Hence, in order to distinguish the socialist situation from the others, socialism always falls back on that vaguest of all concepts, teleology. Capitalism, it is said, has regard only for itself; it seeks but to preserve itself. Socialism, on the other hand, is a constructive force on the march. But nothing warrants the belief that the means employed will result in socialism. Teleology can only create a stir for a short time as an instrument of propaganda; but it is far from certain that such propaganda can give character to socialism, which more and more is losing its specific reality as a
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