Few can contemplate without a sense of exhilaration the splendid achievements of practical energy and technical skill, which, from the latter part of the seventeenth century, were transforming the face of material civilization, and of which England was the daring, if not too scrupulous, pioneer.

A way of life that ever more rapidly depletes the power of the Earth to sustain it and piles up ever more insoluble problems for each succeeding generation can only be called violent.

We still have to learn how to live peacefully, not only with our fellow men but also with nature.

The way in which we experience and interpret the world obviously depends very much indeed on the kind of ideas that fill our minds. If they are mainly small, weak, superficial, and incoherent, life will appear insipid , uninteresting, petty and chaotic.

If greed were not the master of modern man, how could it be that the frenzy of economic activity does not abate as higher standards of living are attained, and that it is precisely the richest societies which pursue their economic advantage with the greatest ruthlessness?

Is there enough to go around? What is enough? Who can tell us? Certainly not the economist who pursues economic growth as the highest of all values, and therefore has no concept of enough.

I started by saying that one of the most fateful errors of our age is the belief that the problem of production has been solved. This illusion, I suggested, is mainly due to our inability to recognize that the modern industrial system, with all its intellectual sophistication, consumes the very basis on which is has been erected. To use the language of the economist, it lives on irreplaceable capital which it cheerfully treats as income.