A Quote by Louis D. Brandeis
Ownership has been separated from control; and this separation has removed many of the checks which formerly operated to curb the misuse of wealth and power.
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The term "state socialism" is not precise. Under this term many understand an order under which a certain part of the wealth, sometimes a quite considerable part, passes into state ownership or under its control while in the great majority of cases the ownership of plants, factories, and land, remains in private hands.
Capital movements are no longer necessarily related to the production of goods and services. Through the financial markets of the world, capital movements today are overwhelmingly concerned with the capture of and trade in property rights, the ownership of assets that magnify a corporation's wealth, power, and control. It is what John Maynard Keynes described as "a casino world"-wealth without worth.
Economic control is not merely control of a sector of human life which can be separated from the rest; it is the control of the means for all our ends. And whoever has sole control of the means must also determine which ends are to be served, which values are to be rates higher and which lower, in short, what men should believe and strive for.
Just as children, step by step, must separate from their parents, we will have to separate from them. And we will probably suffer...from some degree of separation anxiety: because separation ends sweet symbiosis. Because separation reduces our power and control. Because separation makes us feel less needed, less important. And because separation exposes our children to danger.
Those who want to "spread the wealth" almost invariably seek to concentrate the power. It happens too often, and in too many different countries around the world, to be a coincidence. Which is more dangerous, inequalities of wealth or concentrations of power?
The reason why the world's leftists give the world' s most horrible murderers a pass is because they sympathize with their socioeconomic goals, which include government ownership and/or control over the means of production. In the U.S., the call is for government control, through regulations, as opposed to ownership.
When all government ...in little as in great things... shall be drawn to Washington as the center of all power; it will render powerless the checks provided of one government on another, and will become as venal and oppressive as the government from which we separated.
We removed wealth tax in the 1991 budget. That is one way in which the children of those who had wealth could put money honestly into their enterprises.
This Constitutional Republic called America is an historic aberration. Any honest student of history will note that the prevailing socio-economic system is feudalism, where a tiny minority control the vast majority of wealth, power, and resources. In doing so, they have absolute control over the 99% of the population. Power equals control.
The basic premise of the Constitution was a separation of powers and a system of checks and balances because man was perceived as a fallen creature and would always yearn for more power.
We've been following many forms of democratized ownership, starting with co-ops, land banks at the neighborhood level, municipal ownership and state ownership of banks - there's a whole series of these that attempt to fill the small-scale infrastructure that can build up to a larger theoretical vision.
To control the production of wealth is to control human life itself. To refuse man the opportunity for the production of wealth is to refuse him the opportunity for life; and, in general, the way in which the production of wealth is by law permitted is the only way in which the citizens can legally exist.
In our time, in particular, there exists another form of ownership which is becoming no less important than land: the possession of know-how, technology and skill. The wealth of the industrialized nations is based much more on this kind of ownership than on natural resources.
Power from any source tends to create an appetite for additional power. It was almost inevitable that the super-rich would one day aspire to control not only their own wealth, but the wealth of the whole world. To achieve this, they were perfectly willing to feed the ambitions of the power-hungry political conspirators who were committed to the overthrow of all existing governments and the establishment of a central worldwide dictatorship.
Monopolistic capitalism is to blame for this; it sunders the right to own property from responsibility that owning property involves. Those who own only a few stocks have no practical control of any industry. They vote by postcard proxy, but they have rarely even seen "their" company. The two elements which ought to be inextricably joined in any true conception of private property - ownership and responsibility - are separated. Those who own do not manage; those who manage; those who manage and work do not control or own.
We reject segregation even more militantly than you say you do! We want separation, which is not the same! The Honorable Elijah Muhammad teaches us that segregation is when your life and liberty are controlled, regulated, by someone else. To segregate means to control. Segregation is that which is forced upon inferiors by superiors. But separation is that which is done voluntarily, by two equals - for the good of both!
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