"Socialism,
Communism, or whatever one chooses to call it, by converting private property
into public wealth, and substituting co-operation for competition, will restore
society to its proper condition of a thoroughly healthy organism, and insure
the material well-being of each member of the community. It will, in fact, give
Life its proper basis and its proper environment. But for the full development
of Life to its highest mode of perfection, something more is needed. What is
needed is Individualism. If the Socialism is Authoritarian; if there are
Governments armed with economic power as they are now with political power; if,
in a word, we are to have Industrial Tyrannies, then the last state of man will
be worse than the first".
(The soul of man under socialism, 1891)
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