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" "Would it not have startled the old economists to hear that the secret of the most efficient system of wealth production was conformity on a national scale to the ethical idea of equal treatment for all embodied by Jesus Christ in the golden rule?
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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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.