equality which belongs to ordinary Chinese life will disappear before a new system of industrial caste which capitalism will entail. The decay of morals, which is so noticeable in the declassés Chinese, will spread with the decay of the family power, and an elaborate judicial and punitory machinery will replace the rule of the self-governing family. This collapse of local status will react upon the habit of commercial integrity attested throughout China by the inviolability of business pledges; the new credit system of elaborate Western commerce will involve a network of commercial law and an education in that habit of litigiousness which exercises so dangerous a fascination over some other Asiatic peoples. The increase of wealth which this new industrialism would bring would either flow in economic tribute to the West, or would go to the endowment of a new powerful capitalist caste in China itself, who, following the Western lines, would ally themselves with imperialist politics in order to protect their vested interests. Capitalism, centralised government, militarism, protection, and a whole chain of public regulations to preserve the new order against the rising of old conservative traditional forces – such would be the inevitable outcome. The changes of external environment which have come with dangerous rapidity on Europe during the nineteenth
Table of Contents
Imperialism, A Study
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