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Main currents in American thought An interpretation of American literature from the beginnings to 1920

Vernon Louis Parrington

then, forsooth, comes a rebellion. I think none can deny seeing in these late troubles the first fruits of those pestilent notions of equality, whereof we heard so much from certain quarters, during the late war of independence. I would that Mr. Jefferson and some of the other writers of disturbing democratic rhetoric might have been here in the State the past winter, to see the outcome of their preaching.”[781] Nine years after _Looking Backward_ Bellamy published _Equality_, a critical examination of economic history with a view to creating an adequate social economics. The earlier work had drawn the outlines of the democratic society of the future, the later supplied a justification and a commentary. The great theme involved a twofold problem: an analysis of the failure of social justice under private capitalism, and a defense of the working of social capitalism. The two threads are closely interwoven, and the effect is heightened by the contrasts resulting from setting the two social orders over against each other. Innumerable questions, touching diverse phases, are propounded and answered. The apologist of private capitalism is pursued into every stronghold of his logic; he is assailed by a hundred vivid analogies which seek to lay bare the folly of a social system that breeds waste only to breed poverty, that puts a premium upon greed and yet takes away the security of possession, that bids the workers fight each other instead of uniting for the common welfare. But men must see a better before they will leave a worse, and so there is drawn the picture of another commonwealth that must arise when men shall put off the ass’s head from their shoulders, and set intelligently to work. America is moving towards such a commonwealth, Bellamy is persuaded, and yet how slow it is to grasp the meaning of democracy! It holds back from its own good, loath to probe the depths of the revolutionary philosophy of liberty, equality, fraternity. Julian West awakes in this new world; his eyes are opened; the ass’s head is gone; he knows for the first time the goodness of life in a rational society. And when in a hideous nightmare he returned to the old Boston he had lived in before he fell asleep, he tasted for the first time the full iniquity of the old pigsty arrangement. “I have been in Golgotha,” he cried, “I have seen Humanity hanging on a cross!” It is knowledge of the good that must destroy the evil. It was as a political economist that Bellamy attacked the problems of a democratic society, and his radicalism begins and ends with the interpretation he puts on the phrase. He was far from being a political economist of the schools. His contempt for the older classical dogmas was measureless. Manchesterism with its fetish of _laissez faire_ he reckoned no better than a pseudo-science. “‘There were no political economists before the Revolution,’” remarks one of the scholars of the later age.[782] Such books as the _Wealth of Nations_, properly speaking, should be called “Examinations into the Economic and Social Consequences of trying to get along without any Political Economy.” Before we shall get forward we must examine our terms. Economy ... means the wise husbanding of wealth in production and distribution. Individual economy is the science of this husbandry when conducted in the interest of the individual without regard to any others. Family economy is this husbandry carried on for the advantage of a family group without regard to other groups. Political economy, however, can only mean the husbandry of wealth for the greatest advantage of the political or social body, the whole number of the citizens constituting the political organization. This sort of husbandry necessarily implies a public or political regulation of economic affairs for the general interest. But before the Revolution there was no conception of such an economy, nor any organization to carry it out. All systems and doctrines of economy previous to that time were distinctly and exclusively private and individual in their whole theory and practice. While in other respects our forefathers did in various ways and degrees recognize a social solidarity and a political unity with proportionate rights and duties, their theory and practice as to all matters touching the getting and sharing of wealth were aggressively and brutally individualistic, antisocial, and unpolitical.[783] A social arrangement based on an individual economy must necessarily result in such monstrosities as the system of private capitalism with its cash nexus. It is no other than an organized system of social warfare, with all the appalling waste of war. Habit has blinded our eyes or we should see the utter bankruptcy of individual competition, that prides itself on its “famous process for beggaring a nation.” “Were these serious men I saw about me,” cried Julian West as he watched the folly of Washington Street, with its thousand shops madly bidding against each other, its vulgar advertising and cheating and swindling, “or children, who did their business on such a plan? Could they be reasoning beings, who did not see the folly which, when the product is made and ready for use, wastes so much of it in getting it to the user? If people eat with a spoon that leaks half its contents between bowl and lip, are they not likely to go hungry?”