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Utopian critics reject both capitalism and authoritarian socialism and seek to establish new social orders based upon different human values.They bel… - Neil H. Jacoby
" "Utopian critics reject both capitalism and authoritarian socialism and seek to establish new social orders based upon different human values.They believe that human nature can be radically changed. Individualistic striving for material gain is to be replaced by cooperative efforts to elevate the moral and cultural character of society. Wealth and income are to be shared according to need rather than according to productivity—an ideal not yet realized in any of the socialist countries. American-style capitalism and Soviet-style socialism equally err, they contend, in having hierarchical structures and in stressing material rewards; the difference between them are not significant.
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About Neil H. Jacoby
Neil Herman Jacoby(September 19, 1909 – May 31, 1979) was a university professor and public servant and was widely recognized as an expert on matters of taxation, finance, economic policy, and business-government relationships.
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Neil Herman Jacoby
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N. H. Jacoby
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The emerging censorship of political payments by U.S. business corporations is a potentially important, but little noted, aspect of the recent controversies about these payments. The operating behavior of American business overseas is becoming a new dimension of the public regulations of business. Until recent years, this regulation was concerned with such matters as healthy working conditions for employees, safe and reliable products, and enforcing competition. The disclosure of political payment abroad has led federal agencies to increase still further their role as arbiters of business behavior.
Whenever any thought or idea or moral imperative is transferred from one society to another an important question is whether that which is transferred is freely sought by the recipient or is, to one degree or another, forced down his throat. Does the transference occur freely through reading or the reports of visitors to other lands, i.e., does it occur as a voluntary importation by one society of what another has developed or found, or does it occur through the coercion of the bayonet or propaganda?
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In 1949 coal met nearly two-thirds of the world’s energy needs, oil less than one-quarter, and natural gas about one-tenth, with water power a residual 2 percent. By 1971 the use of coal had dropped to one-third of world energy consumption, while the use of oil had risen to 43 percent and natural gas to 21 percent.
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