Abstract

A New Economic Policy

Corey, Lewis | August 10, 1940 issue

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The article focuses on the book "A Programme for Progress," by John Strachey. In this book the most interesting and suggestive he has written, John Strachey joins the handful of Marxists and Socialists who are trying to overcome a fatal defect of socialism -- its lack of a workable economic program of transition. Strachey is trying here to work out a program for a radical government that comes to power during an economic crisis, finds it impossible to abolish capitalism but possible to modify it, and must restore production and raise living standards within a modified capitalism or make the crisis worse and invite reaction.

See Also:

PROGRAMME for Progress, A (Book); STRACHEY, John; COMMUNISM; SOCIALISM; CAPITALISM; ECONOMICS
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