Its philosophy is being studied by the greatest minds of the world, and it deserves study because it promises a better, a safer, and a fairer life to the masses.

But as yet it is only a theory, a hypothesis.

It has never been tried _in toto_....

It has succeeded only where it has allied itself with liberal and opportunist rather than radical policies."[4] As the Socialist movement has nowhere achieved political power, obviously it can neither claim political success or be accused of political failure.

Nor does this fact leave Socialism as a mere theory, in view of its admitted and highly significant success in organizing and educating the masses in many countries and animating them with the purpose of controlling industry and government.
Mr.John Graham Brooks, in the _Atlantic Monthly_, gives us another equally typical variation of the same fundamental misunderstanding.
"Never a theory of social reconstruction was spun in the gray mists of the mind," says Mr.Brooks, "that was not profoundly modified when applied to life.