Tulane University - Jambalaya Yearbook (New Orleans, LA)

future of capitalism in America. Romney emphasized the responsibility of the American people for a return to traditional American values. .\1athias stressed the need for the " lost element of lead- ership in government. " Heilbroner responded: " We ' re going to have to get together and move toward the direction of socialism, " but advised that every citizen attempt to " understand and steer away from bureaucratic democratization. " Harrington agreed that collectivization was part of America ' s future and re-emphasized the need for structural changes in the democratic system. He summed up by say- ing, " Our present capitalist system will be gone in fifty to one-hundred years. The question is, will it be a bureau- cratic-corporative system of government or a democratic- socialist one? " THE MORALITY OF CAPITALISM " The capitalist system is found all over the world. It is characterized by a high concern for the individual — something you don ' t find in other systems. The bad thing about it is that because it is based on intense selling and advertising, someone is telling you half-truths everyday. " Robert Heilbroner " I see enormous potential for the country. I ' m not sure if we have a civilization yet. It lacks characteristics of mature civilizations. But I look forward to a great golden age of America. " Sen. Charles Mathias