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What is Capitalism?

What is the Function of the Capitalist?

THE amazing assertion is sometimes heard that under Socialism the community will assume the function of the capitalist! This, too, from the lips of men popularly supposed to be Socialists. It would at first glance appear that the worst accusations of the enemy are supported by this, and that the robbery of the workers which is now done by the capitalist will become the function of the “nation," and that Socialism is but state capitalism.

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