Page:The Economics of Unemployment.djvu/154

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A SUMMARY
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tions, some mixed policy of national ownership of prime monopolies, control of profits, prices and conditions of employment in other industries where some measure and degree of direct or indirect competition survives, with a limited period of free profitable enterprise as an incentive to new enterprises—the whole of this linked up by a tax system whereby society secures for beneficial public services the idle elements of income which do not nourish or evoke productive effort—this mixed policy adapted to the varying conditions in the world of industry will best achieve the better and more equal distribution and utilisation of income that are required.

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