Economics Or Political Economy?  

THE STAGES OF ECONOMIC GROWTH, by W. W. Rostow. A Non-Communist Manifesto, Cambridge University Press. A pretentious title leads to a pretentious foreword, which leads to a very unpretentious introduction in which the author disclaims what he is doing. Having …



Pointing Toward “Utopia”  

BEYOND THE WELFARE STATE, by Gunnar Myrdal. Yale University Press: 1960. One of the more curious things about the teaching of economics these days is the sharp and often vitriolic attack on planning. All too often the idea that careful …



Mobility And Status  

SOCIAL MOBILITY IN INDUSTRIAL SOCIETY, by Seymour Lipset and Reinhard Bendix. University of California Press. 1959. Thanks mainly to the foundations, the empirical study of social stratification and mobility has expanded enormously in the past decade. Research teams have been …



Letters  

Editors: In the Summer 1960 issue, on p. 813, you introduce a writer as a “professional student of American military affairs.” I wonder about this “student’s” qualifications. Everyone should know that defensive weapons cannot be distinguished from offensive weapons. To …





Bastard Capitalism  

Scarcely twenty years ago the capitalist system was, to all appearances, disintegrating—in England its symbol was Jarrow, “the town that was murdered,” its representative figure Montagu Norman, the sinister governor of the Bank of England who engineered the rise of …



Poverty In The United States  

One fourth of the American people is poor or lives at the margin of poverty. The poverty from which they suffer is not a “case” problem, amenable to solution by social work, nor does it occur merely in “pockets” which …