Advance, or Retreat, in the 1970s?

During the next four years the long-run contradictions of American society, above all its hostility to full employment, are going to be its short-run problems. The achievement of even significant reform will require a challenge to the basic corporate domination of the economy. And it is quite possible that we will see the effective dissolution of the liberal ideology formulated by the New Deal. Indeed, right-wing liberalism has already sounded retreat.

It is not enough simply to try an...