership of the instruments of production, together with competition and the wage system, the necessary concomitants of this capitalistic régime. These new ethical feelings and convictions form the real motive force in the propaganda of modern socialism. The presupposition of socialism is that not merely ground rents but all returns (interest, dividends, profits) on every form of private capital embody an unearned increment, and that this element should determine the ownership and control of capital. Hence socialists demand that all the material instruments of production now owned by individuals or by a class shall be held in common; that there shall be common, democratic management of production; that competition, as inherently unethical,[732] shall be replaced by coöperation; and that the wage system shall be replaced by a system of distribution by public authority which shall give the manual workers of the world a more equitable share of the products of industry.
Socialism embodies one of the largest funds of ethical feeling that have become active in Western civilization since the incoming of Christianity. In truth, in its real essence and purified form it is the spirit of primitive Christianity at work in the industrial domain. It is a recognition of human fraternity. It is an effort to unite economics and ethics, to make business life a realization of the moral ideal. The aim of true socialists is to make the benefits of science, invention, and civilization a common heritage. They recognize that society can continuously progress only as these benefits become the possession not merely of a few but of all. In the disregard of this immutable law of human progress they discern the main cause of the retrogression, decay, and failure of every great civilization of the past; in its solicitous fulfillment they find the only ground of hope for the constant improvement of human society as a whole and the uninterrupted moral progress of the world.
3. The Ethics of Modern Science
Science and the virtue of intellectual sincerity
We have already referred to the influence of modern science upon morals. This influence has been felt in the fostering of specific virtues and in the creation of a certain attitude of mind toward life and its ethical problems.