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 and, fastened though it is in every land, it is given little space by the capitalistic press. For all its plea and passion and warmth, it wells upward like a great, cold tidal wave, irresistible, inexorable, ingulfing present-day society level by level. By its own preachment it is inexorable. Just as societies have sprung into existence, fulfilled their function, and passed away, it claims, just as surely is present society hastening on to its dissolution. This is a transition period--and destined to be a very short one. Barely a century old, capitalism is ripening so rapidly that it can never live to see a second birthday. There is no hope for it, the Socialists say. It is doomed.

The cardinal tenet of Socialism is that forbidding doctrine, the