ABSTRACT

"The animosity of German capitalism against the state", wrote Professor M. J. Bonn on the eve of the Nazi coup d'etat, does not rest upon fundamental theoretical foundations, but upon purely opportunistic considerations. It is opposed to the state when state control is in the hands of a political majority whose permanent good will it doubts. Not "monopolistic competition" but "monopolistic collusion" paces the gathering up and centralization of power to determine business policies over ever widening areas. The business enterprise in all major capitalistic countries is becoming bureaucratic. Leadership, so far as the respective underlying hierarchy of command and subordination is concerned, is typically selfappointed, self-perpetuating, and autocratic. Contrary to certain implications of current usage, "totalitarianism", like "bureaucracy", is not necessarily undesirable if it is taken to mean a social-psychological outlook possessing at once a coherent unifying philosophy and a general program of action which comprehend the totality of organized social life.