Capitalism must be "divested of its perversions," the privately owned monopolies and their political machines, primarily for the purpose of strengthening it _against_ Socialism.

"Individualism should make haste to clean the hull of the old ship for the coming great battle with the opponents of private capital...."[29] The reformers, as a rule, like Professor Ross, consciously stand for a new form of private capitalism, to be built up with the aid of the State.

This is the avowed attitude of the larger part of the "progressives," "radicals," and "insurgents" of the day.
The new reform programs, however radical, are aimed at regenerating capitalism.

The most radical of all, that of the single taxers, who plan not only that the state shall be the sole landlord, but that the railways and the mines shall be nationalized and other public utilities municipalized, do not deny that they want to put a new life into private capitalism, and to stimulate commercial competition in the remaining fields of industry.

Mr.Frederick C.Howe, for instance, predicts a revival of capitalistic enterprise, after these measures are enacted, and even looks forward to the indefinite continuation of the struggle between capital and labor.[30] FOOTNOTES: [9] The _Socialist Review_ (London), April, 1909.
[10] The _New Age_ (London), Nov.