At war's end, Hungarian-born Eugen Varga was a major prophet among Soviet economic seers. He undertook to make an analysis of the war's effect on the economy of capitalist countries. After patient study of the portents, he put his conclusions in a book which was not allowed circulation outside a close circle of party potentates.
Varga's findings: 1) no economic reasons now exist for a struggle between Soviet socialism and Western capitalism; 2) there is no likelihood of a capitalist crisis before 1955; 3) capitalist states can, in times of emergency, control profits and regulate monopolies in the national interest; 4)...