Excerpt from The Political Economy of Humanism
To have life and practicality, political economy should be studied in connection with its counterpart, the human constitution. Its positive element is subjective, while environment, or the objective, only constitutes its negativity. In other words, mind is the active worker, while labor, capital, land, wages, profits, and values are its instruments or outward articulations. Cooperation and competition are not external qualities belonging to some legal framework or social system, but are dispositions in man. They cannot be put on or off as occasion may demand, but are matters of moral and ethical education. So, too, a true socialism is not a matter of political form, but its location must be within the human heart and consciousness.
This is no attempt to make people content with things as they are, but to turn the search for improvement in a promising direction. Unrest and agitation are vastly better than stagnation, but to bring the best results they must be wisely practical and in harmony with Law.
The general purpose of this volume is the outlining of a political economy which is natural and practical, rather than artificial and theoretical. While independent of professional methods, it aims to be usefully suggestive to the popular mind.
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