Americans are better off in a dynamic, free-enterprise-based economy that fosters economic growth, opportunity and upward mobility instead of a stagnant, government-directed economy that stifles job creation and fosters government dependency.
There are some things in the world we can't change- gravity, entropy, the speed of light, and our biological nature that requires clean air, clean water, clean soil, clean energy and biodiversity for our health and well-being. Protecting the biosphere should be our highest priority or else we sicken and die. Other things, like capitalism, free enterprise, the economy, currency, the market, are not forces of nature, we invented them. They are not immutable and we can change them. It makes no sense to elevate economics above the biosphere.
Alas! the culture of an Irishman is an enterprise to be undertaken with a sort of moral bog hoe.
All great enterprises are self-supporting.
By what a delicate and far-stretched contribution every island is made! What an enterprise of nature thus to lay the foundations of and to build up the future continent, of golden and silver sands and the ruins of forests, with ant-like industry.
We have feudal governments in a commercial age. It would be but an easy extension of our commercial system, to pay a private emperor a fee for services, as we pay an architect, an engineer, or a lawyer. If any man has talent for righting wrong, for administering difficult affairs, for counselling poor farmers how to turn their estates to good husbandry, for combining a hundred private enterprises to a general benefit, let him in the county- town, or in Court-street, put up his sign-board, Mr. Smith, Governor, Mr. Johnson, Working king.
Promiscuity: optimism, free enterprise, mobility--the American Dream.
We must learn to lean upon ourselves; we must learn to plan and execute business enterprises of our own; we must learn to venture our pennies if we would gain dollars.
As motherhood as a "private enterprise" declines and more mothers rely on the work of lower-paid specialists, the value accorded the work of mothering (not the value of children) has declined for women, making it all the harder for men to take it up.
And the word is capitalism. We are too mealy-mouthed. We fear the word capitalism is unpopular. So we talk about the free enterprise system and run to cover in the folds of the flag and talk about the American Way of Life.
Private enterprise is ceasing to be free enterprise.
For myself I say deliberately, it is better to have a millstone tied round the neck and be thrown into the sea than to share the enterprises of those to whom the world has turned, and will turn, because they minister to its weaknesses and cover up the awful realities which it shudders to look at.
What the carburetor, sparkplug and self-starter are to an automobile, initiative, private enterprise and executive ability are to industry as a whole, including the wage earner, wage payer, wage spender and wage saver, i.e., the investor. If the sparkplug and self-starter get out of commission, the car will come to a standstill.
Henry Ford has several times sneered at unproductive stockholders.... Well, now. Let's see. Who made Henry Ford's own automobile company possible? The stockholders who originally advanced money to him. Who makes it possible for you and me to be carried to and from business by train or street car? Stockholders.... Who made our vast telephone and telegraph service possible? Stockholders.... Were stockholders all over the country to withdraw their capital from the enterprises in which they are invested, there would be a panic ... on a scale never before known.
Summer, with its dog days, its vacations, its distractions, is over. We have had our holidays, our rest, our recreation. The fall season, with its new opportunities for effort, enterprise and achievement, is upon us. Let us rip off our coats and get down to business. We may have allowed pessimism to grip us during the summer months. We may even have allowed laziness to enter our bones. Now it is up to us to throw off both lassitude and pessimism. The time has come for action, for aggressiveness.
One's knowledge and experience are definitely limited and there are seldom more than two or three enterprises at any given time in which I personally feel myself entitled to put full confidence.
One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover... but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.
Use book value as a starting point to try and establish the value of the enterprise.
In every enterprise consider where you would come out.
The heroic example of other days is in great part the source of the courage of each generation; and men walk up composedly to the most perilous enterprises, beckoned onward by the shades of the brave that were.
It is high time that laymen abandoned the misleading belief that scientific enquiry is a cold dispassionate enterprise, bleached of imaginative qualities, and that a scientist is a man who turns the handle of discovery; for at every level of endeavour scientific research is a passionate undertaking and the Promotion of Natural Knowledge depends above all on a sortee into what can be imagined but is not yet known.
The sciences of today are business enterprises run on business principles. Research in large institutes is not guided by Truth and Reason but by the most rewarding fashion, and the great minds of today increasingly turn to where the money is - which means military matters.
There is no "scientific worldview" just as there is no uniform enterprise "science" - except in the minds of metaphysicians, school masters, and scientists blinded by the achievements of their own particular niche... There is no objective principle that could direct us away from the supermarket "religion" or the supermarket "art" toward the more modern, and much more expensive supermarket "science." Besides, the search for such guidance would be in conflict with the idea of individual responsibility which allegedly is an important ingredient of a "rational" or scientific age.
It has been remarked that when one passes among the patients of the psychiatric ward, he encounters among the several sufferers every aspect of normal personality in morbid exaggeration. ... As one passes through the modern centers of enterprise and of higher learning, he is met with similar autonomies of development. ... The scientist, the technician, the scholar, who have left the One for the Many are puffed up with vanity over their ability to describe precisely some minute portion of the world. Men so obsessed with fragments can no more be reasoned with than other psychotics.
No: until I want the protection of Massachusetts to be extended to me in some distant Southern port, where my liberty is endangered, or until I am bent solely on building up an estate at home by peaceful enterprise, I can afford to refuse allegiance to Massachusetts, and her right to my property and life. It costs me less in every sense to incur the penalty of disobedience to the State than it would to obey. I should feel as if I were worth less in that case.
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