After the New Deal.

Focuses on the industrial expansion program in the U.S. Information two schools of economic thoughts: Keynesian economics and the theory of monopolistic competition, discovered by the economists Apostle Chamberlin and Joan Robinson; Demonstration by economist Louis Bean which shows that even if industrial activity expands as rapidly as the most optimistic can expect, 1940 will still find with two-thirds as many unemployed in cities as today; View that a concerted program of expansion is definitely laid out in advance by the major heavy industries, and underwritten by the government; View that the programs of expansion for each participating industry would need to cover not only the projected increase in production and employment, but also commitments as to wages and price changes; Statistical analysis of the United States Steel Corp.; View that economic planning need not mean regimentation either of producer or of consumer; Problems of the industrial expansion program; Report that the proposal for a concerted and balanced expansion of industrial activity under public leadership is one which many economists have been talking of for years; Reference to the book "Jobs for All"; Report that voices are beginning to speak out for forceful action by democracy now-not action by-and-by; View that the actual job of working out a balanced program of expansion, even for a few major industries, would be one of tremendous problems and infinite ramifications.