This is the question that Peter Drucker, world-famous analyst of the modern corporation, probes as he views the rampant and radical growth of postwar industry. He discusses the dominance of the corporation in our economic life, the new power of the managerial elite, the take-over of automation, and the dangers of monopoly and totalitarianism. With startling clarity he shows how the economic conventions of our society no longer ensure the freedom of the individual; how new concepts in politics, philosophy, and government must be developed to harness industrial forces if we are to shape a free and meaningful social order.