Contains good shot of rotating globe.
Ken Smith sez: What we have, according to this film, is "the great gift of economic freedom." This is defined by the narrator as the freedom to produce, to make a profit, and to invest.
To help us to understand this, we're shown the history of average American housewife Midge's frying pan, as we're treated to LOTS of steelmaking and pan manufacturing footage (thanks again, Inland Steel and Borg-Warner) and are reminded that we have "the best workmen and the best tools on earth."
"We have plenty of problems," the narrator concedes, a vague allusion to all the things that never appear in 1950s business films. But such problems really don't matter, he adds -- not so long as we have our wonderful economic freedom. "And we're FAR better off than the rest of the world!" he adds. "THAT'S what we have!"
Uses footage from THE WHEAT FARMER.
capitalism free enterprise Politics Economics
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