: strong creative
impulses, overpowering and absorbing the instinct of possession;
reverence for others; respect for the fundamental creative impulse in
ourselves. A certain kind of self-respect or native pride is
necessary to a good life; a man must not have a sense of utter inward
defeat if he is to remain whole, but must feel the courage and the
hope and the will to live by the best that is in him, whatever outward
or inward obstacles it may encounter. So far as it lies in a man's
own power, his life will realize its best possibilities if it has
three things: creative rather than possessive impulses, reverence for
others, and respect for the fundamental impulse in himself.

Political and social institutions are to be judged by the good or harm
that they do to individuals. Do they encourage creativeness rather
than possessiveness? Do they embody or promote a spirit of reverence
between human beings? Do they preserve self-respect?

In all these ways the institutions under which we live are very far
indeed from what they ought to be.

Institutions, and especially economic systems, have a profound
influence in molding the characters of men and women. They may
encourage adventure and hope, or timidity and the pursuit of safety.
They may open men's minds to great possibilities, or close them
against everything but the risk of obscure misfortune. They may make
a man's happiness depend upon what he adds to the general possessions
of the world, or upon what he can secure for himself of the private
goods in which others cannot share. Modern capitalism forces the
wrong decision of these alternatives upon all who are not heroic or
exceptionally fortunate.

Men's impulses are molded, partly by their native disposition, partly
by opportunity and environment, especially early environment. Direct
preaching can do very little to change impulses, though it can lead
people to restrain the direct expression of them, often with the
result that the impulses go underground and come to the surface again
in some contorted form. When we have discovered what kinds of impulse
we desire, we must not rest content with preaching, or with trying to
produce the outward manifestation without the inner spring; we must
try rather to alter institutions in the way that will, of itself,
modify the life of impulse in the desired direction.

At present our institutions rest upon two things: property and power.
Both of these are very unjustly