A Quote by Leonard Read
A fact rarely suspected, let alone understood, is that businessmen are by no means the chief beneficiaries of the free market, private ownership, limited government way of life. Many business ventures fail entirely. Who then are the beneficiaries? The masses!
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The market steers the capitalistic economy. It directs each individual's activities into those channels in which he best serves the wants of his fellow-men. The market alone puts the whole social system of private ownership of the means of production and free enterprise in order and provides it with sense and meaning.
If the Government gets into business on any large scale, we soon find that the beneficiaries attempt to play a large part in the control. While in theory it is to serve the public, in practice it will be very largely serving private interests. It comes to be regarded as a species of government favor and those who are the most adroit get the larger part of it.
African-Americans have rarely been the beneficiaries of Presidential rhetorical excess.
Tariff policy beneficiaries are always visible, but its victims are mostly invisible. Politicians love this. The reason is simple: The beneficiaries know for whom to cast their ballots, and the victims don't know whom to blame for their calamity.
By putting the means of production into the hands of the masses but withholding from those same masses any ownership over the product of their work, Web 2.0 provides an incredibly efficient mechanism to harvest the economic value of the free labor provided by the very, very many and concentrate it into the hands of the very, very few.
Private appropriation of the Earth’s surface, the natural resources, and the means of life is nothing less a crime than a crime against humanity, but the comparative few who are beneficiaries of this iniquitous social arrangement, far from being viewed as criminals meriting punishment, are the exalted rulers of society, and the people they exploit gladly render them homage and obeisance.
We're not a socialist country, because the socialists believe in government ownership in the means of production, but the fascists believe that the government should have private ownership and the politicians should tell people how to run the businesses. So that's the route we seem to be going.
One moves swiftly and imperceptibly from a world in which affirmative action can`t be ended because its beneficiaries are too weak to a world in which it can`t be ended because its beneficiaries are too strong.
We insist on producing a farm surplus, but think the government should find a profitable market for it. We overindulge in speculation, but ask the government to prevent panics. Now the only way to hold the government entirely responsible for conditions is to give up our liberty for a dictatorship. If we continue the more reasonable practice of managing our own affairs we must bear the burdens of our own mistakes. A free people cannot shift their responsibility for them to the government. Self-government means self-reliance.
The right way is the greatest gratifier of human wishes ever come upon - when allowed to operate. It is as morally sound as the Golden Rule. It is the way of willing exchange, of common consent, of self-responsibility, of open opportunity. It respects the right of each to the product of his labor. It limits the police force to keeping the peace. It is the way of the free market, private property, limited government. On its banner is emblazoned Individual Liberty.
Plutocrats were the chief beneficiaries of so-called neoliberalism and the suite of political changes it brought beginning in the late 1970s - deregulation, weaker protection for unions, the shareholder value movement, and the subsequent inflation of executive compensation.
Capitalism or market economy is that system of social cooperation and division of labor that is based on private ownership of the means of production.
The simple truth is that our businessmen do not want a government that will let business alone. They want a government they can use.
Redistribution divided society into two social classes: the beneficiaries of transfer, who are calling for ever more; and the victims, who submit unwillingly. It could hardly fail to injure social peace and harmony.
The country - or the government - is headed for bankruptcy. So we're going to be continuing to speak out against corporate welfare as something that hurts everybody except those direct beneficiaries.
Under government ownership corruption can flourish just as rankly as under private ownership.
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