Excerpt from Actuarial Society of America Transactions, 1920, Vol. 21: Nos. 63, 64; With Index
In recent years much has been written and said in regard to The Rights of Man as distinguished from Property Rights. It is claimed that the living man has a value so superlatively high that property cannot, and must not, be placed anywhere in competition, and that legislation, in dealing with questions of property, has unduly neglected the mass of humanity who may own but little of this world's wealth. There is a large element of truth in this viewpoint; but having attained to this pinnacle, many socialists then take a ﬂying leap over the adjacent gulf, and make the further statement that all legislation should be on behalf of the people - the masses - while property should be ignored. The discussion by the more radical element is along a line of cleavage, as if property were something in which men, as men, have no interest; and as if the Rights of Men could be separated, wide as the poles, from the property they may possess.
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