National Affairs: Success & Successor

"In our rational and sophisticated age, the devil and hell have become very complicated. The true faith is capitalism. Its priests are lawyers and economists. The devil consists of an abstract man called a demagogue." Last year's defeat of Supreme Court reorganization constituted "a way of taking away from a great popular majority the fruits of their recent victory at the polls." The effect of anti-trust laws has been "to promote the growth of great industrial organizations by deflecting the attack on them into purely moral and ceremonial channels."

Sardonic comments like...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!