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PREFACE.

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IN a former work written by the author, entitled "The Social Problem," the various forms of existing Socialism were briefly considered as proffered solutions of the Social Problem In the present work the whole subject of Socialism is considered more fully (especially from the historical and economic side) than the scope of the former work allowed. The book is thus a new and independent work; though in the chapters on 'Practicable StateSocialism" the reader of the present volume who may by chance have read the former one, may observe a certain similarity in the conclusions reached, as compared with those in a chapter of the earlier work dealing with specific social remedies. On the other hand, he may note a greater definiteness in the statement of certain conclusions, and possibly even a difference of a more essential kinda qualification of some of the results formerly set

forth. Where there is really such a difference—as to some, though not to a considerable extent there isthe conclusions here given are to be taken as the author's more matured opinion on the subject.

I have to express my thanks to Mr. Goddard H. Orpen, of Lincoln's Inn, for his careful reading of the proofs while passing through the press, as well as for suggestions and criticisms which assisted me to make improvements in particular parts of the book.

LONDON, July 29, 1890.

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MODERN SOCIALISM, FROM ST. SIMON TO KARL MARX.

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.72-78
II. The St. Simonian school. Advance on the views of
the Master. The three stages in the exploitation of
man by his fellows. A radical reform declared to be
necessary in the laws of Property and Inheritance.
Their principle of distribution:-to each according
to his works. Views on Rent: on Capital. Antici-
pation of special positions of the present Collec-
tivists. Insight of the St. Simonians: merits and
defects of their ideal: specific objections

.. 78-87

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IV. New Socialistic scheme of Fourier: Not State-
Socialism. The phalange and the phalanstère.
Fourier's principle of distribution. Mill's eulogy

of Fourier's scheme: his criticism of it. Possible
case for an experiment on Fourier's lines

V. Louis Blanc's objection to St. Simonism.

87-98

.98-106

scheme of co-operative production to be launched
by the aid of the State, but afterwards to be free from
State control. Competition' to be employed to get
rid of the present system, afterwards to be done away
with. Tendency of the scheme to Communism.
Its failure so far as partially tried

106-115

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