The Prospects

Two learned Britons this week looked with foreboding and gloom at America's prospects for postwar prosperity.

Harold Laski, radical economist, author and professor at the University of London, said in a transatlantic broadcast that he was "gloomy" about the future of the world "because I do not see how the free-enterprise system in America can lead to full employment."

Radical Laski said that he saw little hope of avoiding a U.S. postwar depression "because the philosophy of the American businessman today seems to be exactly what it was in 1929."

Geoffrey Crowther, editor of...