The socialization or nationalization of production and distribution and the extinction of what is called Capitalism-by whatever name the ideal, and the process for its attainment, is called-would starve the resources, and, in time, drain away the life-blood of the great productive industries which depend for their efficiency on the free play of initiative and enterprise. And Labour is becoming more and more a class organization, an expression and embodiment of what is called "class-consciousness.” That again was significantly illustrated in the general strike, which was directed by organized Labour, and which was countenanced-it is true, in a somewhat shamefaced fashion-by the Parliamentary Labour Party leaders.