cated. After having, as you say, “worked for a whole lifetime to accumulate” a fortune, to establish a business on what he imagined would be a sound foundation, on some fine day the Trust will enter into competition with him, will invade his market, use their enormous capital to undersell him at ruinous prices, take his customers from him, ruin his business, and finally drive him into bankruptcy, and perhaps to end his days as a pauper.
That is capitalist confiscation! It is going on all around us, and every time the business man who is not a Trust Magnate votes for capitalism, he is working to prepare that fate for himself.
On the other hand, if he works for Socialism it also will confiscate his property. But it will only do so in order to acquire the industrial equipment necessary to establish a system of society in which the whole human race will be secured against the fear of want for all time, a system in which all men and women will be joint heirs and owners of all the intellectual and material conquests made possible by associated effort.
Socialism will confiscate the property of the capitalist and in return will secure the individual against poverty and oppression; it, in return for so confiscating, will assure to all men and women a free, happy and unanxious human life. And that is more than capitalism can assure anyone to-day.
So you see the average capitalist has to choose between two kinds of confiscation. One or the other he must certainly endure. Confiscation by the Trust and consequently bankruptcy, poverty and perhaps pauperism in his old age, or
Confiscation by Socialism and consequently security,
