Chapter 5

REPUDIATION OF MARX BY MODERN SOCIALISTS. THEIR RECOGNITION OF DIRECTIVE ABILITY

The more educated socialists of to-day, when the matter is put plainly before them, admit that the argument of the preceding chapters is correct, and repudiate the doctrine of Marx that "labour" is the sole producer.

Examples of this admission on the part of American socialists.

The socialism of Marx, however, still remains the socialism of the more ignorant classes, and also of the popular agitator.

It is, moreover, still used as an instrument of agitation by many who personally repudiate it. The case of Mr. Hillquit.

The doctrine of Marx, therefore, still requires exposure.

Further, it is necessary to understand this earlier form of socialistic theory in order to understand the later.