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achieved American Arthur Salter attempt Bank money basis become Britain British capitalism British capitalist British Empire British workers capi capitalist class capitalist economists capitalist system century chapter civilization commodity Commodity money communism communist competition course created crises crisis democracy dictatorship doubt economic Empire entrepreneurs established Europe example exchange existing exploitation fact factors fascist feudalism force free market free trade German gold governing class Hayek Hence human imperialism imperialist important industry inevitable investment Keynes Labour party leaders Lenin Liberal Lord Beaverbrook MacDonald means of production ment methods middle class modern monetary monopolistic monopoly nature necessary nomic organized peasants planned economy political possible present price-level problem profit question revolution ruling class Russia Social Democratic party society Soviet Soviet Union stable struggle talism tariffs task theorists things tion to-day trade union trusts violence wages wealth whole working-class