Quote [49] – Technology, Efficiency, Employment and The Beneficiaries Of Progress

“The foodstuffs and other goods which the world needs can be produced in far fewer hours of work than formerly.  But this has made the problem of the division of labour and the distribution of the goods produced far more difficult.  We all feel that the free play of economic forces, the unregulated and unrestrained pursuit of wealth and power by the individual, no longer leads automatically to a tolerable solution of these problems.

Production, labour, and distribution needs to be organised on a definite plan, in order to prevent valuable productive energies from being thrown away and sections of the population from becoming impoverished and relapsing into savagery.  If unrestricted sacro egoism leads to disastrous consequences in economic life, it is a still worse guide in international relations.”

The world as I see it
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