Note 23 — Chapter VII · THE THIRD SCHOOL1 AND THE SOCIALISTS.
Henry P. (Henry Pomeroy) Horton translation
At the end of his study the author comes to the following conclusion: “The effect of bankruptcy upon criminality and politics is undeniable; it furnishes one of the most striking proofs of the correctness of the historical theory of Karl Marx, that the phenomena of literature and art, of morality and religion, of philosophy and politics, in human society, lead back to the phenomena of economic development.”23