Undergraduates used to worry their elders by leaning Left. Last week there were two small signs that postwar students may be looking the other way.
At Princeton, ex-G.I. Allen F. Colley, 23, founded a Save Capitalism Committee. Its key to salvation: profit-sharing to make labor and capital work together. The president of a New York building materials company offered his firm as a laboratory to test the theory. Colley & Co. were also trying to sell the idea to neighboring colleges, hoped it would catch on as well as Princeton's once-famed Veterans of Future Wars.*
At the University of Michigan, the pro-capitalists gave...