The central employment problem of our society today is the disparity of employment opportunities among blacks and whites, among skilled and unskilled, among young and experienced. —Otto Eckstein Twenty-nine years after the Employment Act was signed into law, a new …
Wage-price controls are not currently on the political agenda—partly because of a widespread ideological abhorrence of direct government intervention, but mostly because wages and, to an extent, prices as well are now being restrained by the rapid decline in the …
Inflation has presented an intractable problem for post-Keynesian aggregate demand management. It has not responded to direct intervention through wage-price controls. A failure of policy has been reinforced by a failure of explanation. Neither high employment and “low” unemployment rates …
Not only has President Nixon failed to tackle any major problem, he has not even defined one. As Max Frankel has written: By this stage in their administrations John F. Kennedy and Lyndon B. Johnson were forging new designs for European …
Much of the federal budget presented to Congress last January is already outdated. Expenditures for defense will considerably exceed the amount originally provided, while budgeted civilian outlays, as well as appropriation requests to support future expansion of civilian programs, will …
Those who believe that the American economy can provide the means both to fight the war in Vietnam and wage massive attack on poverty at home must also believe that economic resources can be shifted from private to public purposes, …
The East Berlin uprising of June 17, 1953 was the first massive challenge totalitarianism met from within. It utterly destroyed the myth of the unity of state and society under Stalinism. Led by the workers, an entire society rose against …
It is Sidney Lens’s contention that not two but three socio-economic systems confront each other in the world today. They are communism, capitalism and feudalism. The first is present in Russia, its satellites and China; the second in the U.S., …
