The Next Ten Years in British Social and Economic Policy

By G. D. H. Cole | Go to book overview
CONTENTS
page
PREFACEvii
CHAPTER I POLITICS, OLD AND NEW1

"Things can never be the same again"—The period of 'Reconstruction'—The return to 'normalcy'—Post-war boom and slump —Banking and unemployment—The restoration of 'private enterprise' a failure—The growth of insecurity—The decay of capitalism—Socialist hesitations—Post-war economic problems: the coal industry—Nationalisation, old and new—Pre-war and post-war unemployment compared—The wages question—The need for fresh political thinking—The flight from politics—The vested interests and the common man—The post-war generation and its attitude—The intelligentsia—The case for political Benthamism—Are Utopias out of date?—The cant of Utopianism— And its virtues—The need for a self-acting economic system— Happiness as a political principle—And as a guide to individual conduct—The need for intellectual honesty—We must think out the new problems of the post-war world.

CHAPTER II BRITISH TRADE AND THE FUTURE22

Free Trade and the international division of labour—The growth of world Protectionism—The export of British capital and its effects— Great Britain loses her monopoly—The 'balance of trade' before the War—British exports before and after the War—The post-war 'trade balance'—Can Great Britain afford to specialise as much as before the War?-Or must we redistribute capital and labour?—Our trade in coal and cotton goods considered—We must expect a permanent decline in the export of cheap cottons— The coal problem turns on an increased home consumption—Oil from coal—Increased efficiency may involve displacement of labour—We must rely on exports less than in the past—This involves the development of the home market—And the revival of agriculture—The problem of trade with the Empire considered

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