ABSTRACT

Big units and consolidations of all sorts were considered as necessary for that system of "rationalization" which seemed to promise some way out of world economic depression. If planning really succeeds, and it has been succeeding organically in many industries, it must mean or should mean that certain wants are now more economically and therefore more cheaply satisfied than before. But there are others who are interested in the planning idea from a viewpoint which is better adapted to the actual practical needs of present industrial organization. Planners in England have been eager to work out a thorough and thoughtful scheme for securing more concentration in industry, in order to secure more planning. Planning implies a certain standardization of wants. For that standardization is the keystone of mass production which again is the keystone of planning possibilities. And there is a point which may be mentioned, and which should dampen down exaggerated ideals of wholesale planners.