“Many writers upon the science of political economy have declared that it is the duty of a nation first to encourage the creation of wealth and second, to direct and control its distribution. All such theories are delusive.”
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Government itself is founded upon the great doctrine of the consent of the governed, and has its cornerstone in the memorable principle that men are endowed with inalienable rights.
From my earliest acquaintance with the science of political economy, it has been evident to my mind that capital was the product of labor, and that therefore, in its best analysis there could be no natural conflict between capital and labor.
The rights of one sex, political and otherwise, are the same as those of the other sex, and this equality of rights ought to be fully recognized.
The employer class is less indispensable in the modern organization of industries because the laboring men themselves possess sufficient intelligence to organize into co-operative relation and enjoy the entire benefits of their own labor.
