Abstract
WE shall all sympathise with Prof. Soddy's desire that our industrial system should give a state of society in which the material lot of the people should be “vastly improved” by the application of science. We should differ from him in various degrees as to the extent to which this has been already secured, and the means which should be taken to accelerate the process. I gave in the article quoted some reasons for believing that considerable improvement had taken place : it seems, in fact, untrue to say that “we are perishing” under our present economic system. The only country which can be said to have come near to “perishing” is Russia, which attempted entirely to discard the system and is now, after a desperate experience, painfully and slowly retracing her steps. The next most seriously distressed country in the world is China, which has never attained to our modern industrial system.
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