Socialism needs to pull down wealth; liberalism seeks to raise up poverty. Socialism would destroy private interests, liberalism would preserve (them) by reconciling them with public right. Socialism would kill enterprise; liberalism would rescue enterprise from the trammels of privilege and preference. Socialism assails the preeminence of the individual; liberalism seeks to build up a minimum standard for the mass. Socialism exalts the rule; liberalism exalts the man. Socialism attacks capitalism; liberalism attacks monopoly.