| Abstract: | In order to reach material equilibrium in the economy, one must be able to control the total production volume of industrial sectors. The paper discusses three ways of stabilizing the size of an industrial sector. The no-nonsense appraoch entails direct regulation of the capacity of industrial plants. The manipulative approach softens the negative employment effects of direct regulation through a subsidy scheme. The enlightened public approach implies reduced material standards, as does the manipulative approach, but insures stable employment even at constant sector output. |
