The Remedy for Unemployment (Unabridged)

The reason why I wrote the present pamphlet (which first appeared in the "Socialist Review," and is now reprinted in a slightly modified form) was that, although there is a small body of avowed Socialists in Parliament, not one of them has, so far as I am aware, upheld any of the fundamental principles of Socialism as a means of dealing with the greatest of present-day problems--that of chronic unemployment and starvation all over our land. Let me illustrate what I mean by a few examples. Perhaps the most fundamental and universally admitted axiom of Socialism is that all production should be, primarily, for use and not for profit; and the next in importance is that the true or proper wages of labour is the whole product of that labour.