GOVERNMENT IN BUSINESSn: What to Do About $40 Billion


HOW far has "creeping socialism" crept? Farther than most businessmen think.

The astounding fact is that the U.S. Government is now operating some 100 separate types of business enterprises in which it has sunk at least $40 billion. Among other things, the Government has become the nation's largest insurer, electric-power producer, lender, landlord, grain owner, warehouse operator and shipowner. It monopolizes the world's biggest potential new industry: atomic energy.

How did this giant rival to business get so big? Many of the activities, such as atomic energy and synthetic rubber, were vital to national security, and only the Government was big...

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