ABSTRACT
The international similarities of distribution are explicable in no other way. The Marxian ideas of distribution in the modern world were perfectly logical as related to the Marxian theory of production; but, despite the talent displayed by Marx in his exposition of it, his theory of production is, as applied to the modern world, one for which the word "puerile" is the only correct epithet. Nor does this more reasonable view of the actualities of the existing situation lead to a revised conception of unearned income alone. It leads to a revised conception of the causes which mainly determine the distribution of incomes generally. A just distribution of material goods and circumstances has nothing to do with what happens within the precincts of production itself. It will be enough to observe that if the essence of socialism is to be found in the process of democratic distribution.
