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The Things That Are Caesar's Volume 20; A Defence of Wealth

The Things That Are Caesar's Volume 20; A Defence of Wealth


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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1920 Excerpt: ...by society, to that extent enlarges the productive capacity of human labor and increases the result of its exercise. These men whom we see around us, the owners and manufacturers of colossal capital, associated together in great corporations, undoubtedly have an illusion, at least some of them have, that they are working for themselves, but I have the satisfaction of knowing that they are chiefly working for their corporations and for their stockholders, but I, on behalf of the public, assert that in the main they have worked and are working for the public. While we see these men with colossal fortunes and managers of great associated capital, seeking to all human eyes their own selfish gain, there is a wise and beneficent overruling providence which directs events so that nearly all they do in lessen ing the costs of these services results not in enlarged profits to their companies and to themselves but in diminishing charges and so inures to the benefit of the masses of the people. It is not possible under natural laws that any but a comparatively inconsiderable share of the results of their planning, their efforts, their skill and their sacrifices, shall go anywhere else than to the benefaction of the general public. And even this comparatively small share which those who do the transportation for human society are able to receive as profits, so long as it is invested as active capital for doing the necessary and essential services in the work of transportation or otherwise, is by creating better machinery, better processes, and wider competition, all resulting in cheaper service to the public. When we come to the small fraction which the owners or managers of these great capitals are able to apply to their personal use, or to lay up for such use, the fi...


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Product Details
  • ISBN-13: 9781231291191
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 40
  • Spine Width: 2 mm
  • Width: 189 mm
  • ISBN-10: 1231291192
  • Publisher Date: 01 May 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 91 gr


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