THE ECONOMY: Trustbusting, New Style

"If the concentration of power by business was bad for our country—and it was—then the concentration of power by Government is equally bad. And it is." With that observation off his chest, ex-Defense Mobilizer Charles E. Wilson last week advanced a revolutionary method of stopping the "creeping paralysis of socialism" in the U.S.

"We have to launch a second era of trustbusting," said Wilson, "and we need a bigger stick than even Teddy Roosevelt could swing." Electric Charlie's electrifying idea: sell the Government-owned power and water projects to the people. "The potential buyers are all around us," said Charlie Wilson. "They...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

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