Problems in American Democracy
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Chapter 17 A DEMOCRATIC PROGRAM OF INDUSTRIAL REFORM

[Footnote: The title of this chapter, as well as the material in

Sections 170-175, has been adapted, by permission, from the writings

and lectures of Thomas Nixon Carver, Professor of Economics in Harvard

University.]

167. THERE IS NO SIMPLE REMEDY FOR THE DEFECTS OF CAPITALISM.-The economic system of a modern civilized nation is a vast

            
            

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