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Section V. The Capitalist State in Proportion As It Grows Perfect Grows

The Servile State · Hilaire Belloc — chapter 3 of 16 · ~97 words · public domain

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The Capitalist State in Proportion as It Grows Perfect Grows Unstable:--It can of its nature be but a transitory phase lying between an earlier and a later stable state of society--The two internal strains which render it unstable--(a) The conflict between its social realities and its moral and legal basis--(b) The insecurity and insufficiency to which it condemns free citizens--The few possessors can grant or withhold livelihood from the many non-possessors--Capitalism is so unstable that it dares not proceed to its own logical conclusion, but tends to restrict competition among owners, and insecurity and insufficiency among non-owners.

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