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Wealth Virtues Journal: July 24, 2011

The Basis of U.S. Wealth: Observations from the mid- 19th and 20th Centuries

Filed under: American Wealth — Tags: , , , , — James Ward @ 12:01 am
© 2009 Poor Richard Web Press, LLC

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The U.S. ConstitutionTo start – the United States’ form of governance embodied in the U.S. Constitution is not perfect, but it is the best the world has ever or will ever see.

That being said, the fact that socialist ideology has been seeping into our current government where the Founding Fathers’ practice and promotion of individual achievement and the benefit it provides to society is being replaced by the philosophy of “from each according to his ability, to each according to his need.” The fear perpetrated by the current socialist thought of a larger government through increased taxes and increased dependency to increase our national debt in infectious. It is always the tactic of the tyrant to spread fear to ensure that a central government maintains control.

It is the balanced partnership between the government of the Republic and private industry that put man on the moon, built space stations, and won wars. With all of that came new innovations because of government willingness to provide a level playing field to allow for both individual achievement as well as individual failure. Most successful individuals have experience the latter to achieve the former.

However, when the government turns against those who have used the freedoms guaranteed in the U.S. Constitution to create wealth and provide employment for millions, it is to the detriment of our Republic. By the way, many Americans do not understand the difference between a Republic and a Democracy. Yes, both have free elections, but in a Democracy, the Majority is unlimited, lacking any legal safeguard of the rights of The Individual and The Minority. It is simply, majority over man. In a Republic, The Majority is limited under a written Constitution safeguarding the rights of The Individual and The Minority. The United States was founded as, and hopefully will remain, a Republic.

Look at the modern rhetoric, and you will hear the socialist voice ring out to the historical detriment of any 20th and early 21st century society:

“Comrades! We must abolish the cult of the individual decisively, once and for all.” — Soviet Premier Nikita S. Khrushchev, addressing the 20th Congress of the Soviet Communist Party

“The unity of a nation’s spirit and will are worth far more than the freedom of the spirit and will of an individual; and that the higher interests involved in the life of the whole must here set the limits and lay down the duties of the interests of the individual.” — Adolph Hitler

“We need to stop worrying about the rights of the individual and start worrying about what is best for society.” — Hillary Clinton

“…we understand only the individual’s capacity to make sacrifices for the community, for his fellow men.” — Adolf Hitler

“To be a socialist is to submit the “I” to the “thou”; socialism is sacrificing the individual to the whole.” — Joseph Goebbels, Minister of Propaganda, National Socialist German Workers’ (“Nazi”) Party

The quotes above are not to imply that Secretary of State Clinton is a Fascist or Communist, but rather that the ideology of the socialist left in America, under the guise of helping those who they feel deserve a “fair share,” help push a country into mediocrity or worse.

[Please also don’t comment to me that I may have taken then Senator Clinton’s comments out of context unless you are prepared to say the same about the quotes from Hitler and Goebbels.]

These people need to listen to Alexis de Tocqueville, who stated, “Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.” If that quote from the 19th Century French author who traveled to and observed America in 1831 doesn’t ring true for you today, then perhaps this one will, where Tocqueville states, “The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.”

Socialism is akin to employing a seasoned prostitute. You will pay your fare share, and receive the same as those that went before you. In the end, all the followers get and spread the same disease.

If you don’t think that Americans in previous generations have been concerned about the seduction of Socialism, take a look at this nicely balanced cartoon from 1948.  Sorry Liberals; this was made 60 years before the current Tea Party movement and 165 after the Original Tea Party movement in Boston, and only three years after the defeat of one -ism and the start of a long cold war with another…both which, of course, failed.

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