is after all to
remain a society of small capitalists.

Professor Edward A. Ross very aptly sums up the reformer's objections to
the anti-capitalist Socialists. Capitalism must be "divested of its
perversions," the privately owned monopolies and their political
machines, primarily for the purpose of strengthening it _against_
Socialism. "Individualism should make haste to clean the hull of the old
ship for the coming great battle with the opponents of private
capital...."[29] The reformers, as a rule, like Professor Ross,
consciously stand for a new form of private capitalism, to be built up
with the aid of the State. This is the avowed attitude of the larger
part of the "progressives," "radicals," and "insurgents" of the day.

The new reform programs, however radical, are aimed at regenerating
capitalism. The most radical of all, that of the single taxers, who plan
not only that the state shall be the sole landlord, but that the
railways and the mines shall be nationalized and other public utilities
municipalized, do not deny that they want to put a new life into private
capitalism, and to stimulate commercial competition in the remaining
fields of industry. Mr. Frederick C. Howe, for instance, predicts a
revival of capitalistic enterprise, after these measures are enacted,
and even looks forward to the indefinite continuation of the struggle
between capital and labor.[30]

FOOTNOTES:

[9] The _Socialist Review_ (London), April, 1909.

[10] The _New Age_ (London), Nov. 4, 1909.

[11] Edward Bernstein, "Evolutionary Socialism," p. 154.

[12] Winston Churchill, "Liberalism and the Social Problem," p. 345.

[13] H. G. Wells, "New Worlds for Old," p. 185.

[14] Winston Churchill, _op. cit._, p. 80.

[15] Winston Churchill, _op. cit._, pp. 326, 327.

[16] Winston Churchill, _op. cit._, pp. 326.

[17] Winston Churchill, _op. cit._, p. 396.

[18] Winston Churchill, _op. cit._, p. 399.

[19] Winston Churchill, _op. cit._, p. 336.

[20] Winston Churchill, _op. cit._, p. 339.

[21] Lloyd George, "Better Times," p. 163.

[22] Lloyd George, _op. cit._, pp. 94-101.

[23] Lloyd George, _op. cit._, p. 58.

[24] Lloyd George, _op. cit._, p. 174.

[25] Lord Rosebery's Speech at Glasgow, Sept. 10, 1909.

[26] Louis F. Post, "Social Service," p. 341.

[27] _The Public_ (Chicago), Nov. 4, 1910.

[28] Henry George, "Progress and Poverty," Book IV, p. 454.

[29] Professor E. A. Ross, "Sin and Society," p. 151.