July 2020 | Page 66

POL 315 MODULE 3 Most noted was the effort at New Harmony, Indiana (1825-1828), purchased by Owen after another group had unsuccessfully tried to start a communal colony there and the Owen experiment also failed. Interestingly, America was regarded as the land of opportunity and hope by socialists as well as capitalists. Here, it was thought, a new society could be founded, one that was insulated from the stratification and prejudices of the old world. Although these communal experiments failed, several attained an importance beyond their role as socialist experiments. Asserting the labor theory of value, the utopian support of the worker against the owner gave an important development of trade unionism by giving it an economic doctrine and moral basis. Their emphasis was on moral wish for mutual human kindness and compassion, and Saint- Simon's strongest contributions to socialist arguments were his criticisms of capitalism. Capitalism is wasteful because it pitted people against each other and imposed poverty on many to produce wealth for a few. Capitalists made profits far beyond their own productivity, a fact Saint-Simon decried, thereby making him popular with the French working class. As a partial solution to the evils he saw in the capitalist system, Saint- Simon proposed a centralised banking system that would make for social investments. He also called for the elimination of property inheritance and supported universal education. - ideas that did not become generally known until after unhappy eccentric's suicide, however, when a cult of admiring followers lionised him and probably credited him with beliefs he did not actually hold. Important as the utopians were to the development of socialism, their influence is largely limited to their own generation and the one following. Even so, the failure of the communes led to a general disillusionment with the theories on which they were based, and popular attention soon turned from utopianism to more practical concerns. 4.0 CONCLUSION Utopian socialism was drawn up from British, French and German sources. It was a mixture of French utopian and German idealism with their emphasis on the value of the state. The utopians believed that people would be encouraged, to understand that socialism was the only moral economic system. The utopians were strongly silent about their economic agenda and in this way; they avoided the crucial issue of how community can be sustained at all in the face of market-driven economic inequalities. 54