Search

Asserts the need for a guided capitalism to address the problems facing the U.S. economy. Importance of high employment to a free-enterprise economy; Effect of tax reforms on private intangible investments; Activities which stimulate high rate of returns.

Comments on the elimination of the capitalist system in Italy by Fascist Prime Minister Benito Mussolini. Involvement of state intervention in economic affairs; Assurance to shareholders in certain favored Italian enterprises a return on their capital investment; Reality of the monopoly of capitalism in the northern industrial areas of the country; Consideration of monopoly capitalism as antithesis of a planned collectivized economy.