[784] What is it but such folly which prevents society from doing the thousand things which cry aloud to be done? So long as men must fight each other for individual subsistence how shall they be able to join forces to fight the common enemies, cold, hunger, disease? Our individualism keeps us poverty-stricken; we are too poor to destroy the social squalor, too poor to save our own lives. If competition entails irretrievable waste, he points out, the system of competitive profit involves economic suicide. It is a pistol which private industrialism points at its own head. The struggle for profit is the hidden cancer that is eating out the heart of modern society, and Bellamy examines it searchingly in the chapter, “Economic Suicide of the Profit System.”[785] Under private industrialism profits are the oil to the wheels of industry, which turn in response to the market. By the market is meant those who have money to buy with; and demand is brisk or slack according to the diffusion of economic means. When the buyers are satisfied and abstain from further purchases, the market becomes glutted and the wheels of production cease to turn “though starving and naked mobs might riot in the streets.” Profits, however, must come out of somebody’s pocket; and the greater they are the more the pocket that pays is emptied; unless replenished by other profits, taken from still other pockets, it ceases to be able to buy in like proportion. In consequence the market slacks off and the wheels of industry run slower. The manufacturer takes his profits out of his workmen, the merchant takes his out of the public--which is another term for the workman; he who takes most grows rich fastest and is most successful. Obviously, however, such riches are acquired at the expense of the public capacity to buy; and such lessening capacity is ominous of gluts and crises to ensue, with losses which must be made good by greater profits when the wheels turn again. It is only too clear that society is suffering from a chronic dyspepsia of its industrial system; it cannot digest its food. The current maxim that a fair exchange is no robbery--so confidently urged--cannot apply to the profit system, for if the exchange is fair there is no profit, and if there is no profit there will be no exchange. The further maxim that demand governs supply and supply keeps pace with demand, refers only to the profit-market, and quite overlooks the important detail of social need. The stupidity of such a system Bellamy never tires of pointing out. His striking analogy of the stage-coach has become a classic; the less known parable of the water-tank[786] is equally vivid; a hundred other shafts are directed at the profit-theory which underlies our individual economy. Until the sway of such anarchy is broken, until society learns to regulate its industrialism on the principles of a wise political economy, there can be no hope of betterment. To create and apply this wise political economy is the urgent business of democracy if it is not to perish. It must be such an economy as shall satisfy both our ethical ideals and our material needs. It must embody the spirit of democratic solidarity and it must look beyond the demands of the profit-market to the well-being of all. It must substitute coöperation for competitive warfare. The criminal waste which keeps the gray wolves forever snarling at the threshold of society, must cease; the specter of poverty which disorders the lives of men and distempers their hopes, must be banished by the united strength of all. If democracy cannot achieve such a democratic political economy it must flounder through deepening bogs until finally it sinks in the morass of plutocracy. The fatal mistake of democracy heretofore has been the insufficiency of its program. It is incredible how limited has been its vision and how few and how minor have been its greatest revolutions. To overthrow monarchy was excellent, but it did not bring in democracy; rather, the unchecked sway of plutocracy. “‘The people, indeed, nominally were sovereigns; but as these sovereigns were individually and as a class the economic serfs of the rich, and lived at their mercy, the so-called popular government became the mere stalking-horse of the capitalists.’”[787] Political revolutions have proved heretofore to be mere flashes in the pan; not until the economic revolution has been effected will the old tyranny be blown to pieces: The second phase in the evolution of the democratic idea began with the awakening of the people to the perception that the deposing of kings, instead of being the main end and mission of democracy, was merely preliminary to its real programme, which was the use of the collective social machinery for the indefinite promotion of the welfare of the people at large.... Which amounts to saying ... that there never was a democratic government properly so called before the twentieth century.... The so-called republics of the first phase we class as pseudo-republics or negative democracies.... Regarded as necessary steps in the evolution of society from pure monarchy to pure democracy, these republics of the negative phase mark a stage of progress; but if regarded as finalities they were a type far less admirable on the whole than decent monarchies. In respect especially to their susceptibility to corruption and plutocratic subversion they were the worst kind of government possible.... How could intelligent men delude themselves with the notion that the most portentous and revolutionary idea of all time had exhausted its influence and fulfilled its mission in changing the title of the executive of a nation from king to President, and the name of the national Legislature from Parliament to Congress?... The American people fancied that they had set up a popular government when they separated from England, but they were deluded. In conquering the political power formerly exercised by the king, the people had but taken the outworks of the fortress of tyranny. The economic system which was the citadel and commanded every part of the social structure remained in possession of private and irresponsible rulers, and so long as it was held, the possession of the outworks was of no use to the people, and only