"Freedom" in capitalist countries exists only for those who possess money and who consequently hold power.
For man to go from less than 1% haves to 40%, living at high standard - despite decreasing resources - cannot be explained by anything other than by doing more than less.
Consisting mostly of recirculating scrapped metals, 80% of all the metals that have ever been mined are still at work.
We are operating at an overall mechanical efficiency of only four percent... Therefore, we find that if we increase the overall mechanical efficiency to only twelve percent we can take care of everybody. That three-fold increase in the overall efficiency can only be accomplished by redesign.
U.S. labor leaders will realize that automation can multiply man's wealth far more rapidly than it is multiplying at present and that automation will leave all men free to search and research... Realizing the direct competition with foreign industry on a straight labor basis will mean swiftly decreasing wages per hour and longer hours and decreasing buying power of the public.
Louis Kelso's formula sounds like Lydia Pinkham's Vegetable Compound. The whole theory sounds crazy. But, then, one may recall, they said all that of Copernicus too.
Man is not made for the state; the state is made for man. To deprive man of freedom is to relegate him to the status of a thing, rather than elevate him to the status of a person. Man must never be treated as a means to the end of the state, but always as an end within himself.
Normal science, the activity in which most scientists inevitably spend most all their time, is predicated on the assumption that the scientific community knows what the world is like. Normal science often suppresses fundamental novelties because they are necessarily subversive of its basic commitments.
The Spirit of Justice is the single most important seed Piers planted; if you don't live by its teaching, your chance of salvation is nil. Unless Conscience and the Cardinal Virtues form the food that people live on, just take my word for it, they're utterly lost - every single living soul among them!
The central moral issue of science is that we do not have a science of peace and hardly know where to begin in building one.
Every man has by nature the right to possess property as his own. This is one of the chief points of distinction between man and the animal creation.
It is also true that the less possible it becomes for a man to acquire a new fortune, the more must the existing fortunes appear as privileges for which there is no justification. Policy is then certain to aim at taking these fortunes out of private hands, either by the slow process of heavy taxation of inheritance or by the quicker one of outright confiscation. A system based on private property and control of the means of production presupposes that such property and control can be acquired by any successful man.
Only now are increasing numbers of political and social scientists beginning to realize that Kelso's theories provide a private-property-based alternative to the imminent passage of a government-distributed "guaranteed income" or "negative income tax."
We felt that the employees would take a greater interest in work if they felt they were part of the company.
But if not Kelso, then something else, because a free people must own the nation they live in.
Kelso's proposals do promise to free us from our morbid dependency on economic health through armament manufacture; they promise a way out of the welfare mess, out of foodstamps and ship subsidies, out of perpetual inflation, and they suggest a means of doing these things without being too disruptive of the wealth of five percent of the population who own the rest of us.
Them that's got shall get, Them that's not shall lose. So the Bible says, And it still is news. Mama may have, Papa may have, But God bless the child that's got his own.
Liberalism is a force truly of the spirit proceeding from the deep realization that economic freedom cannot be sacrificed if political freedom is to be preserved.
The party should stand for a constantly wider diffusion of property. That is the greatest social and economic security that can come to free men. It makes free men. We want a nation of proprietors, not a state of collectivists. That is attained by creating a national wealth and income, not by destroying it. The income and estate taxes create an orderly movement to diffuse swollen fortunes more effectively than all the quacks.
We supported the cooperative movement among farmers. The movement was still young and stubbornly opposed to the commercial distributors. I believed it to be one of the most helpful undertakings, for according to my social theories any organization run by citizens for their own welfare is preferable to the same action by the government.
This was my prayer: an adequate portion of land with a garden and a spring of water and a small wood to complete the picture.
Capital, and the question of who owns it and therefore reaps the benefit of its productiveness, is an extremely important issue that is complementary to the issue of full employment... I see these as twin pillars of our economy: Full employment of our labor resources and widespread ownership of our capital resources. Such twin pillars would go a long way in providing a firm underlying support for future economic growth that would be equitably shared.
We must give the American worker the first option of ownership.
One of the proven ways of getting workers more involved with their jobs is by dovetailing employee profit-sharing and stock ownership plans with greater responsibility sharing... Trade unions in this country should... consider these arrangements much more carefully than they have up to now... Expanded employee profit participation and stock ownership would provide workers with a greater measure of economic and social independence, thus stimulating increased productivity.
A community of small farmers... land property owners, will be the only assurance that the freedom our republic offers will be guaranteed to each and every citizen.
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