Industrial Organization Quotes
This futuristic work attempted to project American life in the year 2000—then 112 years in the future. It is remarkable how many elements he successfully predicted.
The concept and importance of the manager was just beginning to be understood. Sumner was instrumental in making workers and capitalists that they all needed and depended on managers who he called “captains of industry.” Others used the term to describe rich financiers and owners of large enterprises, but Sumner identified a role for the captain who was neither an owner nor a worker—the modern executive.
Martin had this facinating idea of balancing capitalism and communism in American Society. All youth would be in national service to the state for 8 years during that time why will be assigned by the state to producing and providing the necessary goods and services for evryone else. And these would be goven to all as an entitlement. (She had calculated that is what it took to produce the "necessities") All adults after their national service were entitled to the necessities for life whether or not the worked. However all luxuries would be unter captialistic control. People who anted to make and sell them could do so and could earn money from doing so either as entrepraneurs, investors, employees. So all who wished luixuries would have to earn them in a classic captialsitic system, but the social safety net of the necessities would be free to all.