Looking Backward: 2000-1887 - Chapter 22 Summary & Analysis

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Chapter 22 Summary

Chapter 22 delves into the issues of national product and how the country generates enough income to support so many citizens in such a bountiful way. Dr. Leete explains that they have no military to support, no national debt, no bankers and no private merchants. The amount of money spent on washing and cooking is negligible, since it's a cooperative venture for the entire society. The modern distribution system services the entire nation with 1/80th of the manpower and cost that it would have cost in Julian's time.

Dr. Leete holds that one reason for a reduced national product is that business is no longer a competitive and cutthroat venture. The old system created waste through four causes. The first cause was mistaken undertakings. Because there was not the certainty of discerning supply and demand that exists in Boston of the year 2000, many businesses...

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This section contains 503 words
(approx. 2 pages at 400 words per page)
Buy the Looking Backward: 2000-1887 Study Guide
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Looking Backward: 2000-1887 from Gale. ©2005-2006 Thomson Gale, a part of the Thomson Corporation. All rights reserved.
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