Tyndall described his approach to the economy as "National Economics", expressing the view that "politics must lead, and not be led by, economic forces". His approach rejected economic liberalism because it did not serve "the national interest", although still saw advantages in a capitalist system, looking favourably on individual enterprise. He called on capitalist elements to be combined with socialist ones, with the government playing a role in planning the economy. He promoted the idea of the UK becoming an autarky which was economically self-sufficient, with domestic production protected from foreign competition. This attitude was heavily informed by the corporatist system that had been introduced in Benito Mussolini's Fascist Italy.