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 In the world as we have been imagining it, economic fear and most economic hope will be alike removed out of life. No one will be haunted by the dread of poverty or driven into ruthlessness by the hope of wealth. There will not be the distinction of social classes which now plays such an immense part in life. The unsuccessful professional man will not live in terror lest his children should sink in the scale; the aspiring employee will not be looking forward to the day when he can become a sweater in his turn. Ambitious young men will have to dream other daydreams than that of business success and wealth wrung out of the ruin of competitors and the degradation of labour. In such a world, most of the nightmares that lurk in the background of men's minds will no longer exist; on the other hand, ambition and the desire to excel will have to take nobler forms than those that are encouraged by a commercial society. All those activities that really confer benefits upon mankind will be open, not only to the fortunate few but to all who have sufficient ambition and native aptitude. Science, labour-saving inventions, technical progress of all kinds, may be confidently expected to flourish far more than at present, since they will be the road to honour, and honour will have to replace money among those of the young who desire to achieve success. Whether art will flourish in a Socialistic community depends upon the form of Socialism adopted; if the State, or any public authority (no matter what), insists upon controlling art, and only licensing those whom it regards as proficient, the result