Changes

===Political System X===

===Political System X===

In his book ''The Road We Are Traveling'', Chase listed these 18 items:<ref>{{cite book|last1=Chase|first1=Stuart|title=The Road We Are Traveling 1914-1942|date=1942|publisher=The Twentieth Century Fund|location=New York|pages=95-96}}</ref>

In his book ''The Road We Are Traveling'', Chase discussed the transformation of 'Free Enterprise into X'.  He responded to [[James Burnham]]'s observation that we are seeing a ''Managerial Revolution''(to which Chase agreed) and listed these 18 items which were all applicable to the United States:<ref>{{cite book|last1=Chase|first1=Stuart|title=The Road We Are Traveling 1914-1942|date=1942|publisher=The Twentieth Century Fund|location=New York|pages=95-96}}</ref>

#A strong, centralized government.

#A strong, centralized government.

#An executive arm growing at the expense of the legislative and judicial arms.

#An executive arm growing at the expense of the legislative and judicial arms. In some countries, power is consolidated in a dictator, issuing decrees.

#The control of banking, credit and security exchanges by the government.

#The control of banking, credit and security exchanges by the government.

#The underwriting of employment by the government, either through armaments or public works.

#The underwriting of employment by the government, either through armaments or public works.

#The underwriting of social security by the government – old-age pensions, mothers' pensions, unemployment insurance, and the like.

#The underwriting of social security by the government - old-age pensions, mothers' pensions, unemployment insurance, and the like.

#The underwriting of food, housing, and medical care, by the government.

#The underwriting of food, housing, and medical care, by the government. The United States is already experimenting with providing these essentials. Other nations are far along the road.

#The use of deficit spending to finance these underwritings.

#The use of deficit spending to finance these underwritings. The annually balanced budget has lost its old-time sanctity.

#The abandonment of gold in favor of managed currencies.

#The abandonment of gold in favor of managed currencies.

#The control of foreign trade by the government.

#The control of foreign trade by the government, with increasing emphasis on bilateral agreements and barter deals.

#The control of natural resources.

#The control of natural resources, with increasing emphasis on self-sufficiency.

#The control of energy sources.

#The control of energy sources - hydroelectric power, coal, petroleum, natural gas.

#The control of transportation.

#The control of transportation - railway, highway, airway, waterway.

#The control of agricultural production.

#The control of agricultural production.

#The control of labor organizations.

#The control of labor organizations, often to the point of prohibiting strikes.

#The enlistment of young men and women in youth corps devoted to health, discipline,community service and ideologies consistent with those of the authorities.

#The enlistment of young men and women in youth corps devoted to health, discipline,community service and ideologies consistent with those of the authorities. The CCC camps have just inaugurated military drill.

#Heavy taxation, with special emphasis on the estates and incomes of the rich.

#Heavy taxation, with special emphasis on the estates and incomes of the rich.

#Control of industry without ownership.

#Not much "taking over" of property or industries in the old socialistic sense. The formula appears to be control without ownership. It is interesting to recall that the same formula is used by the management of great corporations in depriving stockholders of power.

#State control of communications and propaganda.

#State control of communications and propaganda.

==Works==

==Works==