A Critical Examination of Socialism

moral attack on interest is l

rit accumulations, and to spend the principal, but n

herited capital spent it as income, in

tions of these ways

ference between

ere made universal. It would mean the gradual loss of all the added p

tion of proposed a

spect of

kinds of money-reward, admit that the possession o

mainly for its social results far more

h the sustentation of a c

hose who attack interest ignore the element of

ass which is not, at a given m

ciety as a whole, continually emerging from the past, and depe

est, though interest in certain cases may be justl