The author critically examines the Labour Party’s programme, arguing that its embrace of nationalization, direct action, and class-based politics relies on mistaken premises. He traces the party’s development and surveys competing socialist doctrines and international movements, then details domestic proposals for nationalizing industries, land reform, and workers’ control. He evaluates contemporary government labour measures and contrasts them with alternatives that prioritize efficient industrial organization, personal initiative, and community welfare while allowing for regulated private enterprise. The book blends economic history, institutional analysis, and prescriptive argument to define what the author considers a practical solution to the labour problem.