Chapter XIV: The Higher Learning as an Expression of the Pecuniary

Culture.

“The study is a thoughtful and interesting one and is couched
in clear and straightforward English.”--_Minneapolis Journal._

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Two New Books of Related Interest

_Work and Wealth: A Human Valuation_

BY J. A. HOBSON, M.A.,

Author of “Industrial Society,” “John Ruskin, Social Reformer,” etc.

_Cloth, 8vo, $2.00 net_

Mr. Hobson is an economist of established reputation
whose writings have for years been eagerly read by his
fellow-economists. The purpose of this, his latest work, is
to present a just and formal exposure of the inhumanity and
vital waste of modern industries by the close application of
the best approved formulas of individual, and social welfare
and to indicate the most hopeful measures of remedy for a
society sufficiently intelligent, courageous and self-governing
to apply them. The wholly satisfying fashion in which the
author has achieved this purpose results in a suggestive and
stimulating review from a novel standpoint of problems in which
all students of economy are interested. Not only is the book
an important contribution to the literature of its field; it
is no less valuable in its bearing on general questions of the
day with which other than purely professional economists are
concerned.

_Violence and the Labor Movement_

BY ROBERT HUNTER,

Author of “Poverty,” “Socialists at Work,” etc.

_Cloth, 12mo, $1.50 net_

This book deals with the mighty conflict that raged throughout
the latter part of the last century for possession of the soul
of labor. It tells of the doctrines and deeds of Bakounin,
Netchayeff, Kropotkin, Ravachol, Henry, Most and Caserio.
It seeks the causes of such outbursts of rage as occurred
at the Haymarket in Chicago in 1886 and are now being much
discussed as Syndicalism, Haywoodism and Larkinism. It is a
dramatic, historical narrative in which terrorism, anarchism,
syndicalism and socialism are passionately voiced by their
greatest advocates as they battle over programs, tactics and
philosophies.

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Two Important Interpretations of Present Movements

_Progressive Democracy_

BY HERBERT CROLY,

Author of “The Promise of American Life.”

_Cloth, 8vo, $2.00 net_

The object of the author in this book is three-fold. He has
in the first place analyzed the modern progressive democratic
movement in this country in order to separate its essential
from its non-essential ingredients to discover whether there
is any real issue between American progressivism and American
conservatism. In the second place he has tried to reconstruct
the historical background of progressivism to see what roots
or lack of roots it has in the American political and economic
tradition. And finally he has attempted to trace what we may
reasonably expect from the progressive movement, to show what
tools it must use in order to carry out its program and what
claims it has on the support of patriotic Americans. The work
seeks, therefore, to express for the first time a consistently
educational theory of democracy.

_Progressivism and After_

BY WILLIAM ENGLISH WALLING,

Author of “The Larger Aspects of Socialism,” “Socialism As It Is,” etc.

_Cloth, 12mo, $1.50 net_

This is a book which every thoughtful socialist, social
reformer and those to whom social reform makes any appeal,
ought to read. Mr. Walling views social and economic questions
as a thinker and student, never merely as a theorist or
partisan. In the political events of the last few years
Mr. Walling sees much that is significant not only for the
present but for the future. What the progress of affairs in
the next generation is to be he outlines in this work in
a fashion that is as convincing as it is unusual from the
socialistic standpoint. Of particular interest are his analyses
of President Wilson, Colonel Roosevelt and other prominent
leaders, while his description of that which has been and that
which is to come is trenchant and keen. Whether one agrees with
his predictions or not the force and clearness with which the
issues are indicated distinguish the volume for all kinds of
readers.

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_American Syndicalism--The I. W. W._

BY JOHN GRAHAM BROOKS

Author of “As Others See Us,” “The Social Unrest,” etc.

_Cloth, $1.25 net; postpaid, $1.36_

“Mr. Brooks’s book is a careful, sympathetic, and critical
study of American syndicalism as represented in the order named
the Industrial Workers of World.

“The theory, or ‘philosophy,’ of this syndicalism is given, a
review made of the practical experiences of the movement as it
has expressed itself here in the last few years, and a view
sought of its possible destinies in the United States. Mr.
Brooks says:

“‘In it and through it is something as sacred as the best of
the great dreamers have ever brought us. In the total of this
movement, the deeper, inner fact seems to be its nearness to
and sympathy with that most heavy laden and long enduring mass
of common toilers. Alike to our peril and to our loss shall we
ignore this fact.’”--_New York Tribune._

_The Social Unrest_

Studies in Labor and Social Movements

BY JOHN GRAHAM BROOKS

_Cloth, 12mo, 394 pages, $1.50 net_

“The author, Mr. John Graham Brooks, takes up and discusses
through nearly four hundred pages the economic significance
of the social questions of the hour, the master passions at
work among us, men _versus_ machinery, and the solution of our
present ills in a better concurrence than at present exists--an
organization whereby every advantage of cheaper service and
cheaper product shall go direct to the whole body of the
people.... Nothing upon his subject so comprehensive and at the
same time popular in treatment as this book has been issued
in our country. It is a volume with live knowledge--not only
for workman but for capitalist, and the student of the body
politic--for every one who lives--and who does not?--upon the
product of labor.”--_The Outlook._

Mr. Bliss Perry, the editor of _The Atlantic Monthly_, says
of it: “A fascinating book--to me the clearest, sanest, most
helpful discussion of economic and human problems I have read
for years.”

