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The Materialistic Conception of History

What do we mean by the Doctrine of the Materialistic Conception of History, or of "Economic Determinism," as Ferri calls it? We must make sure we understand, for there is cant in Socialism, just as there is in religion, and there is good reason to fear many of us go on using these good mouth-filling phrases, "Materialistic Conception of History," "Class-Conscious Proletariat," "Class Struggle," and "Revolutionary Socialism," with no more accurate idea of their meaning than our pious friends have of the theological phrases they keep repeating like so many poll-parrots.

At bottom, when we talk intelligently of the Materialistic Conception of History, we simply mean, what every man by his daily conduct proves to be true, that the bread and butter question is the most important question in life. All the rest of the life of the individual is affected,