Under Capitalism Everybody Is The

Government Spending Cannot Create Additional Jobs. If The Government Provides The Funds Required By Taxing The Citizens Or By Borrowing From The Public, It Abolishes On The One Hand As Many Jobs As It Creates On The Other.

The Advocates Of Public Control Cannot Do Without Inflation. They Need It In Order To Finance Their Policy Of Reckless Spending And Of Lavishly Subsidizing And Bribing The Voters.

The Capitalist System, In Spite Of All Obstacles Put In Its Way By Governments And Politicians, Has Raised The Standard Of Living Of The Masses In An Unprecedented Way.

Many Pioneers Of These Industrial Changes, It Is True, Became Rich. But They Acquired Their Wealth By Supplying The Public With Motor Cars, Airplanes, Radio Sets, Refrigerators, Moving And Talking Pictures, And Variety Of Less Spectacular But No Less Useful Innovations. These New Products Were Certainly Not An Achievement Of Offices And Bureaucrats.

It Is Solely Bigness In Business Which Makes It Possible To Supply The Masses With All Those Products The Present-day American Common Man Does Not Want To Do Without. Luxury Goods For The Few Can Be Produced In Small Shops. Luxury Goods For The Many Require Big Business.