The Economic Situation and the Fight for Peace; Plumbing the Depths; Private Interest vs. Public Welfare

  • Leo Huberman
  • Paul M. Sweezy
Keywords: Political Economy, Labor

Abstract

Peculiar things have been happening in the American economy during the last few months. On the one hand, there has been a sharp slump in businesses and trades catering to consumers. This has been especially marked in the field of consumer durable goods (auto. mobiles, refrigerators, radios, television sets, and so on); but it has also characterized many other fields such as housing, many consumer nondurable goods (for example, clothing), and some service trades.
Published
1951-08-31
Section
Review of the Month