se may be listed somewhat as follows:

Land holding will become universal and the true proletariat or landless
class will disappear. It may be that the holding of land will become a
prerequisite to active citizenship. Industrial production being for use
not profit, the great city becomes a thing of the past, and life is
rendered simpler through the elimination of a thousand useless and
vicious luxuries; those employed in mechanical industries will be
incalculably fewer than now, while those that remain will give only a
portion of their time to industrial production, the remainder being
available for productive work on their own gardens and farms. The
handicrafts will be restored to their proper place and dignity, taking
over into creative labour large numbers of those who otherwise would be
sacrificed to the factory system. Where bulk production, as in weaving
and the preparation and manufacturing of metals, is economical and
unavoidable and carried on by factory methods, these manufactories will
probably be taken over by the several communities (not by the state as a
whole) and administered as public institutions for the benefit of the
community and under conditions and regulations which ensure justice and
well-being to the employees. All those in any community engaged in a
given occupation, as for example, building, will form one guild made up
of masters, journeymen and apprentices, with the same principles and
much the same methods as prevailed under the ancient guild system.
Fluctuating scales of prices determined by fluctuating conditions of
competition, supply and demand, and power of coercion, will give place
to "the fair price" fixed by concerted community action and revised from
time to time in order to preserve a right balance with the general scale
of cost of raw materials and cost of living. A maximum of returns in the
shape of profits or dividends will be fixed by law. The community itself
will undertake the furnishing of credits, loans and necessary capital
for the establishing of a new business, charging a small rate of
interest and maintaining a reserve fund to meet these operations.
Private banking, insurance and the loaning of money on collateral will
cease to exist.

I dare say this will all sound chimerical and irrational in the extreme;
I do not see it in that light. Its avowed object is the supersession of
"big business" in all its phases by something that comes down to human
scale. It aims to red