By G. D. H Cole
This quantity used to be Cole's first significant paintings of political financial system in nearly a decade and it successfully located him as a mainstream Fabian who sought to stabilize capitalism ahead of progressing socialism through basically statist ability. motivated by means of J A Hobson and Maynard Keynes the primary for Cole grew to become the formula of a method which might mitigate the pain of the hundreds and lay the root for socialist strengthen.
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Example text
Nowadays no intelligent person can hold that view; and therefore to-day lack of political interest involves flight—for intelligent persons conscious flight—from the world of realities. Of course, there is to-day a large section of the people for whom this conscious flight is impossible. In the mining areas of South Wales, Durham, and Lanarkshire, in the shipyard towns, and in the cotton districts of Lancashire, attention is forcibly attracted to political affairs. Nor can the inhabitants of these areas fly from politics to the pursuit of personal pleasure.
It has arisen in a very practical form in connection with the invitations to the British steel trade to join the European steel cartel, and it may arise at any time in connection with a proposal for a coal cartel embracing all the important West European coalfields. 26â•… The Next Ten Years: In British Social and Economic Policy British industrialists are at present highly uncertain in their attitude towards schemes of this kind. They do not like the idea, partly because it flatly contradicts the traditional individualism of British trading methods, but still more because it hurts their pride.
Their impulse lost its first vitality; and the chance had not been taken of translating it into a sure and well-grounded political faith. They were offered programmes; but did even the creators of these programmes whole-heartedly believe in them as practical plans of action? The doubt began whether politicians of all parties were not more afraid of the complexity of their task than eager to take on the man’s work of straightening out the tangle of the world’s affairs. And, once raised, the doubt was not easy to put to sleep.