Why Carter Can't Reduce Military Spending

The Wall Street Journal recently expressed an interest, through the Public Affairs Office of the University of California at Berkeley, in running material on current economic issues from a radical viewpoint. The following article was accordingly written and submitted to the Journal, but it was not judged acceptable. Michael Reich is a member of the economics faculty at Berkeley, and is co-author of The Capitalist System: A Radical Analysis of American Society. —The EditorsThis article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website

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