ABSTRACT
The socialism which destroys property and arms itself to resist law is rather socialistic Jacobinism, or communism of the Parisian type. Practical socialism is not identical with economic centralization, but it is caused by it. The concentration of industries in a few great establishments produces evils for which practical socialism in some form is the only permanent remedy. Federative governments have paved the way for whatever of political socialism is hopeful and legitimate. Political socialism demands that the government shall own the capital of the country, and that the proceeds of its use shall be divided according to principles of abstract justice. The true socialism is progressing, and the best way to make it progress more / rapidly is to enact sufficient laws for the suppression of the false. Socialism, in the broad sense, meets an imperative human want, and must grow surely, though not, as reformers are wont to estimate progress, rapidly.
