Article on Peter F. Drucker's vision for the Western economy. Drucker argues that the collapse of communism as an economic ideology also meant rethinking the welfare state in modern capitalist economies. He recommends making significant cuts to or dismantling current American welfare programs, such as Social Security, Medicare, and Medicaid. Drucker proceeds to discuss the current state of global affairs, specifically tensions centering on China and Russia, and how there will be no economic superpower in the future. He also predicts the end of corporate culture in the West.
Drucker, Peter F. (Peter Ferdinand), 1909-2005 St. Louis Post-Dispatch Flannery, William J
Source
Article on Peter F. Drucker's vision for the Western economy. Drucker argues that the collapse of communism as an economic ideology also meant rethinking the welfare state in modern capitalist economies, February 12, 1995; Drucker Archives; Box 109, Folder 13; 2 pages
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