Needed: a Reformation

At midcentury, the U.S. was fully embarked upon the greatest task in its history: to sustain, and maintain, the non-Communist world until it was able to sustain itself. To help light the U.S. and its businessmen along this rocky path, FORTUNE last week devoted its 20th anniversary issue to the problem of linking the U.S. with the economies of the rest of the world.

The job, as FORTUNE'S lead article denned it, called for nothing less than "a vast Reformation in the world's ways of earning its living." Europe would have to drop...

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