re as bad as the
evil individual effects. The political bond which a democracy seeks to
create depends for its higher value upon an effective social bond. Gross
inequalities in wealth, wholly divorced from economic efficiency on the
part of the rich, as effectively loosen the social bond as do gross
inequalities of political and social standing. A wholesome social
condition in a democracy does not imply uniformity of wealth any more
than it implies uniformity of ability and purpose, but it does imply the
association of great individual economic distinction with responsibility
and efficiency. It does imply that economic leaders, no less than
political ones, should have conditions imposed upon them which will
force them to recognize the responsibilities attached to so much power.
Mutual association and confidence between the leaders and followers is
as much a part of democratic economic organization as it is of
democratic political organization; and in the long run the inheritance
of vast fortunes destroys any such relation. They breed class envy on
one side, and class contempt on the other; and the community is either
divided irremediably by differences of interest and outlook, or united,
if at all, by snobbish servility.
If the integrity of a democracy is injured by the perpetuation of
unearned economic distinctions, it is also injured by extreme poverty,
whether deserved or not. A democracy which attempted to equalize wealth
would incur the same disastrous fate as a democracy which attempted to
equalize political power; but a democracy can no more be indifferent to
the distribution of wealth than it can to the distribution of the
suffrage. In a wholesome democracy every male adult should participate
in the ultimate political responsibility, partly because of the
political danger of refusing participation to the people, and partly
because of the advantages to be derived from the political union of the
whole people. So a wholesome democracy should seek to guarantee to every
male adult a certain minimum of economic power and responsibility. No
doubt it is much easier to confer the suffrage on the people than it is
to make poverty a negligible social factor; but the difficulty of the
task does not make it the less necessary. It stands to reason that in
the long run the people who possess the political power will want a
substantial share of the economic fruits. A prudent democracy should
anticipate this demand. Not only do
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