The New Economy

Written in the wake of the waves of economic and social upheaval in the post Civil War period this 1898 work a lost classic of American Socialism is a cry for a nationwide plan to even out the bumpy ride America had been on and that-the author predicted accurately-it would see again. Here LAURENCE GRONLUND (1846-1899) American lawyer writer and worker for the Socialist Labor Party explains why industrial democracy a most noble ideal is inevitable and explores its many potential facets some of which will sound familiar to readers today: . state aids to employed labor . state help to unemployed labor . municipal enterprises under state control . socialization of mines and liquor traffic . a national telegraph . national banks . national controls of fares and freight rates . and more.