What we have here is a short chapter in the economics of mass production of goods and the efficiency of mercantile combination as typically expressed in a Social Studies text back when I was in fifth grade, as read by the sonorous voice of Lowell Thomas. Back then it was usually accompanied by a few pictures of mills and some graphs, showing production and allocation of each dollar: so much for the workers, so much for the machinery and so much for the nervy capitalist who made these things possible.
For what it is, in its simplistic fashion, it is pretty good. Certainly when I was in grade school this was American Capitalism as we learned it. Given that this was released in 1937 during a particularly noxious year in the Great Depression, it was also clearly a demand that Washington Keep Its Fingers out of business, with a grand promise that we would have more cars, radios and flour than before.
Sorry, folks, but the world is more complicated than that....
For what it is, in its simplistic fashion, it is pretty good. Certainly when I was in grade school this was American Capitalism as we learned it. Given that this was released in 1937 during a particularly noxious year in the Great Depression, it was also clearly a demand that Washington Keep Its Fingers out of business, with a grand promise that we would have more cars, radios and flour than before.
Sorry, folks, but the world is more complicated than that....
