Word: capitalist
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...Star lives the quietly comfortable life of a well-liked, well-to-do Midwesterner. Its conservatism is structural, for its owners are 172 key employees. In salary and dividends, they draw up to $50,000 a year. Even one of its police reporters, William Moorhead, is a country-clubbing capitalist. During the depression, the Star laid off no one, cut no salaries. The American Newspaper Guild has never made much headway on its staff. Staunchly Republican, the Star makes a point of getting along with the right kind of Democrats, like Roy Roberts' sometime poker and drinking companion, Harry...
...such action-must in effect be regarded as unconscious allies of the Stalinists. . . . They are always willing to join with the Stalinists in attacking the evils of Western democracy, they refuse to associate themselves with liberal criticism of dictatorial political practices in Russia. In effect, they believe that capitalist democracy at its best is less desirable than Russian totalitarianism at its worst...
...paradoxical in its implications--the idea that the dismal period of the Twenties, roaring boom and tragic bust, will be repeated. Fritz Sternberg not only believes that the future will follow the same cycle, but that this time the depression will provide the coup de grace of the whole capitalist world. A socialist of the German stripe, non-Communist, but more in sympathy with their viewpoint and efforts than with those of the "reactionary capitalists," it is not difficult to pick out the haven he would seek in the storm. "The Coming Crisis" points the way to a socialist state...
...argument is propped with three relatively new influences which the author thinks doom the American free-enterprise system; the repudiation of the old colonial system which will make it more difficult to dispose of surplus goods; the withdrawal of increasing sections of the world from the orbit of capitalist control into that of the socialistic states; the greatly increased productivity of the United States making inevitable and increasing the intensity of the crisis when it comes. In Sternberg's view, these factors will force a major depression with the possibilities of resolving it under the present economic system more remote...
...what people are calling a labor situation. A few months ago we were panicky about it, today we are still afraid of it. Professor Slichter of the faculty tells us that we are becoming a laboristic society, where the critical power-control of job giving lies not with the capitalist businessman, but with the labor leader. Senator Joe Ball tells the press that labor threatens to become a "monopoly" and a "cartel." These are trick words, part of an attempt to transfer the public fear of the monopolistic businessman to the Pegler portrait of the "all-powerful" labor leader...