Initiative, stimulation of, 83 Intelligent social direction, 145 Iron ore, production of, 17 Job-ownership, 36 Judiciary, basis for, 132 Knowledge, accumulations of, 143 Knowledge, additions to, 143 Knowledge through suffering, 144 Knowledge, through trial and error, 135 Labor federation, development of, 105 Labor units of value, 129 Laissez-faire, abandonment of, 146 Leadership, changes in type of, 67 Leadership, classes of, 86 Leadership in economic affairs, 85 Leadership, methods of selection, 87 Leadership, selection of executives, 86 Leadership, through heredity, 87 Leadership, through self-selection, 87 Leadership, through social choice, 88 League Covenant, principles of, 23 League of nations failure, 23 Leisure, function of, 162 Liberty, through producers' organization, 159 Life, continuity of, 14 Limitations on capitalism, 62 Livelihood, guarantee of, 45 Livelihood struggle, 43 Loans, under a producers society, 131 Local autonomy, necessity for, 60 Local economic problems, 36 Local economic units described, 71 Local economic units, details of, 88 Local federations, character of, 109 Local federations, problems of, 109 Local initiative under capitalism, 63 Machine ownership and self-government, 85 Manufacturing, divisions of, 58 Mass life, effects of, 139 Mass meetings, for public issues, 92 Maximum advantage, law of, 75 Maximum efficiency, need of, 78 Maximum returns, essentials for, 79 Meliorism, interest in, 74 Militarism, in Europe, 35 Minimum outlay, law of, 77 Modern business methods illustrated, 39 Modern warfare, costs of, 64 Money as a commodity, 129 Money, function of, 128 Money, future of, 128 Money, labor as a basis for, 129 Money, present uses of, 129 Monopoly profit, law of, 33 National boundaries and business, 62 Nationalism and capitalism, 63 Nationalism, and existing problems, 121 Nationalism, and world progress, 63 Nationalism, costs of, 64 Nationalism, failure of, 64 Nationalism, narrowness of, 64 Natural resources, classified, 45 Necessities, provision of, 161 Next steps, 149 Next war, preparations for, 35 Organic function, 54 Organic nature of society, 53 Organization, difficulties in, 152 Organization, need for, 151 Organization of world federation, 113 Organization, world need of, 101 Owners, organization of, 61 Ownership of economic machinery, 84 Paper money, issues of, 29 Parliament, for the world, 113 Physical hardship, elimination of, 154 Plutocracy, growth of, 65 Policy, decision of by self-direction, 85 Political federation, experience with, 104 Political life, organization of, 73 Politics, elimination of, 112 Possession, emphasis on, 156 Poverty, losses through, 14 Power, centralization in industrial groups, 112 Present-day economic problems, 36 Primitive society, economic issues in, 15 Primitive struggle, freedom from, 153 Producer groups, organization of, 73 Producers, future of, 117 Producers, power to, 117