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It's American capitalism. We just lost our way. "Servants, labourers and workmen of different kinds, make up the far greater part of every great political soci
by cmdrfred 10y ago
It's American capitalism. We just lost our way.
"Servants, labourers and workmen of different kinds, make up the far greater part of every great political society. But what improves the circumstances of the greater part can never be regarded as an inconvenience to the whole. No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable. It is but equity, besides, that they who feed, clothe, and lodge the whole body of the people, should have such a share of the produce of their own labour as to be themselves tolerably well fed, clothed and lodged." - Adam Smith
- grandalf 10y agoExactly, just as democracy is a way to maximize the power of the average person, capitalism is a way to maximize her economic freedom.