Russian Communists believe that cartels are the ultimate and inevitable form of modern economic development, and that trustbusting laws like the U.S. Sherman Act are in fact reactionary. They denounce other people's cartels not for economic but for political reasons. Last week, news came from Germany that the Red Army had quietly organized the biggest cartel in history, prepared to do big business with western Europe.

Known as the Sowjetische Industrie A.G. (Soviet Industrial Corp., and owned 51% by the Russian state and 49% by Germans), the enterprise has an official capital of over eight billion marks ($800,000,000). Its real value...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

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