PUBLISHED BY
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Publishers 64–66 Fifth Avenue New York

By WILLIAM ENGLISH WALLING

_The Larger Aspects of Socialism_

_Cloth, $1.50 net; postpaid, $1.63_

“For the second time William English Walling has made a notable
contribution to the literature of Socialism.”--_Mary Brown
Sumner in The Survey._

“Your two books, together and separately, constituted the
supreme English contribution to Socialism.”--_Professor George
D. Herron._

“This book is exceptionally suggestive and interesting....
It is to be hoped that Mr. Walling will continue to give
us such careful and suggestive analyses of socialistic
thought.”--_Alexander Fleisher in The Annals of the American
Academy._

“The author has earned a right to a front-rank place among
the American Socialist ‘intellectuals.’... A clear-sighted
observer, and a reporter honest with himself and the
public.”--_The Nation._

“You are certainly one of those exasperating men who must
be counted with. I have gone over your first book with
admiration and extreme disapprobation. There is no book with
which I have any acquaintance which is so truthful in telling
what a considerable body of our countrymen are thinking
about.”--_Professor Albert Bushnell Hart._

_Socialism As It Is_

A Survey of the World-Wide Revolutionary Movement

_Cloth, 12mo, $2.00 net; postpaid, $2.12_

A NEW DEPARTURE IN SOCIALIST BOOKS

“Can be most highly recommended as a sane and clear exposition
and is not a rehash of the various volumes that have been
already published on the subject, but is a contribution from a
distinct and new point of view.”--_The New York Times._

“The best and most scholarly presentation of the subject that
has yet fallen into my hands. It gave me an insight into the
situation, for which I longed but to which I could not find any
access.”--_Professor Jacques Loeb._

“You certainly give a wonderful insight into Socialism as it
is and getting to be--and it is an insight that every citizen
ought to have.”--_Professor John R. Commons._

“I have been reading your book with great interest. The great
contribution, it seems to me, is the clear contrast between
State Socialism and revolutionary socialism.”--_Professor Simon
N. Patten._

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_The Theory of Social Revolutions_

BY BROOKS ADAMS

Author of “The Law of Civilization and Decay,” “The New Empire,” etc.

_Cloth, 12mo, $1.25 net_

“A remarkable work.”--_The Argonaut._

“A cleverly written book by a clever man. The argument is that
the existing social system will soon be changed and that the
courts have become political and not judicial.”--_Pittsburgh
Post._

“No one interested in either history or politics can afford to
neglect Mr. Adams’ views.”--_Newark Evening News._

“... no more fascinating study of a topic so grave is often
printed.”--_New York World._

“... there has not appeared in recent years so calm and
determined an attack upon judicial legislation.”--_La
Follette’s Magazine._

“A very stimulating study.”--_Review of Reviews._

_Labor and Administration_

BY JOHN R. COMMONS

PROFESSOR OF POLITICAL ECONOMY IN THE UNIVERSITY OF WISCONSIN

_Cloth, 12mo, $1.60 net_

The history of labor laws and strikes has this in common to
both--laws become dead letters; the victories of strikes are
nibbled away. Some philosophers fall back on the individual’s
moral character. Little, they think, can be done by law or
unions. There are others who inquire how to draft and enforce
the laws, how to keep the winnings of strikes--in short, how to
connect ideals with efficiency.

These are the awakening questions of the past decade, and the
subject of this book. Here is a field for the student and
economist--not the “friend of labor” who paints an abstract
working-man, but the utilitarian idealist, who sees them all
as they are; not the curious collector of facts and statistics
but the one who measures the facts and builds them into a
foundation and structure. His constructive problem is not so
much the law and its abstract rights, as administration and its
concrete results.

PUBLISHED BY
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Publishers 64–66 Fifth Avenue New York

Transcriber’s Notes

Punctuation, hyphenation, and spelling were made consistent when a predominant preference was found in the original book; otherwise they were not changed. Some apparent errors are noted below.

Simple typographical errors were corrected; unbalanced quotation marks were remedied when the change was obvious, and otherwise left unbalanced.

Page 72: “graneries” was printed that way.

Page 76: “watchward” was printed that way.

Page 158: “seige” was printed that way.

Page 262: “Berkely” was printed that way; may be a reference to the Irish philosopher George “Berkeley.”

Footnotes, originally at the bottoms of pages, have been collected, sequentially renumbered, and repositioned after the main text of the book, just before the advertisements.