Jack London on the historic failure of the capitalist class

There are many counts of the indictment which the revolutionists bring against the capitalist class, but for present use only one need be stated, and it is a count to which capital has never replied and can never reply.

The capitalist class has managed society, and its management has failed. And not only has it failed in its management, but it has failed deplorably, ignobly, horribly. The capitalist class had an opportunity such as was vouchsafed no previous ruling class in the history of the world. It broke away from the rule of the old feudal aristocracy and made modern society. It mastered matter, organized the machinery of life, and made possible a wonderful era for mankind, wherein no creature should cry aloud because it had not enough to eat, and wherein for every child there would be opportunity for education, for intellectual and spiritual uplift. Matter being mastered, and the machinery of life organized, all this was possible. Here was the chance, God-given, and the capitalist class failed. It was blind and greedy. It prattled sweet ideals and dear moralities, rubbed its eyes not once, nor ceased one whit in its greediness, and smashed down in a failure as tremendous only as was the opportunity it had ignored.

But all this is like so much cobwebs to the bourgeois mind. As it was blind in the past, it is blind now and cannot see nor understand. Well, then, let the indictment be stated more definitely, in terms sharp and unmistakable...The capitalist class has mismanaged, is to-day mismanaging. In New York City 50,000 children go hungry to school, and in New York City there are 1320 millionnaires. The point, however, is not that the mass of man kind is miserable because of the wealth the capitalist class has taken to itself. Far from it. The point really is that the mass of mankind is miserable, not for want of the wealth taken by the capitalist class, but for want of the wealth that was never created. This wealth was never created because the capitalist class managed too wastefully and irrationally. The capitalist class, blind and greedy, grasping madly, has not only not made the best of its management, but made the worst of it. It is a management prodigiously wasteful. This point cannot be emphasized too strongly.

With the natural resources of the world, the machinery already invented, a rational organization of production and distribution, and an equally rational elimination of waste, the able-bodied workers would not have to labor more than two or three hours per day to feed everybody, clothe everybody, house everybody, educate everybody, and give a fair measure of little luxuries to everybody. There would be no more material want and wretchedness, no more children toiling out their lives, no more men and women and babes living like beasts and dying like beasts. Not only would matter be mastered, but the machine would be mastered. In such a day incentive would be finer and nobler than the incentive of to-day, which is the incentive of the stomach. No man, woman, or child would be impelled to action by an empty stomach. On the contrary, they would be impelled to action as a child in a spelling match is impelled to action, as boys and girls at games, as scientists formulating law, as inventors applying law, as artists and sculptors painting canvases and shaping clay, as poets and statesmen serving humanity by singing and by statecraft. The spiritual, intellectual, and artistic uplift consequent upon such a condition of society would be tremendous. All the human world would surge upward in a mighty wave.

This was the opportunity vouchsafed the capitalist class. Less blindness on its part, less greediness, and a rational management, were all that was necessary. A wonderful era was possible for the human race. But the capitalist class failed. It made a shambles of civilization. Nor can the capitalist class plead not guilty. It knew of the opportunity. Its wise men told it of the opportunity, its scholars and its scientists told it of the opportunity. All that they said is there to-day in the books, just so much damning evidence against it. It would not listen. It was too greedy. It rose up (as it rises up to-day), shamelessly, in our legislative halls, and declared that profits were impossible without the toil of children and babes. It lulled its conscience to sleep with prattle of sweet ideals and dear moralities, and allowed the suffering and misery of mankind to continue and to increase. In short, the capitalist class failed to take advantage of the opportunity. But the opportunity is still here. The capitalist class has been tried and found wanting. Remains the working-class to see what it can do with the opportunity...
Jack London, 'Revolution', 1905