The End of Laissez-Faire, by Mr. Keynes (Woolf, 2s.), is
a fifty-three page monograph which merits fuller consideration than can be given here. Mr. Keynes considers that Capitalism is, on the whole, more efficient for attaining economic ends than any alternative yet in sight ; but still he doesn't like it at all and says some very unkind things. about it. Has Mr. Keynes, one wonders, considered the possibility that capitalism is a mere wraith, an unsubstantial figment evolved by drowsy professors ? The great corporations, he points out, such as the Univeriities, the Bank of England and the Port of London; are in a sense- already socializing themselves. " The next step forward must come, . not from political agitation or .premature experiment, but from thought . . We need, by in effort of the mind, to elucidate our own feelings . . • There is no party in the world at present which appears to me to be pursuing right aims. by right methods." Mr. Keynes gives, us no solution, but many ideas.
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