Eric Johnston attracted nationwide attention after his election to the presidency of the United States Chamber of Commerce. As the representative of some 600,000 businessmen, his first official act was to make friendly calls on President Roosevelt,MoreEric Johnston attracted nationwide attention after his election to the presidency of the United States Chamber of Commerce. As the representative of some 600,000 businessmen, his first official act was to make friendly calls on President Roosevelt, President Green of the AFL, and President Murray of the CIO. Since then he has continued to amaze radicals and conservatives alike with his unusually progressive ideas on labor, big business, and what he has chose to call peoples capitalism.
AMERICA UNLIMITED is the summing up of those ideas and represents his most profound convictions regarding the economic future of this country.With compelling enthusiasm, Mr. Johnston comes out for the tried-and-true American maxims of freedom and opportunity. His confident enthusiasm gives them an extraordinarily fresh and exciting vitality.
he cogently states his case for a peoples capitalism with the emphasis on rugged individualism, private enterprise, and the competitive spirit. These values still hold good, he insists, because of the miracle of American abundance:. . . it is a simple, demonstrable fact that the United States of America is the wealthiest, healthiest, freest, best-educated country in all human history.
I am uncomfortably conscious that this sounds like jingoistic boasting. But it happens that only superlatives can compass the reality- the bare facts are superlative. Whether measured by the yardsticks of goods produced, distribution of those goods to the mass of populations, leisure for the average man, diet, hygiene, education, or political freedoms, American capitalism--for all its faults and imperfections--is clearly more successful than any system known to man.And Mr. Johnston backs such claims with an impressive array of facts. He points to the stupendous accomplishments of American production during the war and goes on to show how a free capitalist economy can open the rich frontiers of expansion awaiting postwar discovery.
In the process, he manages to spotlight most of the important issues on the national scene: taxes as they ar related to job-making- the struggle between individualism and statism- the interdependence of labor, management, and agriculture. He also provides the high lights of his personal rise to success and explains why he approves of much about the New Deal.AMERICA UNLIMITED displays Eric Johnstons gift for presenting his ideas in a dynamic, delightful way.
So straight-forward and winning is his manner that he seems to put in words our own half-realized thoughts. As he himself says, I feel that in so far as I succeed in identifying my own credo, I am also describing the belief, the hopes, the aspirations of a vast number of Americans.