Word: lippmanns
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Dates: during 1930-1939
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...most ambitious effort, "The Good Society," Walter Lippmann is most disappointing. He condemns us as an apostate generation for consenting to the "overhead direction" of our economic activities and then, in revealing the true program of liberalism, he travels far on the road he has called apostate. Mr. Lippman writes lucidly and eloquently, but he fails to provide a worthwhile criticism of the New Deal's "gradual collectivism...
...Lippmann attacks the Fascist, Communist and Democratic planners with great fervor and much logis. But when he attacks "gradual collectivism . . . the philosophy of special privileges for all," the author founders badly. He claims that gradual collectivism advances by concession to pressure groups, and thus he groups the Republicans who gave special privileges to corporations with the New Dealers who give bounties to farmers. Mr. Lippmann finds that these favors cannot be wisely dispensed by a democracy. "The gradual collectivist. . . has to believe that an elected parliament will distribute its privileges according to the push and pull of organized interests...
...policy of pressure groups is vicious, says Mr. Lippmann, because the production of wealth is diminished. He agrees with the managers of great corporations who are "fully aware that the production of wealth is restricted by labor laws which enable their employees to do less work for more pay." Mr. Lippmann does not suggest that more purchasing power in the hands of workers enables managers to produce more and so facilitates the production of wealth. At this point Mr. Lippmann does not seem to believe in either the redistribution of the wealth or organization of workers. But 100 pages further...
...Lippmann would say that there is a great difference between the conduct of labor unions seeking more pay for less work under the New Deal, and the labor organizations which he plans for his liberal state. His labor organization, far from being a selfish, self-seeking pressure group, would merely use its power to ensure a nice balance between the bargaining power of capital and labor. Just who is to tell when this perfect equilibrium is reached and who is to keep labor within such bounds...
Seeking Divorce. Mrs. Faye Lippmann; from Pundit Walter Lippmann; charging extreme cruelty; in Bradenton, Fla. Said Mrs. Lippmann's petition: "Lippmann is shrewd and quick in his mental processes, commands a vocabulary practically unlimited, is a facile veteran in the use of invective and development of criticism, a phase of his equipment that he constantly uses in administering verbal punishment on complainant...