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would be directed, not to the production of more surplus value, but to the making of permanent improvements, which would give employment to the people, and make them content with the new order of things. Highways, parks, public buildings, monuments, could be builded; nor would it be out of place to give better factories and homes to the workers. Such in itself would be socialistic, save that it would be done by the oligarchs, a class apart. With the interest rate down to zero, and no field for the investment of sporadic capital, savings among the people would utterly cease, and old-age pensions be granted as a matter of course. It is also a logical necessity of such a system that, when the population began to press against the
