Chapter 6. Capitalist Ethics

1. Capitalist Ethics and the Impracticability of Socialism

In the expositions of Ethical Socialism one constantly finds the assertion that it presupposes the moral purification of men. As long as we do not succeed in elevating the masses morally we shall be unable to transfer the socialist order of society from the sphere of ideas to that of reality. The difficulties in the way of Socialism lie exclusively, or predominantly, in men’s moral shortcomings. Some writers doubt whether this obstacle will ever be overcome; others are content to say that the world will not be able to achieve Socialism for the present or in the immediate future.

2. The Alleged Defects of Capitalist Ethics

To act reasonably means to sacrifice the less important to the more important. We make temporary sacrifices when we give up small things to obtain bigger things, as when we cease to indulge in alcohol to avoid its physiological after-effects. Men submit to the effort of labour in order that they may not starve.

Chapter 5. Economic Democracy

1. The Slogan ‘Economic Democracy’

One of the more important arguments in favour of Socialism is that contained in the slogan ‘self-government in industry’. As in the political sphere the King’s absolutism was broken by the peoples’ right to share decisions and later by its sole right to decide, so the absolutism of owners of the means of production and of entrepreneurs is to be abolished by consumers and workers. Democracy is incomplete as long as everyone is obliged to submit to the dictatorship of the owners.

2. The Consumer as the Deciding Factor in Production

People sometimes maintain that in guarding their own interests, entrepreneurs force production in a direction opposed to the interests of consumers. The entrepreneurs have no scruples about ‘creating or intensifying the public’s need for things which provide for merely sensual gratification but inflict harm on health or spiritual welfare’. For instance the fight against alcoholism, the dread menace to national health and welfare, is said to be made more difficult because of the opposition ‘of the vested interests of alcohol capitalism to all attempts to combat it’.

3. Socialism as Expression of the Will of the Majority

The number of our contemporaries who decide in favour of Socialism because the majority has already so decided is by no means negligible. ‘Most people want Socialism; the masses no longer support the capitalist social order, therefore we must socialize.’ One hears this constantly. But it is not a convincing argument in the eyes of those who reject Socialism. Certainly if the majority want Socialism, Socialism we shall have. Nobody has shown more clearly than the liberal philosophers that there is no resisting public opinion, and that the majority decides, even when it is in error.

Chapter 4. Ethical Socialism, Especially That of the New Criticism

2. The Duty of Work as a Foundation for Socialism

‘If any will not work, neither let him eat’, says the Second Epistle to the Thessalonians, which was ascribed to the Apostle Paul.1  This admonition to work is directed to those who want to live on their Christianity at the expense of the working members of the congregation; they are to support themselves without burdening their fellows.

3. The Equality of Incomes as an Ethical Postulate

Against the assertion that all men should have equal incomes, as little can be said scientifically as can be said in support of it. Here is an ethical postulate which can only be evaluated subjectively. All science can do is to show what this aim would cost us, what other aims we should have to forego in striving to attain this one.