In a world confronted by political, economic and social unrest, Peter Morici offers some sobering realities worthy of further discussion. ("Is sun setting on democratic capitalism?" June 8). Bring him back for future articles on any of the many provocative subjects raised in his article. For starters:

How to preserve democratic capitalism while reigning in some of its more egregious excesses. How to define the proper role of government and the public sector which is now sucking vitality from the private sector. How to redesign pension plans which today are underfunded and unsustainable, and Social Security, which began as an insurance plan intended to cover only those who outlived their live expectancy. As the life expectancy increased, Congress, because of union pressure and benign neglect, failed to index retirement age, benefits and contributions to increases in longevity. Rather than merely taking over the student loan program, address the reasons for the outrageous increase in the cost of a college education. If we are to live in a post-industrial society, what is the government's survival plan other than reliance upon employment in fast food, service industry and the public sector?

Professor Morici deserves a wider audience for his comments.

Lowell E. Abramson