"Socialism accepts... the principles, which are the cornerstones of democracy, that authority to justify its title , must rest on consent; that power is tolerable only so far as it is accountable to the public; and that differences of character and capacity between human beings, however important on their own plane, are of minor importance when compared with the capital fact of their common humanity. Its object is to extend the application of those principles from the sphere of civil and political rights, where, at present, they are nominally recognized, to that of economic and social organization, where they are systematically and insolently defined."