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Guild Socialism Restated is G D H Cole's fullest and most systematic account of his vision of industrial and political reorganization. The introductory chapters of the volume develop the theme of democratic citizenship in relation to industrial society. The central chapters of the book develop a view of socialist organization in which citizenship is a vital ingredient in every arena - from that of the workplace to national policymaking

This volume compares the planning of economic conditions under the very different political systems of Soviet Russia, Fascist Germany and Italy and Democratic America, with some discussion of partial economic planning in Great Britain. It includes a broad survey of the successive phases of the Five Year Plans in the Soviet Union, the "New Deal" in the United States, and the diversion of the German economic activity to war preparation under the Nazi Four Year Plan. The author discusses the essential conditions for successful economic planning

BOOK COVER; TITLE01; COPYRIGHT01; TITLE02; COPYRIGHT02; CONTENTS; PREFACE; CHAPTER I: WHAT ARE SOCIALIST ECONOMICS?; CHAPTER II: THE SOCIALISTS AND THE KEYNESIANS; CHAPTER III: THE POSTULATES OF SOCIALIST ECONOMICS; CHAPTER IV: PLANNING, EMPLOYMENT AND PRODUCTION; CHAPTER V: ECONOMIC DEMOCRACY; CHAPTER VI: INTERNATIONAL ECONOMICS; CHAPTER VII: SOCIALIST ECONOMIC VALUES; INDEX

This volume was Cole's first major work of political economy in almost a decade and it effectively positioned him as a mainstream Fabian who sought to stabilize capitalism before progressing socialism by essentially statist means. Influenced by J. A. Hobson and Maynard Keynes the imperative for Cole became the formulation of a strategy which would mitigate the suffering of the masses and lay the basis for socialist advance