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" "I hope you have read the election programme of the Labour Party...this is not socialism. It is Bolshevism run mad.
Philip Snowden, 1st Viscount Snowden (18 July 1864 – 15 May 1937) was a British politician, and the first Labour Chancellor of the Exchequer.
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The object of Socialism is not to render the individual capable of living on his personal resources. That is the theory of radical individualism. Its object is to create in him a greater and greater sense of his dependence upon the state, and, at the same time, to inculcate in him the conviction that he is a part of it and that he has a duty and responsibility toward the state; and that only in so far as he fulfils this duty can he benefit by the advantages of a complete personal and social life.
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They were told that Cobdenism was dead. ... Cobdenism was never more alive throughout the world than it was to-day. ... To-day the ideas of Cobden were in revolt against selfish nationalism. The need for the breaking down of trade restrictions, which took various forms, was universally recognized even by those who were unable to throw off those shackles.