ABSTRACT
INDUSTRIAL in modern civilization must inorganization future be such as will yield with the greatest efficiency and economy the full quantity of wealth the people demand and are willing and able to work for ; and such as will secure to every individual his just share of the wealth produced by society with his collaboration. Moreover, the conditions under which the workers labour must be democratically controlled on principles that will secure their liberty of action in so far as it is compatible with the rights of other craftsmen and of consumers, as well as with the efficient conduct of industry on the grand scale.
