CENTRALIZATION AND SOCIALISM. old talriff, whereby many of the commonest articles of civiliaed. life have been virtually prohibited; foreign capital will be freely employed in the cultivation of sugar, rice, tobacco, indigo, and other valuable crops, in the production of which Nicaragua can compete with any country in the world; and the resources of the mining districts will be developed by energetic and experience min~rs from California. CENTRALIZATION AND SOCIALISM. The complaint is universal that modern implrovements, while they lessen the labor required to create wealth, and are vastly increasing its aggregate amount, beget continually its more unequal distribution. They are, as yet, but engines in the hands of the rich and the skillful to oppress the laboring class. The large towns are consnuming the small ones, and the great capitalists eating up the lesser ones. Every day sends forth its new swarms of paupers, whilst every month begets its millionaire. Capital becomes more powerful as it is wielded in larger masses, and as it grows stronger it becomes more oppressive and exacting. The small capitalist sympathizes somewhat with his laborers because hlie is not far removed from them in social condition, and is acquainted with their persons, their feelings, and their wants. The wealthy capitalist soon learns to look on them as mere human machines representing so much physical and industrial power. It is a notorious statistical fact, that free laborers generally throughout the world are suffering physical discoinfort and destitution. It is equally notorious that slaves in all ages and countries have had their physical wants well supplied. Such suffering and destitution as the free laboring class now endure must injuriously affect their moral condition, and the statistics of crime everywhere attest the truth of the theory. Mlan emancipated from human masters, and remitted to the unfeeling despotism of capital, has, so far, lost by the exchange, both physically and morally. His prospects in the fiuture are still darker than the past, for every improvement in physical science and in the mechanic arts are but mere instruments of oppression and exaction in the hands of capital and skill. The wealth which labor is daily creating are but new fetters that it welds wherewith its own limbs are to be bound, for labor alone creates and pays the profits of capital, and the larger the amount of capital, the more labor will be required to pay its rents, interest, and dividends. The condition of the domestic slave generally improves in some degree as his master becomes more wealthy. 692
Centralization and Socialism [pp. 692a-694a]
Debow's review, Agricultural, commercial, industrial progress and resources. / Volume 20, Issue 6
Annotations Tools
CENTRALIZATION AND SOCIALISM. old talriff, whereby many of the commonest articles of civiliaed. life have been virtually prohibited; foreign capital will be freely employed in the cultivation of sugar, rice, tobacco, indigo, and other valuable crops, in the production of which Nicaragua can compete with any country in the world; and the resources of the mining districts will be developed by energetic and experience min~rs from California. CENTRALIZATION AND SOCIALISM. The complaint is universal that modern implrovements, while they lessen the labor required to create wealth, and are vastly increasing its aggregate amount, beget continually its more unequal distribution. They are, as yet, but engines in the hands of the rich and the skillful to oppress the laboring class. The large towns are consnuming the small ones, and the great capitalists eating up the lesser ones. Every day sends forth its new swarms of paupers, whilst every month begets its millionaire. Capital becomes more powerful as it is wielded in larger masses, and as it grows stronger it becomes more oppressive and exacting. The small capitalist sympathizes somewhat with his laborers because hlie is not far removed from them in social condition, and is acquainted with their persons, their feelings, and their wants. The wealthy capitalist soon learns to look on them as mere human machines representing so much physical and industrial power. It is a notorious statistical fact, that free laborers generally throughout the world are suffering physical discoinfort and destitution. It is equally notorious that slaves in all ages and countries have had their physical wants well supplied. Such suffering and destitution as the free laboring class now endure must injuriously affect their moral condition, and the statistics of crime everywhere attest the truth of the theory. Mlan emancipated from human masters, and remitted to the unfeeling despotism of capital, has, so far, lost by the exchange, both physically and morally. His prospects in the fiuture are still darker than the past, for every improvement in physical science and in the mechanic arts are but mere instruments of oppression and exaction in the hands of capital and skill. The wealth which labor is daily creating are but new fetters that it welds wherewith its own limbs are to be bound, for labor alone creates and pays the profits of capital, and the larger the amount of capital, the more labor will be required to pay its rents, interest, and dividends. The condition of the domestic slave generally improves in some degree as his master becomes more wealthy. 692
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- Reply to Abolition Objections to Slavery - A. J. Roane - pp. 645a-670a
- Nicaragua - pp. 670a-692a
- Centralization and Socialism - George Fitzhugh - pp. 692a-694a
- Tropical Agriculture, Book III (Concluded) - pp. 694a-709a
- Pacific Railroad - George Elliott - pp. 709a-715a
- Climate, Products, and Health, North and South - Dr. Ed. Barton - pp. 715a-740a
- Kansas a Slave State - pp. 741a-744a
- Drawback to Southern Industry - pp. 744a-745a
- The Price of Guano - pp. 745a-746a
- Health of Young Negroes - pp. 746a-747a
- Vessels Built in Each State and Territory, 1855 - pp. 747a-748a
- Education in Louisiana - pp. 748a
- Railroads - pp. 748a
- Card of Editor, Etc. - pp. 749a-750a
- Book Notices, Etc. - pp. 750a
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- Debow's review, Agricultural, commercial, industrial progress and resources. / Volume 20, Issue 6
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"Centralization and Socialism [pp. 692a-694a]." In the digital collection Making of America Journal Articles. https://name.umdl.umich.edu/acg1336.1-20.006. University of Michigan Library Digital Collections. Accessed May 9, 2025.