Policies for the solution of the Labour problem fall, broadly speaking, into two main categories. Those which insist upon, or imply, the reconstruction of industry by eliminating private enterprise and the capitalist. Of this type is the policy for which the Labour Party stands—the vague abstraction of “nationalization and democratic control.” All other policies are of the type which postulates, as essential to industrial progress, continuance of the so-called capitalistic organization of industry with, however, amendments and reforms of varying character. There is not always that clear-cut distinction. Many opponents of the Labour Party’s policy are advocates of the particular method of socializing industries known as municipalization, and even of the State running certain quasi-industrial ventures like the Post Office. Such overlapping and border-line cases must always occur. Human affairs can never wholly be regulated by precise formulae; were that possible, the world would be a dull place wherein to live. If the Labour problem is to be solved, there must be more clear thinking, critical analysis, and decisive action on the part of the general public, who forget how vitally they are interested. With the object of placing before them its various elements in logical sequence and balanced perspective, I have, after much consideration, adopted the following scheme for this book: I set out in Part I the policy of the Labour Party for solution of the problem, and examine its fundamentals; next, I describe in Part II the Government’s Labour policy, so far as it has been declared, or evidenced in departmental practice, and consider it; then, lastly, I outline in Part III what, in amplification of the Government policy and in opposition to that of Labour, I conceive to be the true solution, and the one most calculated to promote the interests of the nation.