Currency question -- Great Britain; Finance -- Great Britain; World War, 1914-1918 -- Economic aspects -- Great Britain
Partly, perhaps, owing to this discredit into which the doctrines of
State Socialism have lately fallen, increasing attention has been
given to a body of theory that was already active before the war and
advocates a system of what it calls Guild Socialism, under which
industry is to be worked by National Guilds, embracing all the
workers, both by brain and by hand, in the various kinds of
production. Its advocates are, as far as I have been able to study
their pronouncements, decidedly hostile to State Socialism and
needlessly rode to some of its most prominent preachers, such as Mr
and Mrs Webb, who at least merit the respect due to those who have
given lives of work to supporting a cause which they believe to be
sound and in the best interests of mankind. But in spite of their
chronic and sometimes ill-mannered facetiousness at the expense of
State Socialism and its advocates, the Guild Socialists, as we shall
see, have to rely on State control for very important wheels in
their machinery and leave gaps in it which, as far as disinterested
observers can see, can only be filled by still further help from the
discredited State. It is no disparagement of the efforts of these
writers and thinkers to say that their sketch of the system that they
hope to see built up is somewhat hazy. That is inevitable. They are
groping towards a new social and economic order which, in their hope
and belief, would be an improvement. To expect them to work it out in
every detail would be to ask them to commit an absurdity. The thing
would have to grow as it developed, and we can only ask them to show
us a main outline. This has been done in many publications, among
which I have studied, with as much care as these distracting times
allow, "Self-Government in Industry," by G.D.H. Cole, "National
Guilds," by A.R. Orage (so described on the back of the book, but the
title-page says that it is by S.G. Hobson, edited by A.R. Orage), and
"The Meaning of National Guilds," by C.E. Bechhofer and M.B. Reckitt.
Public-domain text, read in full here on John Shaqi.
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