ABSTRACT

Should England pursue such a policy she would be pretending to foster the wider interests of mankind while really fostering her own selfish interests. Free competition between the advanced factories of England and the relatively backward factories of other manufacturing countries would - as we have already shown - simply lead to the destruction of the industries of the weaker states. This would mean that the countries in question would not merely give up all prospects of economic expansion in the future but would actually lose the progress that they had achieved in the past towards the establishment of a more advanced economy.