- You cannot bring about prosperity by discouraging thrift.
- You cannot strengthen the weak by weakening the strong.
- You cannot strengthen the weak by weakening the strong.
- You cannot lift the wage earner by pulling down the wage payer.
- You cannot help the poor by destroying the rich.
- You cannot establish sound security on borrowed money.
- You cannot further the brotherhood of man by inciting class hatred.
- You cannot keep out of trouble by spending more than you earn.
- You cannot build character and courage by destroying men's initiative and independence.
- And you cannot help men permanently by doing for them what they can and should do for themselves.
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Thursday, December 6, 2012
The Ten Cannots According To Capitalists
The following list of "cannots" for a society to be successful as viewed by paleo-capitalists was composed by one William J.H. Boetcker, a Presbyterian minister and minor celebrity of his age (1873-1962), not to mention capitalist hack. I come off here as a bit hostile to capitalism, an economic system to which I feel mostly ambivalent but certainly believe it is superior to any available alternative from the marketplace of economic ideas currently in the world. I would add that while a very insightful list that is mostly accurate I would add there are always going to be exceptions to what Boetcker claims below but most of his observations are accurate most of the time, over-simplications and distortions notwithstanding. It is worth noting that the Administration currently in power in the United States White House is most decidedly anti-Capitalist even while people like President Obama are quintessential Limousine Liberals.
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