ABSTRACT
The psychologists are trying to arrive at a satisfactory terminology for the simplest phenomena that they have to deal with. Until they are clearer as to the exact meaning of the words they use, they can hardly begin to record events on scientific lines. The success or failure of socialism will depend on whether it can furnish as good an incentive to individual effort as our present economic system, more than on any other single fact. This is a very favourite topic with debating societies. The chapter suggests that with the extension of the State's activities the organizing type of mind is becoming more necessary in politics than the emotional and sympathetic type which has led great causes in the past. When the country makes its first experiments in socialism psychologists' need in control of the nationalized industries the type of mind that has from time to time successfully reorganized the fighting services in the past.
