The Businessman Is Only Tolerable So Long

The Social Object Of Skilled Investment Should Be To Defeat The Dark Forces Of Time And Ignorance Which Envelope Our Future.

Thus, The Weight Of My Criticism Is Directed Against The Inadequacy Of The Theoretical Foundations Of The Laissez-faire Doctrine Upon Which I Was Brought Up And For Many Years I Taught

It Would Not Be Foolish To Contemplate The Possibility Of A Far Greater Progress Still.

In This Autumn Of 1919, In Which I Write, We Are At The Dead Season Of Our Fortunes.

It Is Not The Ownership Of The Instruments Of Production Which It Is Important For The State To Assume. If The State Is Able To Determine The Aggregate Amount Of Resources Devoted To Augmenting The Instruments And The Basic Rate Of Reward To Those Who Own Them, It Will Have Accomplished All That Is Necessary. Moreover, The Necessary Measures Of Socialization Can Be Introduced Gradually And Without A Break In The General Traditions Of Society.