Sunday, 10 June 2012

Vox Unpopuli

"If it is suggested that Capitalism to be satisfactory must honour the bill for any stupidity which any parliament cares to devise, find the money at the moment when it is required, and still be able to prosper and provide the maximum standard of comfort for everyone, then some credence might be attached, but even then very little, to the outrageous theory of the failure of Capitalism.

Considered from the other and saner point of view, it becomes apparent that the triumphs and successes of Capitalism are immeasurably greater than is commonly supposed. The imagination boggles at the thought of the wealth and the comfort which might now be available for all if the money squandered by irresponsible and incompetent agents of the State had been left, like the smaller sums of half a century ago, to fructify in the pockets of the people."

Sir Ernest J. P. Benn - 'Honest Doubt' (1932)

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