The Tendency Of Welfare Spending

The Capitalist System Has Lifted Mankind Out Of Mass Poverty. It Is This System That In The Last Century, In The Last Generation, Even In The Last Decade, Has Acceleratively Been Changing The Face Of The World, And Has Provided The Masses Of Mankind With Amenities That Even Kings Did Not Possess Or Imagine A Few Generations Ago.

There Can Be Little Doubt That Many Egalitarians Are Motivated At Least Partly By Envy.

Government-to-government Aid Rests On Socialistic Assumptions And Promotes Socialism And Stagnation, Whereas Private Foreign Investment Rest On Capitalist Assumptions And Promotes Private Enterprise And Maximum Economic Growth.

No Matter Whether It Is Their Intention Or Not, Almost Anything That The Rich Can Legally Do Tends To Help The Poor. The Spending Of The Rich Gives Employment To The Poor. But The Saving Of The Rich, And Their Investment Of These Savings In The Means Of Production, Gives Just As Much Employment, And In Addition Makes That Employment Constantly More Productive And More Highly Paid, While It Also Constantly Increases And Cheapens The Production Of Necessities And Amenities For The Masses.

The More Things A Government Undertakes To Do, The Fewer Things It Can Do Completely. When The Government Tries To Do Everything It Must Do Everything Badly.