And the same thing holds good of the inequalities of the human intellect.

For the social astronomer they are nothing.

For the practical man they are everything.
It is in the astonishing confusion between speculative and practical truth which characterised the evolutionary sociologists of the nineteenth century that the socialists of to-day are seeking for a new support to their system.

And now let us consider the way in which they themselves have improved the occasion, and apply the moral which they have drawn from such a singularly deceptive source.

The three points which they aim at emphasising are the smallness of the products which the able man can really claim as his own, the consequent diminution of his claims to any exceptional reward on account of them, and the fact that even the highest ability, however rare it may be, is very much commoner than it seems to be, and will, for this reason in addition to those just mentioned, be obtainable in the future at a very much reduced price.
Of these three points the last is the most definite.