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“The stock exchange is a poor substitute for the Holy Grail,” warned Schumpeter, who added that the middle class is “rationalist and unheroic.” In fact, middle class man “can only use rationalist and unheroic means to defend his position or to bend a nation to his will.” These are disturbing words for Americans, who are egalitarians to the core. The notion that “all men are created equal” is branded into our consciousness. But let us be honest for a moment. Men are hardly created equal in reality. If you factored in education and training, men would not long remain equal even if they were created so. Some are naturally gifted from childhood. Some benefit from hard training and long study. It used to be that aristocracy, under the best circumstances, was a training in leadership that would begin at infancy. What we are now left to is the training of opportunists by state functionaries.” — J.R.Nyquist

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The stock exchange is a poor substitute for the Holy Grail,” warned Schumpeter, who added that the middle class is “rationalist and unheroic.” In fact, middle class man “can only use rationalist and unheroic means to defend his position or to bend a nation to his will.” These are disturbing words for Americans, who are egalitarians to the core. The notion that “all men are created equal” is branded into our consciousness. But let us be honest for a moment. Men are hardly created equal in reality. If you factored in education and training, men would not long remain equal even if they were created so. Some are naturally gifted from childhood. Some benefit from hard training and long study. It used to be that aristocracy, under the best circumstances, was a training in leadership that would begin at infancy. What we are now left to is the training of opportunists by state functionaries.
— J.R.Nyquist