Research Reports – 04/21/1952 The seizure of the steel industry is a clear illustration of the threat of complete dictatorship inherent in a society that has substituted governmental “planning” for free or nearly free markets in making its economic decisions regarding the allocation of resources and rewards to the various factors of production.
Research Reports – 04/21/1952
The seizure of the steel industry is a clear illustration of the threat of complete dictatorship inherent in a society that has substituted governmental “planning” for free or nearly free markets in making its economic decisions regarding the allocation of resources and rewards to the various factors of production.