The former chairman of the Commission on Foreign Economic Policy, popularly known as the Randall Commission, sets forth an earnest plea for a realistic and forward- thinking attitude on the part of American business men toward the uncommitted areas of the world. Mr. Randall, a steel executive, believes that American business must act fast if it is to take the initiative from the Communist bloc. The ""developing"" countries as he prefers to call the underdeveloped areas must be aided to enable them to increase their exports so that they can maintain the dollar balance. He advocates more government loans for foreign public works projects. A onetime conservative and isolationist, Mr. Randall takes the reader through his thought processes from his college days to the present, explaining how he was converted to this more liberal and international viewpoint. It will find the audience of his earlier books- A Creed for Free Enterprise and Freedom's Faith.