proletarians. The Natural Rights Philosophy[1] still has much vitality in the middle classes, but as a broad statement it will hold good that the millionaire or the proletarian who shows respect for private property (the private property of others, be it understood) does so chiefly on grounds of expediency.
The socialist materialist is well content to leave this whole question of ethics to adjust itself, since he knows that equality of condition, the economic basis of Socialism, will necessarily evolve a mode of living, and standards of conduct in perfect harmony with their economic environment.
- ↑ For a fuller discussion of the relation of current conceptions of property-rights to the Natural Rights Philosophy see Veblen's "The Theory of Business Enterprise," Chapters II and VIII, and La Monte's paper "Veblen, the Revolutionist," International Socialist Review, Vol. V. pp. 726–739.