FULL EMPLOYMENT FOR ALL 9 



arise from the hardness of the conditions, the 

 conditions can be changed. 



But if there be too many labourers for the 

 work to be done, then a part, an indispensable 

 part, of the national capital is lying idle, and 

 there must be something radically wrong about 

 the methods used by the nation. Where there 

 is paucity of labour, then, too, indispensable 

 national capital is forced to be idle ; but that 

 capital is the capital required to set labour-capital 

 to work, and, as said, there are ways in which 

 labour-capital can apply itself to diminish the 

 evil, or by which the conditions of labour can 

 be improved. But if the capital lying idle be 

 the labour-capital itself, then it is the system 

 itself that is wrong, the mode of applying the 

 capital that sets labour-capital to work, the 

 method of trading. 



In this inquiry we shall find that Great Britain 

 is face to face with the ills that arise from the 

 enforced idleness of labour-capital, and with 

 those that arise from labour conditions that have 

 become impossible. 



