Out of the Closet

February 1975
National Review;2/14/1975, Vol. 27 Issue 5, p152
This article focuses on the role of journals and journalists in the socialist revival during the 1970s in the United States. Reporter Richard Goodwin in the periodical "The New Yorker," considers price controls the last chance for the free market. He writes if controls are tried, and do not lead to the restoration of the economic process, the failure will be evidence that difficulties are not caused by remediable malfunctions but are a consequence of irreversible historical developments. It is stated that the authors, James Crotty and Ruford Boddy favor an egalitarian society wherein production is for use rather than profit, and decisions are collectively made by workers, not bosses.


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