[I]n the course of the first half of the nineteenth century a moral revolution was completed in England; a revolution which was in the long term to e… - Correlli Barnett

Noble though the wartime aspirations of the liberal Establishment might be, New Jerusalem nevertheless constituted – just like the postwar illusion of Britain as a present and future world and Commonwealth power, or the pre-war faith in the League of Nations as a preserver of world law and order – a piece of romantic fantasising, rather like some gigantic palace in an engraving by Piranesi. And just as Piranse's imagination defied the laws of physics and geometry, so did the dreamers of New Jerusalem disregard the real-life problem of funding its construction out of what was now a bankrupt and backward industrial economy instead of the richest in the world that it had been in their youth.

Now...came a further threat to the power of employers (no longer "masters"): the arrival of national trade unions or federations of unions. So the employers too began to organise themselves on an industry-wide scale. Their purpose was well expressed by Colonel Dyer, the American leader of the Federation of Engineering Employers (founded in 1896), in respect of his own industry. It was "to obtain the freedom to manage their own affairs which has proved so beneficial to the American manufacturers as to enable them to compete...in what was formally an English monopoly..." Just how far that freedom had been cumulatively shackled by the past step-by-step gains of the trade unions was revealed by books and newspaper campaigns urging Britain to "wake up" to German and American competition. In 1894 appeared the bestselling British Industries and Foreign Competition. In 1896 followed a "Made in Germany" press panic, on publication of a book under that title. In 1901 the Daily Mail followed a Daily Express series entitled "Wake up England!" with its own on "American Invaders". In 1900–1901 The Times, governing-class opinion incarnate, ran major articles on "The Crisis in British Industry" and "American Competition and Progress". Technical journals critically examined the efficiency of particular industries. All exposed British owners and managers as now widely old-fashioned in outlook, lethargic in action, and smug. But also fully explored was the opposition of the unions to new machines and new methods; the shackling effect of union restrictive practices on efficiency and productivity.

[T]he Victorian public school is one of the keys to our decline, turning out by means of curriculum and the moulding influence of school life alike a governing class ignorant of, and antipathetic towards, science, technology and industry, and which despised the qualities needed for success in a competitive industrialised world as those of the cad and the bounder. I would suggest that it is a matter for concern rather than self-congratulation that the broad strategy of contemporary British state education, from primary school to higher education, perpetuates under new guises the Arnoldian, Thringian and Newmanian ideals of a "liberal education"; and that it can be argued that even now we are not sufficiently directing our education towards preparing young people to make their way—and their country's way—in the world.