Industrial Expansion and the Balance of Power

Hanson, Haldore
July 1956
New Republic;7/2/56, Vol. 135 Issue 1, p7
Analyzes the correlation between industrial power and political prestige. Concept of a realistic economic response by the U.S. to the new Soviet Union offensive outlined by Tom Whitney; Belief held by the military strategists that military power and industrial power had a one-to-one correlation; Reasons why some military strategists are concluding that the orthodox power is unrealistic; Changes in beliefs related to industrial power summed up by L.L. White in his book "Everyman Looks Forward"; Chances that the Soviet Union may be able to use its rising economic output to flood underdeveloped countries with capital goods, or even to dump their goods in Western markets below commercial prices so as to disrupt Western economies.


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