These laws [the English Factory Acts] were the fruit of an agitation headed, not by Socialists, but b…

These laws [the English Factory Acts] were the fruit of an agitation headed, not by Socialists, but by a pious conservative nobleman, Lord Shaftesbury, who did not find in his Bible any authority for the Capitalist theory that you could and should produce universal well-being by breaking all the laws of God and Man whenever you could make a commercial profit by doing so. This amazing theory was not only put into practice by greedy people, but openly laid down and explicitly advocated in books by quite sincere and serious professors of political ecnonomy and jurisprudence . . . It is still taught as authentic political science at our universities. It has broken the moral authority of university bred Churchmen, and reduced university bred Statesmen to intellectually self-satisfied impotence. It is perhaps the worst of the many rationalist dogmas that have in the course of human history led naturally amiable logicians to countenance and commit villainies that would revolt professed criminals.

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