The American soviet government will take firm possession of the commanding heights of your business system: the banks, the key industries and the transportation and communication systems. It will then give the farmers, the small tradespeople and businessmen a good long time to think things over and see how well the nationalized section of industry is working.
Here is where the American soviets can produce real miracles. "Technocracy" can come true only under communism, when the dead hands of private property rights and private profits are lifted from your industrial system. The most daring proposals of the Hoover commission on standardization and rationalization will seem childish compared to the new possibilities let loose by American communism.
National industry will be organized along the line of the conveyor belt in your modern continuous-production automotive factories. Scientific planning can be lifted out of the individual factory and applied to your entire economic system. The results will be stupendous.
Costs of production will be cut to 20 percent, or less, of their present figure. This, in turn, would rapidly increase your farmers’ purchasing power.
To be sure, the American soviets would establish their own gigantic farm enterprises, as schools of voluntary collectivization. Your farmers could easily calculate whether it was to their individual advantage to remain as isolated links or to join the public chain.
The same method would be used to draw small businesses and industries into the national organization of industry. By soviet control of raw materials, credits and quotas of orders, these secondary industries could be kept solvent until they were gradually and without compulsion sucked into the socialized business system.
