Excerpt from The Passing of Capitalism: And the Mission of Socialism
The economic structure of our modern society is clearly drifting towards the socialization of industry, and Social ism is preparing the people for this revolutionary change. The time is near when the tools of. Production and raw material will be turned over to the people engaged in pro duction, when production will be carried on, not for profit, but for consumption, when socialized production will be car ried on by society in the interest of society; in short, when society at large will be the master of its own economic destiny: Such a revolution in economic life demands a radical revision and readjustment of our moral conceptions; it demands a clear vision of the drift of our time and a great deal of en thusiasm in the cause of human welfare. This clearness of vision, this enthusiasm and the gospel of a new system of ethics Socialism brings to the people.
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