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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: koan who wrote (273858)9/7/2010 1:16:29 PM
From: Broken_ClockRead Replies (2) of 306849
 
Editorial by T. Woodlock regarding comments by Norman Thomas (prominent US Socialist). Mr. Thomas considers the traditional "laissez faire" economic doctrine to have rested upon a "religious notion now no longer held" and believes the current demand for "plan" in world economic affairs is an "immensely important sign of the times." Woodlock is skeptical on whether socialism can impose the required amount of planning "without the power of an iron dictatorship behind it." This would require men "to surrender in large measure their wills, their capacities, and their potentiality of possessions for the sake of the 'common good.'"; it would then further require selection of the best technicians and organizers to follow. Which of these would be more difficult is hard to say, but "one thing is clear, and that is that the history of the human race holds no clue to solution of either ..."

newsfrom1930.blogspot.com
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