ABSTRACT
Income and employment prediction and a stake in profits would be sufficient to overcome the economic tensions of industrial society but for the depression psychosis in which the worker lives today. Our depression policy today is completely obsessed by the cyclical or business depression. The major problem of the next decades may not be the business depression but the dislocation depression. A policy to overcome the threat of cyclical unemployment must counteract the conditions that make for cyclical depression. No government will be forgiven or allowed to continue in office if it fails to develop a positive depression policy. The starting point of such a policy would be the income and employment prediction. It is not too difficult to move from the prediction of future economic developments to an attack on the effects of the fluctuations themselves.
