ABSTRACT
We need not assume it. For even if we do not, our analysis has shown that an economic system, thus working at a lower rate of human costs, and turning out a smaller quantity of goods, may nevertheless yield a larger quantity of human welfare, by a better distribution of work and product. But the great gain, of course, will consist in the increased amount of time, interest and energy, available for the cultivation of other human arts outside the economic field. Upon the capacity to utilise these enlarged opportunities the actual pace of human progress in the art of living will depend. At present this capacity may seem small. The increased opportunities of leisure, travel, recreation, culture, and comradeship, which have come in widely different degrees to all classes, have often been put to disappointing uses. But a great deal of such waste is evidently attributable to that prevailing vice of thought and feeling which the domination of industrialism has stamped upon our minds, the crude desires for physical sensations and external display. Not until a far larger measure of release from our economic bonds has been acquired, shall we enjoy the detachment of mind requisite for the larger processes of revaluation and realisation.
