A static technology is, however, almost inconceivable. It runs so strongly against established drives in American society as to be practically imposs… - Neil H. Jacoby

The postwar burgeoning of oil enterprises throughout the world wrought important changes in the structure of the foreign oil industry. Competitors multiplied, concentration of the industry was reduced, and the market positions of the ‘seven largest’ companies shrank.

The central them of Humanistic Marxism is the replacement, in the economy, of authoritarian penalties and material incentives with democratic processes and moral incentives…Great stress is laid upon an egalitarian distribution of income and wealth. Everyone is expected to perform some physical work… Corporations are maintained as state-owned facilities under joint government-worker control. Market competition and profit motivation are blunted or obliterated. Authoritarian political methods, officially shunned, are used in some degree to stifle dissent and to enforce industrial discipline provided by market competition in the United States.

Reformist critics comprise the majority of contemporary critics of American business. To a considerable extent, their demand is not for new or stricter governmental controls, but for attitudes and policies on the part of corporate leaders that are more responsive to public needs. Our society needs reformist critics and the author counts himself among them.