The economic difficulty of the modern world is not shortage of materials but the organization of their exchange and distribution; distress arises, no… - Norman Angell

The prosperity of a people depends upon such facts as the natural wealth of the country in which they live, their social discipline and industrial character, the result of generations, of centuries, it may be, of tradition. In addition it depends upon a special technical capacity for such-and-such a manufacture, a special aptitude for meeting the peculiarities of such-and-such a market, the efficient equipment of elaborately constructed workshops, and the existence of a population trained to given trades.

We seem to assume that if only someone could find the cure for our disease, some new plan, we should at once see that it was the cure and apply it. We ask for leaders and leadership. But if the right course, which the leader indicates, is regarded by the multitudes sincerely as the wrong one, they will declare that he is no leader but a misleader. Inevitably in a democracy the leader is he who expresses existing convictions in the most vivid way, who possesses, as someone puts it, "the common mind to an uncommon degree".

Political nationalism has become, for the European of our age the most important thing in the world, more important than civilization, humanity, decency, kindness, pity, more important than life itself.