Word: authorative
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Dates: during 1930-1939
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...seldom happens that Harvard's serious and humorous magazines achieve their several ends. For instance, its humorous publication has this month posed the most serious problem to come from an undergraduate pen in some time. Perhaps contemplating the idealism that permeates the Christmas season, the author has hatched some pertinent observations on youth and the inevitable deterioration of its altruism. To these speculations it may be possible to append some tentative conclusions...
Professor Hoover, the author, points out that Soviet Russia is not communistic and that Nazi Germany is not capitalistic. He shows that wage differentials and interest on government bonds earmark the Soviet economy. The essentially anti-captitalists nature of Fascism is illustrated by complete government control of the investment of profits, payments of dividends, and poce of production...
After charting the dismalcours of the totalitarian states, the author turns to the struggling democracies. Professor Hoover realizes that changing conditions require a reconsideration of the government. He notes that we are in the twentieth century and suggests that the political theories which accorded with the facts of the previous hundred years may have to be modified to permit gov- ornmont to assume its new responsibilities--to break the severity of depressions in a world that has seen semi-monopoly and corporate organization throttle free competition and the entrpreneur, Unlike Walter Lippmann, Hoover does not advocate that we solve...
...author feels that the future of parliamentary democracies rests with the success of their efforts to "salvage a limited degree of laissez-faire and to combine it with the management by the state of some elements of the economy." England has been aided in this effort by "the existence of a generation of industrialists who long ago accepted the principle of collective bargaining. . . by the existence of labor leaders who have accepted the principle of national responsibility...
...appeal alone, Author Ludwig insists, has never achieved such results. That Caesar and Antony went down was not Cleopatra's fault; if, says Ludwig, they had followed her advice, her example in killing off two brothers and two sisters, had not naively pardoned their enemies, everything would have been all right. Pale, cold-blooded Octavian, whom easygoing Antony had twice neglected to "liquidate," won out because he followed a more modern technique of demagogy and blood purges. It is in tracing such blunders of Caesar and Antony that Author Ludwig makes Cleopatra's maneuvers shine with genius, makes...