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[Reprinted from The Freeman,
1939 ]
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Sherwood Eddy was born in 1871 in Kansas.
He graduated from Yale University in 1891 and then from
Princeton Theological Seminary. In 1911 he was appointed
national secretary of the Y.M.C.A. This book, Revolutionary
Christianity, was published in 1939 in Chicago by Willett,
Clark Publishers. Eddy died in 1963. .
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Under the title, Revolutionary Christianity, Sherwood Eddy,
noted Christian leader, declares that Marxism "Is an essentially
correct theory and analysis of the economic realities of modern
society," and "the only solution of today's problem is the
abolition of economic classes by ending the private ownership of the
process by which society is fed, clothed, housed and served" (pp.
149, 210).
"Higher Criticism" Accepted Mr. Eddy accepts the major
findings of Biblical "higher criticism"; and he does not
believe in the "Virgin birth" or the literal resurrection of
Jesus, who, he declares, advocated the revolutionary "Kingdom of
God" as a "classless community."
While this ideal has been upheld by certain heroic and saintly
persons all through the centuries, according to Mr. Eddy, he cancels
out, as contrary to the gospel and purpose of Jesus, the systems of
dogma and worship in all branches of the Christian church down to our
own times.
Economic Inconsistency
Karl Marx and Henry George are acclaimed by Eddy as prominent among
those who, in modern times, have striven for a social order harmonious
with the ideals of Jesus (pp. 210, 218). To this end, Eddy seeks a
synthesis of Georgism and Marxism on the assumption that socialism
(public ownership of productive capital) is consistent with taxation
of land values. He sees no economic difference between unearned income
arising from ground rent and income accruing from capital, and so,
would tax all such income without distinction as to source.
Eddy regards private ownership of productive equipment (capital) as
an economic evil without analysis of the prevailing situation which
compels capital to liquidate ground rent and taxes prior to wages. In
his view, therefore, the Georgist proposal is only a minor item
without basic significance in comparison with public expropriation of
capital.
With all Marxists, Eddy assumes that if taxes were shifted from
capital to the ground rent of occupied sites, as well as to the market
price of unused locations, there would still inhere in privately-owned
capital an unchanged oppressive power which could be ended only by
public ownership; whereas, in fact, the REVERSAL of tax methods would
abolish the existing: ban on productive industry, throw monopolized
sites onto the market, stimulate the flow of bank credit into
-business enterprise, promote employment of labor, and the creation of
mass buying power.
Nature of State Unrecognized In common with all Marxists, Eddy fails
to grasp the emergence of the modern State as a political compromise
between the prestige of ground landlordism and the energy of bourgeois
capital. By this means, the middle and laboring classes have acquired
a voice in government upon condition of assuming the chief burden of
taxation; while ground rent is protected as a form, of special private
privilege, and unused land is held at a level of assessment below that
of productive industry. The growing fiscal pressure of today will
concentrate public attention upon this issue, and compel socialists to
analyze economic problems more clearly. Mr. Eddy is completely
sincere, and is impelled by a spirit of loving humanitarianism. He
believes that Marxism comes within the terms of the brotherhood of man
and fatherhood of God. But he is merely expressing the current
uncritical ideas of socialism; whereas, formerly, he advocated the
uncritical individualism of religious "orthodoxy."
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