Foreign News: Free from Marx

At an extraordinary congress at Bad Godesberg last week, West Germany's Social Democratic Party, defeated in the past three elections by Chancellor Adenauer's Christian Democrats—and by increasing margins, formally shed the Marxist principles upon which it was founded 96 years ago. The new platform favors "a free market wherever free competition really exists." Instead of a rigidly controlled economy, it now seeks "as much competition as possible, as much planning as necessary."

...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

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