The corporation in America is in reality our form of socialism, vying in a sense with the other socialistic form that has emerged within governmental bureaucracy. But while the corporation has all the disadvantages of the socialist form of organization (so cumbersome it cannot constructively do much of anything not compatible with its need to perpetuate itself and maintain its status quo), unluckily it does not have the desirable aspect of socialism, the motivation to operate for the benefit of society as a whole. So we are faced with a vast network of amorphous entities perpetuating themselves in whatever manner they can, without regard to the needs of society, controlling society and forcing upon it a regime representing only the corporation's needs for survival.

The corporation has a limited, specific place in our society. Ideally speaking, it should be allowed to operate only where the public has a great stake in the continuity of supply or services, and where the actions of a single proprietor are secondary to the needs of society. Examples are in public utilities, making military aircraft and accessories, or where the investment and risk for a proprietorship would be too great for a much needed project impossible to achieve by any means other than the corporate form, e. g. constructing major airports or dams. Thus, if corporations are not to run away with us, they must become quasi governmental institutions, subject to public control and needs. In all other areas, private initiative of the ``proprietorship'' type should be urged to produce the desired goods and services.