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" "Economy à la Sir George May will not help much; for it means nothing positive. ... We need, if not a Five Years Plan, at any rate a centrally controlled attempt to readjust industry and agriculture to the changing needs of the British consumer and of the world market, with less exclusive concentration on the old staple industries and far more attention to the development of those which have a real capacity for expansion.
George Douglas Howard Cole (25 September 1889 – 14 January 1959) was an English political theorist, economist, and historian. As a libertarian socialist, he theorised guild socialism. He belonged to the Fabian Society and was an advocate for the co-operative movement.
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I became a Socialist, as many others did in those days, on grounds of morals and decency and aesthetic sensibility. I wanted to do the decent thing by my fellow-men. I could not see why every human being should not have as good a chance in life as I, and I hated the ugliness both of poverty and of the money-grubbing way of life that I saw around me.
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