I. The Transforming of Instinctive into Conscious Impulses

Truly, infinitely much has become different—quite suddenly—different since the time of the 15th century when the fifth Post-Atlantean Age began, following as it did upon the Fourth which then came to an end. (The Fourth, as you know, had begun in the 8th century B.C.). Men only fail to notice how radically the constitution of soul in civilized mankind was changed in the transition, for example from the 13th or 14th to the 15th or 16th century. I have told you of many phenomena in the realm of Art, in the realm of Thought and in other realms of life, in which you can recognize the change. Today we will consider another aspect—an aspect which is of peculiar importance for the forces which are working themselves out in the present and in the immediate future. We may truly say: It is only since the beginning of the 5th Post-Atlantean Age that men have consciously observed the public economic and industrial life as to the way it enters into the social structure. Previously, these things, of which men think consciously to-day, came forth more or less instinctively. It is only towards the 16th century that men begin consciously to raise the question: What is the nature of the order of political economy? What is the best kind of economic order? What are the laws that underlie it? It is from considerations of this kind that the impulses of the socialistic world-conception have evolved even to our own day. Formerly these things had been ordered more or less instinctively, from man to man, from association to association, from guild to guild, corporation to corporation, and even from realm to realm. Only since the rise of the modern form of State which itself dates back, approximately, to the 16th century, do we see this conscious thinking about economic questions!