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Justice, interest and abstract, 204, 206, 208, 210, 212, 214, 216, 218, 220, 222, 224, 226
Kidd, on rival and independent claims, 93; his argument, 103, 106
Labour, as a wealth-producer, 11, 21, 42; definition of ability and, 19; two distinguishable kinds of, 23; a productive agent, 25, 199; directive, 31, 71, 75, 77, 78; emancipation of, 47; the Marxian doctrine of the all-productivity of, 47; by itself, impotent to produce the wealth of modern nations, 54; and the socialistic promise, 127; as estimated by its actual products—the just reward of, 176, 178, 180, 182, 184, 186, 188, 190, 192, 194, 196, 198, 200, 202; income of, 197, 295; as opposed to ability, 291
Labour-certificates, 12
Labourer, the ordinary manual, 66, 67, 174
Laplace, 91
Legislation, 134, 135; and the Government's will, 136
Lombe, the great silk-factory erected at Derby by, 197
L.C.C. steamboats, 73
Macaulay, Essay on Dryden, 92; on the absurdity of confounding speculative sociology with practical, 101
Machine-capital, 219
Machinery, a development of capitalism, 2; Marx on, 27; embodies labour directed in a new way, 38; the question of, 88
Majority, will of the, 129, 139, 140; powers of the "sovereign," 137
Marx, Karl, his formula, 7; his treatise on capital, 8; his theory summarised, 9, 10, 12, 14, 16, 18, 20; his doctrine of scientific socialism, 11, 18; his falsified prophecies, 17; errors of, 19, 20, 22, 24, 26, 28, 30, 32, 34, 36, 38, 40; on machinery, 27; repudiated by modern socialists, 41, 42, 44, 46, 48, 50, 52, 54, 56, 58, 60, 62, 64, 66, 68
Melba, 116, 144
Military, distinct from industrial, activity, 121
Mill, J.S., 2, 32; Political Economy, 20, 21, 179; on nature in agriculture, 180, 181
Modern socialists, their repudiation of Marx, q.v.; and the question of motive, 90, 111, 113; their assertion, 115
Monastic orders, 117
Monopolists, 93
Monopoly, modern capital is, 38; of business-ability, 89, 93
Motive, ability, and individual, 110
—— individual, 130, 132, 134, 136, 138, 140, 142, 144, 146, 148
—— practical as distinct from moral, 287
—— socialists and, 90, 111, 113
Motives, discussion of various, 113-5
Multi-millionaires, 131-3; a suggested limit, 138
Napoleon III., 99
North American Review, 130
Opportunity, equality of, 253, 254, 256, 258, 260, 262, 264, 266, 268, 270, 272, 274, 276
Orders, monastic, 117
Organic evolution, 185
—— nature, products of, 210
Owen, Robert, 170; his views on socialism, 7
Peasant proprietors, 20, 57
Penny post, 79
Plane, Bastiat's, 213, 214
Positivism, Frederic Harrison, the English prophet of, 118-20
Post Office, British, 79
Postal employe, the, 260, 261
Press, a state, 85
Problems of practical life, 95
Product, correspondence between productive effort and, 207
Production, unequal powers of, 142, 254; labour, capital, and law the only factors in, 191
Productive agent, labour as a, 25, 199
—— effort, the astounding advances of the efficiency of, 26
Productivity, industrial, 195
Rent, of business-ability, the, 191, 194; and agriculture, 192
Reward of labour, as estimated by its actual products, just, 176, 178, 180, 182, 184, 186, 188, 190, 192, 194, 196, 198, 200, 202
Ricardo, 2, 12, 32, 92
Roosevelt, President, 169
Rossi, Govanni, the Italian socialist, his failure to found a socialistic colony in Brazil, 141
Rousseau, his theory of the social contract, 283, 284
Ruskin, John, 23; his scheme of political economy, 118
Sentimental thinkers, 123
Shakespeare, 92, 96
Shaw, Bernard, 43, 208, 209; Man and Superman, 215, 216, 222
Slave, contrasted with wage-paid labourer, 59
Slavery, 57
Smith, Adam, Wealth of Nations, 25, 26, 36
Social Democratic Federation, its campaign and its catechism, 45
Social policy of the future, 278, 280, 282, 284, 286, 288, 290, 292, 294
Socialism, Christian. See Christian socialism
—— historical beginning of, 1, et seq.; two ideas of, 1; and capitalism, 3; a theory, 5; regarded as a practical force, 8; basic doctrine of so-called scientific, 18; a fallacy, 49, 167; proximate difficulties of, 69, 70, 72, 74, 76, 78, 80, 82, 84, 86, 88; its ultimate difficulty, 89, 90, 92, 94, 96, 98, 100, 102, 104, 106, 108, 110, 112, 114, 116, 118, 120, 122, 124, 126, 128; "the Great Man theory," 91
Socialistic attack on interest, and the nature of its error, 227, 228, 230, 232, 234, 236, 238, 240, 242, 244, 246, 248, 250, 252
Socialistic temperament, debilitates the faculties, 169
—— theory of society, a, 56, 58
Socialists, on heroism, 118, 122; their two main doctrines, moral and economic, 165; their false and true theories of production, 166; their fallacy, 167
—— evolutionary, 102
Society, two contrasted groups of, 15
Sociology, scientific, 111
—— speculative, 109
Spencer, Herbert, 106; causal importance of the great man, 89-101; on modern production, 97, 98; Study of Sociology, 99; on the invention of the Times printing-press, 100; Social Statics, ibid.; criticised by Author's Aristocracy and Evolution, 101
State officials, 69
Steel and oil, 153, 158, 159, 160, 162
Supply and demand, 143
Utopia, Bellamy's description of a socialistic, 92
Value, surplus, 13
Wage-capital, 36, 37, 39, 41, 57, 58, 264; an implement of direction, 70; its waste brings about its own remedy, 71
Wagedom, socialists and, 59, 60
Wage-fund, division of total, 201
Wage-system, alternatives to, 57, 60; an escape from, 59
Watt, 221
Wealth, socialists' conception of, 145; a form of power, 146; superfluous, 155; produced by two functionally different classes, 176
—— of modern nations, "common manual labour" impotent to produce the, 48, 50, 54
Wealth-producer, the greed of the, 125
Wealth-producing power, labour's, 11, 21, 42
Webb, Sidney, 43, 58-60, 89, 90, 119, 191, 194, 197; his argument, 107, 108
Wilshire, Gayford, his leaflet, 47, 143, 257
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