By Thorstein Veblen

This 1904 quantity presciently criticizes the dominance of huge agencies in tradition and economic climate, contrasting the targets of business—the making of profit—with the ambitions of industry—the making of products. Veblen describes the economic procedure as primarily unsuitable in lots of methods.

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Global counterrevolutionary policy. The communists were depicted as evil incarnate, demonized conspirators who sought power for power's sake. The United States had to be everywhere to counteract this spreading "cancer," we were told. S. leaders waged a merciless war against revolutionaries in Indochina for the better part of twenty years. They dropped many times more tons of explosives on Vietnam than were used throughout World War II by all combatants com­ bined. S. forces and their South Vietnam collaborators carried out the selective assassination of 24,000 Vietnamese dissidents, in what was known as the Phoenix Program.

When it comes to Red-bashing, some of the best and brightest on the Left sound not much better than the worst on the Right. S. media commentators have repeatedly quoted Lenin in that misleading manner. In fact, his statement was disap­ proving of terrorism. He polemicized against isolated terrorist acts which do nothing but create terror among the populace, invite repression, and isolate the revolutionary movement from the masses. Far from being the totalitarian, tight-circled conspirator, Lenin urged the building of broad coalitions and mass organizations, encompassing people who were at different levels of political devel­ opment.

Ramachandran ( Monthly Review, 5195) . All this is not to deny that many people in Kerala endure unacceptable conditions of poverty. Still, despite a low level of income and limited resources, the achieve­ ments wrought by democratic government intervention - and pro­ pelled by mass action - have been substantial, representing the difference between a modestly supportable existence and utter misery. Many Third World peoples produce dedicated and capable pop­ ular organizations, as did the communists in Kerala, but they are LET U S N O W P R A I S E REVO LUTI O N 31 us ually destroyed by repressive state forces.

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The Theory of Business Enterprise by Thorstein Veblen
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