“It is important to notice that, in the large measure of individual freedom that will be characteristic of a Socialist community, the adoption of the principle of Socialization does not include agricultural production by individual peasants of the nation’s land, or by independent craftsmen working on their own account, or by artists of any kind, or by members of the brain-working professions—provided always that they do not exploit the labour of other persons. On the other hand, the principle of Socialization excludes the ownership of natural resources or of the instruments of production in the large scale primary industries by individuals or associations of persons of any kind, together with the dictatorship of any person or group over the industry in which they work.
“It is the function of the community as a whole to exercise control over the prices of commodities, and to provide whatever new or additional capital is required from time to time for Socialized industries.
“Administration of Socialized Industries.—A principle of the greatest importance in Socialization is that control must be separated from administration. The control will be exercised by the popularly elected national assembly. The organ of administration in each industry or service must be entirely separate and distinct from those of the political government.
“The National Industries.—Each industry or service will require an organization appropriate to its special circumstances. As a general type it is suggested that a national industry or service should be provided with
“(a) A national board to be composed of representatives of:
“(1) the workers concerned in the industry;
“(2) the management (including the technicians);
“(3) the consumers and the community as a whole.
“(b) Where considered necessary, also district councils for appropriate regional areas, to be similarly composed;