Any economic proposition which can not be stated in ethical terms is false. Nothing can be in the long run or on a large scale sound economics which … - Edward Bellamy

I was moved with contrition as with a strong agony, for I had been one of those who had endured that these things should be. Therefore now I found upon my garments the blood of this great multitude of strangled souls of my brothers. The voice of their blood cried out against me from the ground. Every stone of the reeking pavements, every brick of the pestilential rookeries, found a tongue and called after me as I fled: What hast thou done with thy brother Abel?

The slave received subsistence--clothing and shelter--and the wage-earner who could get more than these out of his wages was rarely fortunate. The rate of wages, except in new countries and under special conditions and for skilled workers, kept at about the subsistence point, quite as often dropping below as rising above. The main difference was that the master expended the subsistence wage of the chattel slave for him while the earner expended it for himself.

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.