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Word: planlessness (lookup in dictionary) (lookup stats)
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Strictures. With much of Thomas' general criticism of the U. S. scene even tycoons may agree. Says Thomas: "The whole [economic] system is planless and extremely chaotic. . . . Employers have not even been able to forecast the market for their own products or prevent recurring depression. ... In sum total this planless, wasteful profit system gives us a new type of misery: poverty and unemployment in the midst of potential plenty...

Author: /time Magazine | Title: Books: History Horsed* | 3/30/1931 | See Source »

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