Excerpt from Socialism Its Fallacies and Dangers
"Every recognised authority on socialist economics, from Marx to Ferri, has been and is an avowed economic evolutionist. They all, without exception, recognise that public ownership under capitalism must come before the full socialist programme can meet with realisation. When the socialist party shall succeed to power in municipality, State, or nation, it will fall heir to the holdings of its capitalist predecessors. Every shilling"s worth of property that we can wrest from private capitalism through public ownership will fall into the hands of the socialist party without a struggle upon its succession to power."
The Aims of the Socialist Labour Party.
In an article on the Socialist Labour party, which one of its members, Mr. Philip Snowden, M.P., contributes to the Twentieth Century Quarterly, it is set forth that - "The ultimate aim of the party is to transfer the land and the means of production to common ownership and public management. This it is not proposed to do by any sudden or comprehensive act, nor by the forcible expropriation of the present owners. We have put the principle, socialists would further apply, into practice to a sufficient extent to show the practicability of the method and the public advantage of the system. The public ownership of public services, such as tramways and the supply of gas, electric power, etc., arc illustrations of collectivism, of the substitution of public service for private profit; though the possibilities of general collectivism cannot be fairly judged from isolated instances of public ownership while the land and the means of production remain in private hands."
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