importance of the smaller capitalism which in its turn has in all modern communities given rise to certain very distinct and easily differentiated political manifestations.
The question thereon occurs: Is the Marxian theory of the rise of a revolutionary proletariat correct?
Unless this can be shown the whole of the revolutionary theory topples, at least as far as the socialist propaganda is concerned.
So we are brought to an examination of the proletariat itself and to a somewhat close analysis of its component parts, that we may the better appreciate the substantial power which it actually possesses, with a view of determining its possible effectiveness in a revolutionary struggle.
It will be observed that the term "revolutionary" is used in the broadest possible sense and is not confined to those physical manifestations and ebullitions which are generally the concomitants and transitory expressions of politico-social movements but which are not to be confused with the movements themselves.
The Marxian classification broadly and very satisfactorily divides modern industrial communities into three broad sections—the greater and dominant capitalism, which is practically in control; the smaller capitalism which has lost control but which stubbornly and incessantly maintains the fight against the greater capitalism, and the proletariat which is practically, so far, a negligible quantity.
The Marxian theory predicates the destruction of the petit bourgeois and the forcible thrusting of that somewhat unpleasant individual into the pit of proletarianism whence he is to come forth as an avenging angel and to repay his sufferings at the hands of the greater capitalism by the destruction of the latter.
But here we encounter somewhat of a check for the beaten petit bourgeois does not to any extent take sides with the proletarian and does not furnish that leadership and brains to the proletarian movement which it was con-
