New Britain herald., 1923-02-03
MODERN CAPITALISM AND SOCIALISM
 ARE THE SAME, STEINMETZ DECLARES

ia labor anions but not in the puE poses uhdeFiEing these unlsns.
 hadioai Jass as Had
 'sfhs topical radical is juss as had
 tie calls himself a, 'pTogressiye Scientific analysis clearly shess him
 lo ne one generation behind the times
 lie IS attempting to set back the
 hands Of the clock and stem the tides
 Of progress Whys Because progress
 demands consultations. because effi-
 eleney In production and distribution
 requires cooperation rather than com
 petitiop, Nasteful competition is the
 hasie feasen for high costs. Cost in
 production has heen reduced hy inc
 developing of large units and cutting
 out Naslefui competition, One reason
 why the cost Of distribution is today
 so great Is because this cooperation Is
 just heglnning--thfough the chain
 slofes-lo be applied 10 distribution,
 The radicals are trying through iesis-
 lailon to break up these large and ef.
 fieient organizations They are as hiiad as the union lahormen who are
 trying to get richer by producing less
 Mind you--I'm not eritieizing labor unions per SC. Labor has as much right to unite in unions as have in- sestors 10 unite in corporations, but both should be subject to the same laws and have for their purposes pro- ] dnetion and distribution. Wage work | CTS should not give ID their organi- | sations but they should justify tho existence Of such organizations.
 "only the capitalists and the social ists are working along sane lines and these two groups are coming more closely together every year. In fact they are joining hands today in de. aire for organized production and dis tribution compared with merely de- sire for more Of the spells Of induSiry. The real fight today is not between employees and employers. but rather between those who want 10 produce and those who want to get something for nothing or at least to give in re- furn for living as little in effort as hey can get away with. It is true hat this latter group includes both -ich and poor, but 1t Is n large group md very menacing one today
 Who to Worry About
 Personally l do not worry about iither the capitalists or the socialists. )nly the orthodox union leaders and ! he radical politician worry me. Both ' capitalists and the socialists are in- C crested in increasing production and 2 distribution. Both sys- ems depend for their authority on the onsent of the governed. Both con- ar AtatK .NsAt xT s.xl, nly as they truly serve the producer. II lost all of us are producers in some orm or another. Hence-when ex- mined under the microscope there U found to be only very little differ is nee today between capitalism and so- U ialism. Both are aiming at the same II ling although both are attacking the c' roblem from different angles. Only e ,e future can tell which angle is the IT ,undest. It cannot be now determin- u by argument, by force or by votes. le he wise man will respect both the aders of the capitalists and the lead U $ of the socialists" m Cooperation Replaces Competition IT Turning from political theory to o' tactical business organization, Dr. m .einmetz outlines new way based m l production rather than profit. h' There can be no permanent pros at ,rity," he says with industries com sa ,ting with one another and with us llf dozen little shops in every block tl'
 at present. To eliminate the hills al Id valleys of the Babsonchart there ar ust be more cooperation and less m mpetition When industry is pro- CT rly organized and controlled then la