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" "The industry and commerce of the country, ceasing to be conducted by a set of irresponsible corporations and syndicates of private persons at their caprice and for their profit, were entrusted to a single syndicate representing the people, to be conducted in the common interest for the common profit. The nation, that is to say, organized as the one great business corporation in which all other corporations were absorbed; it became the one capitalist in the place of all other capitalists, the sole employer, the final monopoly in which all previous and lesser monopolies were swallowed up, a monopoly in the profits and economies of which all citizens shared.
Edward Bellamy (March 26, 1850 – May 22, 1898) was an American author and socialist, most famous for his utopian novel, Looking Backward, a tale set in the distant future of the year 2000. Bellamy's vision of a harmonious future world inspired the formation of at least 165 "Nationalist Clubs" dedicated to the propagation of Bellamy's political ideas and working to make them a practical reality.
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For the reason that there was no fair play or suggestion of justice in the distribution of work, everybody shirked it who could, and those who could not shirk it cursed the luckier ones and got even by doing as bad work as they could. Suppose a rich young fellow like myself had a feeling that he would like to do his part. How was he going to go about it? There was absolutely no social organization by which labor could be shared on any principle of justice. There was no possibility of co-operation. We had to choose between taking advantage of the economic system to live on other people or have them take advantage of it to live on us. We had to climb on their backs as the only way of preventing them from climbing on our backs. We had the alternative of profiting by an unjust system or being its victims. There being no more moral satisfaction in the one alternative than the other, we naturally preferred the first. By glimpses all the more decent of us realized the ineffable meanness of sponging our living out of the toilers, but our consciences were completely bedeviled by an economic system which seemed a hopeless muddle that nobody could see through or set right or do right under.
The cities of that period were rather shabby affairs. If you had the taste to make them splendid, which I would not be so rude as to question, the general poverty resulting from your extraordinary industrial system would not have given you the means. Moreover, the excessive individualism which then prevailed was inconsistent with much public spirit. What little wealth you had seems almost wholly to have been lavished in private luxury. Nowadays, on the contrary, there is no destination of the surplus wealth so popular as the adornment of the city, which all enjoy in equal degree.
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There is neither private property, beyond personal belongings, now, nor buying and selling, and therefore the occasion of nearly all the legislation formerly necessary has passed away. Formerly, society was a pyramid poised on its apex. All the gravitations of human nature were constantly tending to topple it over, and it could be maintained upright, or rather upwrong (if you will pardon the feeble witticism), by an elaborate system of constantly renewed props and buttresses and guy-ropes in the form of laws. A central Congress and forty state legislatures, turning out some twenty thousand laws a year, could not make new props fast enough to take the place of those which were constantly breaking down or becoming ineffectual through some shifting of the strain. Now society rests on its base, and is in as little need of artificial supports as the everlasting hills.