“Capitalism in the 19th century did not doom the worker to a life of perpetual poverty. Instead, they kept creating new and better-paying employments as the decades went by. They produced the wealth and rising income that resulted in the emergence of a phenomenon completely new to human history: a self-supporting and educated middle class that grew more and more as they lower classes bettered their economic well-being.” HumansWellsSelfWealthClassPovertyEconomicMiddleCenturyGrewCreatingCapitalismWorkersDecadesIncomeEducatedEmploymentWell BeingRisingMiddle ClassPhenomenonPerpetualHuman HistoryDoom19th CenturyEmergenceLower Class Author:Richard Ebeling
“The rationale for the vast network of government welfare programs as well as regulation and control over private enterprise is based on the socialist analysis of the market economy.” WellsGovernmentEconomyProgramWelfareAnalysisEnterpriseRegulationSocialistMarket EconomyRationalePrivate EnterpriseWelfare ProgramsGovernment Welfare Author:Richard Ebeling
