ate or absorb all the
others."

"The Economic Basis of an Enduring Peace."

C.W. MACFARLANE.

"Men cannot exist in their present numbers on the earth without world
co-operation."

"Our Social Heritage."

GRAHAM WALLAS.

"The real way, surely, in which to organize the interests of producers
is by working out a delimitation of industry, and confiding the care of
its problems to those most concerned with them. This is, in fact, a kind
of federalism in which the powers represented are not areas but
functions."

"Foundations of Sovereignty."

H.J. LASKI.

SUMMARY OF THE ARGUMENT

Men progress in proportion as they are able to fit themselves for life,
and to fit life to themselves. Both processes go on unceasingly.

Recent economic changes have brought the remotest parts of the world
into close contact with "civilization" at the same time that they have
increased the dependence of one part of the world upon another part.
Oddly enough, this interdependence has been intensified under a system
of society that deified competition. The conflicts, inevitably resulting
from such a contradiction, have taken a terrible toll in life and
well-being, and have left Europe in chaos.

The successful organization of the life of the world is impossible
without the organization of its economic affairs. For the present plan
of competition between groups, classes and nations there must be
substituted a means of co-operative living. The organization of a
producers society will provide that means. Local initiative must be
preserved; self-government in economic affairs must be assured, and the
economic activities of the world must be federated in such a way that
all economic problems of world concern will be brought under some
central authority which is representative of the various interests
involved at the same time that it controls the disposition of economic
life. A world parliament composed of representatives elected by the
workers in the various producing groups would provide such a central
authority, and would furnish the means of directing the economic
experiments of the race.

Economic emancipation is the objective. The means for its attainment is
a society organized in terms of producers groups, and living in
accordance with the highest known standards of intelligent social
direction.

TABLE OF CONTENTS

CHAPTER HEADINGS

1. _A World Economic Program_

CHAPTER I. THE NEW