The Intelligent Woman must resist the impulse to intervene in conversational bickerings and letters to the Press about Socialism and Capitalism by people who understand neither. Meaningless vituperation and general misuse of nomenclature. Politicians misname themselves as well as oneanother. Self-contradictory names such as Communist-Anarchist. Real distinctions. Direct Action _versus_ Fabianism. Poor Man’s Capitalism: its forms. It often masquerades as Socialism. The assumption of the name Communist by the cruder sort of Direct-Actionists produces the anomaly of a Labor Party expelling Communists whilst advocating Communist legislation. Fascism, produced by impatient disgust with Parliament as an institution, is common to the extreme Right and the extreme Left. Methods of Direct Action. The General Strike. Its absurdity. Its futility as a preventive of war. Pacifism. Supernational social organization. Empires and Commonwealths. Confusions as to Democracy. Proletarian jealousy of official power. Resultant autocracy in the Trade Unions. Labor leaders more arbitrary than Peers, and much more cynical as to working class political capacity than middle class and aristocratic idealists. Democracy in practice has never been democratic; and the millennial hopes based on every extension of the franchise, from the Reform Bill of 1832 to Votes for Women, have been disappointed. The reaction. Discipline for everybody and votes for nobody. Why women should stick resolutely to their votes. Proportional Representation opposed by the Labor Party. Need for a scientific test of political capacity. Those who use democracy as a stepping stone to political power oppose it as a dangerous nuisance when they get there. Its real object is to establish a genuine aristocracy. To do this we must first ascertain which are the aristocrats; and it is here that popular voting fails. Mrs Everybody votes for Mrs Somebody only to discover that she has elected Mrs Noisy Nobody. 443 84 PERORATION