One of the great reasons why I belong to the Labour Party and hold the Socialist views of what a wise and just social structure is, is because I dete… - Ramsay MacDonald

In 1918 Mr. Lloyd George let himself produce such a programme of development as would astonish his rivals. He was going to hang the Kaiser. You said, "That is the man who has the ear of the public." He was going to build one million houses. He was going to make the land fit for heroes to live in, and you said, "That's the thing." He was going to search the pockets of Germany for the last penny, and you said, "That the stuff." My friends, it was stuff. (Cheers and laughter.) ... If unemployment had been tackled in a business-like fashion in the first three years after the War, it would not have grown to the proportion it had now reached... Mr. Lloyd George has been in office, nay in power, with a majority of 300; Mr. Baldwin has been in power with a majority of 200. What have they done? Have they broken the tale of heartbreakening worsening? Nowhere. It is only to the Labour Party that you can look for the solution of your troubles.

The land will therefore belong to the State in one or other of its several forms, and rent will be State income. The great factory industries will be controlled by associations of consumers which again will be identical with the State in some one or other of its aspects... the socialist state will mainly concern itself with co-ordinating production and consumption so as to prevent gluts, useless labour, unearned incomes, industrial loss, surplus values,—the causes of poverty.

There is too much expected of parliament. Localities should manage their own affairs and unions of localities should be formed when necessary to look after common interests. Our county councils are excellent beginnings in this direction.