This glance at the historical evolution of economic doctrine opens the way to the rectification of all the errors of which the different schools of political economy have--even in their quest after truth--been guilty. It is seen that the great inquirers and thinkers of past centuries, in their vast work of investigation and analysis of economic facts, approached so very near to the full and complete cognisance of the true connection of all phenomena, that it needed but a little more labour in order to construct a thoroughly harmonious definitive economic theory based upon the solution, at last discovered, of the long vexed problem.

I zealously threw myself into this task, and had proceeded with it a considerable way--to the close of a thick first volume, containing a new treatment of the theory of value; but when at work on the classical theory of capital, I made a discovery which at once threw a ray of light into the obscurity that had until then made the practical realisation of the forms of social organisation impossible. I perceived that capitalism stops the growth of wealth, not--as Marx has it--by stimulating 'production for the market,' but by preventing the consumption of the surplus produce; and that interest, though not unjust, will nevertheless in a condition of economic justice become superfluous and objectless. These two fundamental truths will be found treated in detail in chapters xxiv. and xviii.; but I cannot refrain here from doing justice to the manes of Marx, by acknowledging unreservedly his service in having been the first to proclaim--though he misunderstood it and argued illogically--the connection between the problem of value and modern capitalism.

I consider the theoretical and practical importance of these new truths to be incalculable. Not merely do they at once give to the theory of social evolution the unity and harmony of a definitive whole, but, what is more, they show the way to an immediate practical realisation of the principles formulated by this theory. If it is possible for the community to provide the capital for production with out thereby doing injury to either the principle of perfect individual freedom or to that of justice, if interest can be dispensed with without introducing communistic control in its stead, then there no longer stands any positive obstacle in the way of the establishment of the free social order.

My intense delight at making this discovery robbed me of the calm necessary to the prosecution of the abstract investigations upon which I was engaged. Before my mind's eye arose scenes which the reader will find in the following pages--tangible, living pictures of a commonwealth based upon the most perfect freedom and equity, and which needs nothing to convert it into a reality but the will of a number of resolute men. It happened to me as it may have happened to Bacon of Verulam when his studies for the 'Novum Organon' were interrupted by the vision of his 'Nova Atlantis'--with this difference, however, that his prophetic glance saw the land of social freedom and justice when centuries of bondage still separated him from it, whilst I see it when mankind is already actually equipped ready to step over its threshold. Like him, I felt an irresistible impulse vividly to depict what agitated my mind. Thus, putting aside for awhile the abstract and systematic treatise which I had begun, I wrote this book, which can justly be called 'a political romance,' though it differs from all its predecessors of that category in introducing no unknown and mysterious human powers and characteristics, but throughout keeps to the firm ground of the soberest reality. The scene of the occurrences described by me is no imaginary fairy-land, but a part of our planet well-known to modern geography, which I describe exactly as its discoverers and explorers have done. The men who appear in my narrative are endowed with no supernatural properties and virtues, but are spirit of our spirit, flesh of our flesh; and the motive prompting their economic activity is neither public spirit nor universal philanthropy, but an ordinary and commonplace self-interest. Everything in my 'Freeland' is severely real, only one fiction underlies the whole narrative, namely, that a sufficient number of men possessing a modicum of capacity and strength have actually been found ready to take the step that shall deliver them from the bondage of the exploiting system of economics, and conduct them into the enjoyment of a system of social equity and freedom. Let this one assumption be but realised--and that it will be, sooner or later, I have no doubt, though perhaps not exactly as I have represented--then will 'Freeland' have become a reality, and the deliverance of mankind will have been accomplished. For the age of bondage is past; that control over the forces of nature which the founder of modern natural science, in his 'Nova Atlantis,' predicted as the end of human misery has now been actually acquired. We are prevented from enjoying the fruits of this acquisition, from making full use of the discoveries and inventions of the great intellects of our race, by nothing but the phlegmatic faculty of persistence in old habits which still keeps laws and institutions in force when the conditions that gave rise to them have long since disappeared.

As this book professes to offer, in narrative form, a picture of the actual social life of the future, it follows as a matter of course that it will be exposed, in all its essential features, to the severest professional criticism. To this criticism I submit it, with this observation, that, if my work is to be regarded as a failure, or as the offspring of frivolous fancy, it must be demonstrated that men gifted with a normal average understanding would in any material point arrive at results other than those described by me if they were organised according to the principles which I have expounded; or that those principles contain anything which a sound understanding would not accept as a self-evident postulate of justice as well as of an enlightened self-interest.

I do not imagine that the establishment of the future social order must necessarily be effected exactly in the way described in the following pages. But I certainly think that this would be the best and the simplest way, because it would most speedily and easily lead to the desired result. If economic freedom and justice are to obtain in human society, they must be seriously determined upon; and it seems easier to unite a few thousands in such a determination than numberless millions, most of whom are not accustomed to accept the new--let it be ever so clear and self-evident--until it has been embodied in fact.

Nor would I be understood to mean that, supposing there could be found a sufficient number of resolute men to carry out the work of social emancipation, Equatorial Africa must be chosen as the scene of the undertaking. I was led, by reasons stated in the book, to fix upon the remarkable hill country of Central Africa; but similar results could be achieved in many other parts of our planet. I must ask the reader to believe that, in making choice of the scene, I was not influenced by a desire to give the reins to my fancy; on the contrary, the descriptions of the little-known mountains and lakes of Central Africa adhere in all points to sober reality. Any one who doubts this may compare my narrative with the accounts given by Speke, Grant, Livingstone, Baker, Stanley, Emin Pacha, Thomson, Johnston, Fischer--in short, by all who have visited these paradisiacal regions.

Just a few words in conclusion, in justification of the romantic accessories introduced into the exposition of so serious a subject. I might appeal to the example of my illustrious predecessors, of whom I have already mentioned Bacon, the clearest, the acutest, the soberest thinker of all times. But I feel bound to confess that I had a double purpose. In the first place, I hoped by means of vivid and striking pictures to make the difficult questions which form the essential theme of the book acceptable to a wider circle of readers than I could have expected to reach by a dry systematic treatment. In the second place, I wished, by means of the concrete form thus given to a part of my abstractions, to refute by anticipation the criticism that those abstractions, though correct in thesi, were nevertheless inapplicable in praxi. Whether I have succeeded in these two objects remains to be proved.

THEODOR HERTZKA.

Vienna: October 1889.