Volume 20, Number 11 · June 28, 1973
Rating Nader
By Leonard Ross, Simon Lazarus
The Monopoly Makers
edited by Mark J. Green
Grossman, 400 pp., $8.95
Sowing the Wind
by Harrison Wellford
Bantam, 356 pp., $1.25 (paper)
For the Progressives and New Dealers, who accepted capitalism but abhorred its excesses, government regulation of business was the answer to Marx. It resolved the contradiction between America's concentrated economic structure and its democratic political faith. Through regulation, the liberals believed, the people retained sovereignty over the interests. As Arthur M. Schlesinger, Jr., put it in a book reissued as recently as 1962,
Review, 2933 words
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