The Social Commonwealth

Mosley transcended both free market economics and the Marxist alternative. He rejected both the belief of those who put their blind trust in international competition based on free trade and those who simply waited for capitalism to collapse through its “inherent contradictions”, as the Marxists viewed the recurring crises.
Before turning to fascism, Mosley had visited America where he witnessed a higher standard of living linked to a highly developed technology. The secret he found rested on the existence of a large home market protected from the competition of low-waged imports because America was large enough geographically to become self-sufficient in food production and raw materials. Restricted immigration also maintained a shortage of labour that gave the unions more clout to push wages up to a higher standard of living for the workers, thus giving them the purchasing power to buy the goods they produced. The elimination of the need to trade with the rest of the world by being self-sufficient solved most problems.
So why not do the same with the resources of the British Empire?
The main obstacle was the City of London. The main occupation of the City of London was foreign lending for the purpose of making profits for financiers. As the home market became depressed through low wages and unemployment, the City of London invested more and more in foreign countries. With the absence of gold and other services in these countries, the interest from loans was drawn back on foreign imports … knocking down the producers and consumers in Britain.
Mosley attacked this system for its predatory affects on the national economy claiming that the speculative nature of international finance led to instability and the destruction of British industry.
Finance was to become the handmaiden of the economy and not the master. All the resources of Empire would have been used for an Insulated Empire Policy protecting the nation from cheap foreign imports.
-Robert Edwards, Sir Oswald Mosley and the British Union of Fascists

Comment from Drakeleigh:
The Empire has long ago evolved into the Commonwealth and Mosley's ideas moved in the direction of a united Europe, both as a consequence of the dramatic events of WWII. Yet as that terrible episode in world history recedes into more distant history, we can review where we are now and how else it might have been. Oswald Mosley lived until 1980, not long enough to see just what a miserable parody of the vision he had the European Union has become. Maybe now so much dust has settled, we can find solutions to the state Britain is in not just from Mosley's post-war writings, but also from his earlier views regarding Britain's role in the world. The European Union as it has developed is little more than a free trade club for bankers, with very little "organic" integrity. The Commonwealth, for all it's faults, is an organic entity, springing from that dynamic expression of European civilisation, British sea power. Here is a real starting point, not some artificial expenses paid bureacracy.
We should look again at Mosley's idea of Europe- Africa, but put it in the already existing construct of the Commonwealth. And open membership of the Commonwealth to other European countries, they too can be part of this project of which the British monarch is the head.