From the New Prologue
The United States over the last decade has witnessed a classic confrontation between the forces of entrepreneurial capitalism and those of established institutions claiming a higher virtue, expertise, and political standing. One side subsists on unforced profits of enterprise; the other on rents and tolls and privileges at the Treasury, the Federal Reserve, and the White House.
&hellp;The wealth of America is not an inventory of goods; it is an organic living entity, a fragile pulsing fabric of ideas, expectations, loyalties, moral commitments, and visions. To vivisect it for redistribution is to kill it. As President Mitterand’s French technocrats discovered in the 1980s, and President Obama’s quixotic American ecocrats are discovering today, government managers of complex systems of wealth soon find they are administering an industrial corpse, a socialized Solyndra.
From the New Prologue
The United States over the last decade has witnessed a classic confrontation between the forces of entrepreneurial capitalism and those of established institutions claiming a higher virtue, expertise, and political standing. One side subsists on unforced profits of enterprise; the other on rents and tolls and privileges at the Treasury, the Federal Reserve, and the White House.
&hellp;The wealth of America is not an inventory of goods; it is an organic living entity, a fragile pulsing fabric of ideas, expectations, loyalties, moral commitments, and visions. To vivisect it for redistribution is to kill it. As President Mitterand’s French technocrats discovered in the 1980s, and President Obama’s quixotic American ecocrats are discovering today, government managers of complex systems of wealth soon find they are administering an industrial corpse, a socialized Solyndra.
Wealth and Poverty: A New Edition for the Twenty-First Century
256
Wealth and Poverty: A New Edition for the Twenty-First Century
256Hardcover(Second Edition)
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Product Details
| ISBN-13: | 9781596988095 |
|---|---|
| Publisher: | Skyhorse Publishing |
| Publication date: | 08/21/2012 |
| Edition description: | Second Edition |
| Pages: | 256 |
| Sales rank: | 167,337 |
| Product dimensions: | 6.20(w) x 9.10(h) x 1.60(d) |
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