When we were told that by freedom we understood free enterprise, we did very little to dispel this monstrous falsehood. Wealth and economic well-being, we have asserted, are the fruits of freedom, while we should have been the first to know that this kind of ''happiness'' has been an unmixed blessing only in this country, and it is a minor blessing compared with the truly political freedoms, such as freedom of speech and thought, of assembly and association, even under the best conditions.
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Free enterprise is not a bad idea and has produced art.
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A free-enterprise economy depends only on markets, and according to the most advanced mathematical macroeconomic theory, markets depend only on moods: specifically, the mood of the men in the pinstripes, also known as the Boys on the Street. When the Boys are in a good mood, the market thrives; when they get scared or sullen, it is time for each one of us to look into the retail apple business.
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When we were told that by freedom we understood free enterprise, we did very little to dispel this monstrous falsehood.... Wealth and economic...
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When we were told that by freedom we understood free enterprise, we did very little to dispel this monstrous falsehood. Wealth and economic well-being, we have asserted, are the fruits of freedom, while we should have been the first to know that this kind of happiness has been an unmixed blessing only in this country, and it is a minor blessing compared with the truly political freedoms, such as freedom of speech and thought, of assembly and association, even under the best conditions.
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That's free enterprise, friends: freedom to gamble, freedom to lose. And the great thing -- the truly democratic thing about it -- is that you don't even have to be a player to lose.
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It's free enterprise. C'mon, bring your best stuff.
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