Feudalism worked in its crude and inequitable fashion until the coming of the Industrial Age. Today the Feudal tradition and its adherents are broken as a political power and in most cases are ignobly lending their prestige and their abilities to the support of the predatory plutocracy which has gained complete control of the Conservative Party. In modern times the old regime is confronted with two alternatives. The first is to serve the new world in a great attempt to bring order out of chaos and beauty out of squalor. The other alternative is to become flunkeys of the bourgeoisie. It is a matter of constant surprise and regret that many of my class have chosen the latter course.

Letter to The Morning Post (27 July 1928), quoted in Robert Skidelsky, Oswald Mosley (Papermacs, 1981), p. 134.