Pictures of the Socialistic Future
By Eugene Richter
Eugene Richter (1838-1906) was a member of a generation of classical liberals who died between the turn of the 19th century and the First World War. This generation included the French economist
Gustave de Molinari (1819-1912), the English sociologist
Herbert Spencer (1820-1903), the English historian Lord Acton (1834-1902), the English radical individualist Auberon Herbert (1838-1906), the American sociologist William Graham Sumner (1840-1910), and the English radical liberal
Thomas Mackay (1849-1912). What died with the passing of this generation was a form of classical liberalism which was based on a strong defence of individual liberty, property rights and self-ownership, free trade and laissez-faire, and opposition to war and imperialism. The “liberalism” which emerged after the catastrophe of the First World War, if one can indeed call it “liberalism”, turned its back on this generation of classical liberals and all that it believed in–with dire consequences for liberty in the 20th century.Richter was born in Duesseldorf and attended universities in Bonn, Heidelberg and Berlin. In the late 1860s, when the German unified nation state was being created by Prussia through a series of wars against other German states and France, Richter first became a member of the German national parliament (the Reichstag). Over several decades he used Parliament as a platform to voice his unwavering opposition to increasing state expenditure, increases in the size and power of the army and the navy, government abuses of individual freedom, and colonial policy. Richter was faced with two major sources of opposition to his form of classical liberalism. On the one hand there were the conservatives led by Otto von Bismarck who cleverly forged an alliance between traditional conservatives, the military, and the working class with his combination of warfare and welfare expenditure and tariff protection. On the other hand, there were the socialists who wanted to maintain the high level of government expenditure, but shift the balance more towards welfare expenditure. As modern electoral politics emerged in Germany in the late 19th century Richter’s never-ending opposition to all government expenditure increasingly came to be seen as mere dogmatism and pig-headed “Manchesterism” (as free trade and free market ideas were called).Pictures of the Socialistic Future (freely adapted from Bebel) (1891), is Richter’s satire of what would happen to Germany if the socialism espoused by the trade unionists, social democrats, and Marxists was actually put into practice. It is thus a late 19th century version of Orwell’s
1984, minus the extreme totalitarianism which Orwell had witnessed in Nazi Germany and Stalinist Russia but which was still inconceivable to 19th century liberals. The main point of the book is to show that government ownership of the means of production and centralised planning of the economy would not lead to abundance as the socialists predicted would happen when capitalist “inefficiency and waste” were “abolished”. The problem of incentives in the absence of profits, the free rider problem, the public choice insight about the vested interests of bureaucrats and politicians, the connection between economic liberty and political liberty, were all wittily addressed by Richter, much to the annoyance of his socialist opponents.Richter’s book is part of a series we are putting together online on late 19th century free market criticism of socialism. It now joins those by
Mackay and
Spencer.Little has been written on Richter. There is a brief excerpt from one of his books and a short bio in
Western Liberalism: A History in Documents from Locke to Croce, ed. E.K. Bramsted and K.J. Melhuish (London: Longman, 1978). There is a long chapter on Richter in Ralph Raico,
Die Partei der Freiheit: Studien zur Geschichte des deutschen Liberalismus (Stuttgart: Lucius, 1999). See also Ralph Raico, “Eugen Richter and Late German Manchester Liberalism: A Reevaluation,”
The Review of Austrian Economics, vol. 4, 1990, pp. 3-25. Online at
http://www.qjae.org/journals/rae/pdf/R4_1.pdf.
David M. Hart
March 1, 2004
Translator/Editor
Henry Wright, trans.
First Pub. Date
1891
Publisher
London: Swan Sonnenschein & Co., Ltd.
Pub. Date
1907
Comments
First published in German. Introduction by Thomas Mackay.
Copyright
The text of this edition is in the public domain.
- Some Press Notices
- Introduction, by Thomas Mackay
- Chapter 1
- Chapter 2
- Chapter 3
- Chapter 4
- Chapter 5
- Chapter 6
- Chapter 7
- Chapter 8
- Chapter 9
- Chapter 10
- Chapter 11
- Chapter 12
- Chapter 13
- Chapter 14
- Chapter 15
- Chapter 16
- Chapter 17
- Chapter 18
- Chapter 19
- Chapter 20
- Chapter 21
- Chapter 22
- Chapter 23
- Chapter 24
- Chapter 25
- Chapter 26
- Chapter 27
- Chapter 28
- Chapter 29
- Chapter 30
- Chapter 31
- Chapter 32
- Chapter 33
- Chapter 34
- Chapter 35
- Postscript, by Henry Wright
Chapter III
DISCONTENTED PEOPLE.
AGNES, our prospective daughter-in-law, is quite inconsolable, and Franz is hardly less depressed. Agnes is in fear for her dowry. For a long time past she has been industriously saving up, and more especially so since her acquaintance with Franz. Her industry was such that she would scarce allow herself time for her meals, and the sums which her companions spent in finery, in pleasures, or in short excursions, she devoted to the increase of her little capital. By these means she had no less a sum than two thousand marks in the savings bank at the time of her becoming engaged. It was with no little pride and complacency that Franz told me all this on the evening of the engagement day. The young people began to devise schemes as to how
they could lay out this large sum of money to the best advantage.
But now it seems that all her industry and economy are to prove quite futile. Rendered uneasy by all sorts of reports that reached her, Agnes determined to go to the bank and give notice of withdrawal. Arrived in the neighbourhood of the bank, she found the street filled with excited groups. Old men and women, and numerous girls who had been servants during the old order of things, complained piteously of being cheated, as they said, out of their hard-earned savings. The officials, it appears, had stated that along with all other values which, by the operation of the new decrees had been confiscated, the funds of the savings bank were also void.
The mere rumour of such a thing nearly made poor Agnes faint. Summoning courage, however, to enter the bank, she there soon received confirmation of this incredible news. Hastening to us, she heard it rumoured that deputations of bank creditors were on their way to the palace to seek an interview with the Chancellor. On hearing this I started off at once, and Franz went with me.
We found an immense crowd gathered in front of the palace. Across Lassalle Bridge (the old King William’s Bridge), streams of people kept surging up towards the palace. It is clear this savings bank question is deeply stirring the public mind. All the entrances to the courts of the palace were securely fastened. The crowd in front made various efforts to obtain forcible entrance, but in vain. Suddenly several gun-barrels from inside bristled through loopholes in the doors, which loopholes I had somehow never noticed before.
Who can say what might have been the end of all this if, at this critical moment, the Chancellor had not appeared on the scene and thus restored order? He stepped out upon the balcony of the middle portal, and in a clear and sonorous voice, declared that the savings bank question should receive the immediate consideration of the Committee of Government. He begged all true patriots and consistent Socialists to confide fully in the justice and wisdom of the representatives of the people. Loud hurrahs greeted our Chancellor as he withdrew.
Just at this moment several fire brigades came tearing along at a gallop from different directions towards the palace. There being now no police to summon, the authorities had in their consternation telegraphed from the palace, reporting a great fire there. The arrival of the gallant fellows was greeted with much laughter. By and by the crowd dispersed in a more good-humoured and pliant mood. It is only to be hoped that the Government will do the right thing in this business