POLITICAL ECONOMY WILL BE UNHORSED.

Star (Christchurch), Issue 11729, 20 June 1916, Page 7

POLITICAL ECONOMY WILL BE UNHORSED.

\t the end of the present, conflict ,n Europe, when fifteen million men oi return to the occupations or peace the Problem of dealing with tho industrial Krion which, will arise -s enoug.i to appal tho most: optimistic o l>ul w economists, according to the Lngi neering Record." The whole production of tho world will have to be reorganised, since it must be turned ,rom the necessities of war to those ot peace in tho shortest possible, time The ritur.tion is rendered all tho wonxs by the millions of cripples who must bo given opportunity to earn a living There will be. of necessity, greaT political ehuuges here and there perhaps of a very revolutionary character. The great question as to whether the relations of tho State and the. citizen d'o not demand that the powers of the former shall be marshalled, to give a chance for honest labour to the latter, will arise with a new and imminent, insistence. No economist yet ha.-; been able to furnish an adequaie ;rnswer, except under imposed conditions which may actually have passed out of existence in the present world upheaval.