distributed; both, in the actual
world, are of great importance to the happiness of the individual.
Both are possessive goods; yet without them many of the goods in which
all might share are hard to acquire as things are now.

Without property, as things are, a man has no freedom, and no security
for the necessities of a tolerable life; without power, he has no
opportunity for initiative. If men are to have free play for their
creative impulses, they must be liberated from sordid cares by a
certain measure of security, and they must have a sufficient share of
power to be able to exercise initiative as regards the course and
conditions of their lives.

Few men can succeed in being creative rather than possessive in a
world which is wholly built on competition, where the great majority
would fall into utter destitution if they became careless as to the
acquisition of material goods, where honor and power and respect are
given to wealth rather than to wisdom, where the law embodies and
consecrates the injustice of those who have toward those who have not.
In such an environment even those whom nature has endowed with great
creative gifts become infected with the poison of competition. Men
combine in groups to attain more strength in the scramble for material
goods, and loyalty to the group spreads a halo of quasi-idealism round
the central impulse of greed. Trade-unions and the Labor party are no
more exempt from this vice than other parties and other sections of
society; though they are largely inspired by the hope of a radically
better world. They are too often led astray by the immediate object
of securing for themselves a large share of material goods. That this
desire is in accordance with justice, it is impossible to deny; but
something larger and more constructive is needed as a political ideal,
if the victors of to-morrow are not to become the oppressors of the
day after. The inspiration and outcome of a reforming movement ought
to be freedom and a generous spirit, not niggling restrictions and
regulations.

The present economic system concentrates initiative in the hands of a
small number of very rich men. Those who are not capitalists have,
almost always, very little choice as to their activities when once
they have selected a trade or profession; they are not part of the
power that moves the mechanism, but only a passive portion of the
machinery. Despite political democracy, there is still an
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