Principles of Political Science

Cover Principles of Political Science
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493 , 6. Guild Socialism. — ^Guild Socialism is a recent development, of which the chief exponent in England is Mr. G. D. H. Cole. His theory was developed socialism, against the current Fabian collectivistic ideas.
Collectivism, he considers, means a vast gov- ernment organisation which will result in bureaucratic tyranny. The state, therefore, must have no control over industry. The state, as organised at present, is the " comer-stone of the edifice of capitalism." Labour .
must be organised
...in unions or aggregations of unions, called National Guilds. The chief function of these Guilds is to wage war with employers and the state.
Non-unionists are to be rigorously persecuted in order to force unanimity among workers. TJltimately the Nation- al Guilds are to control all industries. The state is not to be abolished, but is to contmue in some sort of equal partnership with the Guilds. The main function of the state will be to direct consumpt'.on, the Guilds will organise production. Guild socialisifi, as expounded by Mr.


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