Show THE DECLINE D CLINE OF RADICALISM Recently an m internationally intern known liberal mad made a statement ment to the effect that radi radicalism of all sorts in America was at its lowest point in inmany inmany inmany many generations This statement was borne out by the remarkably the dissenting dissent dissent- dissenting poor showing of leading ing ing party the Socialists in the last election We do not need to look far afield for the answer There are two 10 out out- outstanding outstanding out outstanding standing reasons one is the growing liberalism of American capital and the other the high status of Amer Amer- American American ican labor with its increasing know know- knowledge knowledge knowledge ledge of the economic bor relationshiP relationship between n capital and labor labor la- la I The idea of Tle- Tle pic- pic pictured a few wealthy men acting as ruthless dictators controlling the people of a nation and exploiting labor Today in contrast Capital as exemplified by our great industries is understood to represent the accum- accum savings of millions of investors rich and md poor alike Labor exploitation in any form is isa isa a thing of the past Employers un- un understand un understand understand that satisfied al earning high wages are the nations nation's great greatest st asset in home market buy buy- buying buy buy- buying buying ing power ownership of stock pioneered by the electric light and power companies and now gen gen- generally gen gen- generally generally adopted by all industries was the forerunner and continuous incentive incentive incentive tive for the idea of or making the words I labor and capital synonymous The agitator today is hard put to find an enthusiastic audience in in industrial in- in industrial industrial America The Utopian dream of and cooperation cooperation cooperation tion between the worker and the fin fin- financier financier fin financier ancier seems to have been realized to in America the land of opportunity for the tb individual I |