The Trouble In Modern Democracy Is That

The State In Organising Security Should Not Stifle Incentive, Opportunity, Responsibility, In Establishing A National Minimum It Should Leave Room And Encouragement For Voluntary Action By Each Individual To Provide More Than The Minimum For Himself And His Family.

Organisation Of Social Insurance Should Be Treated As One Part Only Of A Comprehensive Policy Of Social Progress. Social Insurance Fully Developed May Provide Income Security; It Is An Attack Upon Want. But Want Is One Only Of Five Giants On The Road Of Reconstruction And In Some Ways The Easiest To Attack. The Others Are Disease, Ignorance, Squalor And Idleness.

There Is No Inherent Mechanism In Our Present System Which Can With Certainty Prevent Competitive Sectional Bargaining For Wages From Setting Up A Vicious Spiral Of Rising Prices Under Full Employment.

The Trouble In Modern Democracy Is That Men Do Not Approach To Leadership Until They Have Lost The Desire To Lead Anyone.

Full Employment Does Not Mean Literally No Unemployment; That Is To Say, It Does Not Mean That Every Man And Woman In The Country Who Is Fit And Free For Work Is Employed Productively Every Day Of His Or Her Working Life ... Full Employment Means That Unemployment Is Reduced To Short Intervals Of Standing By, With The Certainty That Very Soon One Will Be Wanted In One's Old Job Again Or Will Be Wanted In A New Job That Is Within One's Powers.