Excerpt from Capital and Profits: Containing a Criticism of Marx and the Next Step in Our Industrial Evolution Socialism is itself in process of evolution. It has already passed through two stages of development. In the first stage, the so-called Utopian, it caught sight of its chief aim, which is - to secure universal ecomic justice. In the second stage, the Marxist, it caught sight of the evil principle which socialism must overthrow, namely, that feudalistic capitalism or financial despotism which is the fundamental cause of ecomic injustice and wrong. But socialism must w enter upon a third stage of develop ment and unfold the concrete plan of industrial reconstruction by which to overthrow industrial autocracy and secure justice and fair play in the struggle for bread. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art techlogy to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.