“The Business, As Usual” by Mack Reynolds, 1952, Fantasy House, Inc. Anthologized in “50 short science fiction tales” edited by Isaac Asimov and Groff Conklin, 1963, pg 199. Mr. Benford’s short story is a humorous retelling of this story.
I had an idea where the Storm Constantine story might be going very early on and wrote down the idea to use myself just in case I was wrong. I have since deleted it from my ideas file. Good story, even if I knew where it was going.