[Socialism As It Is by William English Walling]@TWC D-Link book
Socialism As It Is

CHAPTER II
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Why not have a similar goal for our business men?
Why not have a court for business questions, on which no man could sit who has not had a business training with an honorable record?
_The supervision_ of business by such a body of men, _who had_ reached such a court in such a way, would unquestionably _be fair and equitable to business_, fair and equitable to the public." (Italics mine.) Mr.Roosevelt and Senator Root are similarly inspired by the quasi-partnership that exists between the government and business in those countries where prices and wages in certain monopolized industries are regulated for the general good of the business interests.

In the words of Mr.Root:-- "Germany, to a considerable extent, requires combination of her manufacturers, producers, and commercial concerns.

Japan also practically does this.

But in the United States it cannot be done under government leadership, because the people do not conceive it to be the government's function.

It seems to be rather that the government is largely taken up with breaking up organizations, and that reduces the industrial efficiency of the country." As the great interests become "integrated," _i.e._ more and more interrelated and interdependent, the good of one becomes the good of all, and the policy of utilizing and controlling, instead of opposing the new industrial activities of the government, is bound to become general.


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