ABSTRACT

Summarizing the economic situation as it confronts the people, we recognize that new economic functions of the State will be needed to stimulate and support the full employment and the high productivity required to meet the requirements of the situation: to pay the high interest for capital in private industry and for war debts, to furnish a high standard of real wages and leisure, and to meet the enlarged requirements of a progressive State in the provision of social services. Industrial and social safety and progress, therefore, demand the successful capture of the State by the people. But the stress laid upon the more showy character of elections, parliamentary representation and legislative action, must not be allowed to hide from us the important truth that, as the governmental machinery of a great modern State grows in complexity, more and more of the real governing power is of necessity vested in administrative officials.