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Quote by Peter S. Grosscup

“The institution of private property... is undergoing, at this time, a strain never put on it before. Not because the corporation, in essence, is retrogressive or unrepublican, but because in fact, it is unrepublican, and for that reason retrogressive also.”

Quote by Peter S. Grosscup

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Peter S. Grosscup

Peter S. Grosscup, an individual active in the late 19th and early 20th centuries. His specific occupation and category are unknown. more

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“The effect of the corporation, under the prevailing policy of the free, go-as-you-please method of organization and management, has been to drive the bulk of our people, other than farmers, out of property ownership; and, if allowed to go on as present, it will keep them out... The paramount problem is not how to stop the growth of property, and the building up of wealth, but how to manage it so that every species of property, like a healthy growing tree will spread its roots deeply and widely in the soil of a popular proprietorship.”

PeopleIfsHas BeensProblemPoliticsGrowthWealthEconomyGrowingTreeEffectsPolicyBuildingGoes OnPleaseHealthyRootsOrganizationManagementMethodPropertySpeciesSpreadManageCorporationsSoilLiberalismFarmersOwnershipPrevailingParamountBuilding UpProperty OwnershipGrowing Tree
Author:Peter S. Grosscup
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“The paramount problem... is how to make this new form of property ownership a workable agent toward repeopleizing the proprietorship of the country's industries. Open to the wage-earner of the country the road to proprietorship... not as a gratuity, but as their proper allotment out of the combined forces that have made the enterprise successful.”

MadeCountryProblemFormPoliticsForceEconomySuccessfulIndustryPropertyAgentsLiberalismEnterpriseOwnershipParamountAllotmentsProperty OwnershipGratuity
Author:Peter S. Grosscup
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“It is also true that the less possible it becomes for a man to acquire a new fortune, the more must the existing fortunes appear as privileges for which there is no justification. Policy is then certain to aim at taking these fortunes out of private hands, either by the slow process of heavy taxation of inheritance or by the quicker one of outright confiscation. A system based on private property and control of the means of production presupposes that such property and control can be acquired by any successful man.”

MenMeanHandsCertainPoliticsProcessEconomySuccessfulPolicyAimPropertyFortunePrivilegeProductionsHeavyLiberalismAcquireJustificationTaxationInheritancePrivate PropertySuccessful Man
Author:Friedrich August von Hayek
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“We preach free enterprise capitalism. We believe in it, we give our lives in war for it, but the closest most of us come to profiting from it are a few miserable shares of stock in a company that doesn't pay large enough dividends to keep a small mouse in cheese. The truth is, most of us are job serfs. At a time when invested capital returns 20 to 30 percent, we have no capital. We only have our wages and salaries, and a debt so high that something like 20c on every dollar we earn is spent to pay off what we owe.”

GivingBelieveWarEnoughWisdomJobsPoliticsPayCompanyEconomyOur LivesShareReturnTruth IsPercentCapitalismDollarsDebtMiserableLiberalismEnterpriseClosestCheeseMiceWagesSalaryDividendsFree EnterpriseSerfs
Book:Left at the post
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“Kelso's proposals do promise to free us from our morbid dependency on economic health through armament manufacture; they promise a way out of the welfare mess, out of foodstamps and ship subsidies, out of perpetual inflation, and they suggest a means of doing these things without being too disruptive of the wealth of five percent of the population who own the rest of us.”

WayMeanWisdomPoliticsWealthEconomyFiveEconomicPromisePercentPopulationShipsMessWelfareLiberalismPerpetualInflationProposalDependencyMorbidDisruptiveSubsidiesArmament
Author:Nicholas von Hoffman
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“Liberalism is a force truly of the spirit proceeding from the deep realization that economic freedom cannot be sacrificed if political freedom is to be preserved.”

IfsWisdomPoliticalSpiritPoliticsForceEconomyEconomicRealizationLiberalismProceedingEconomic FreedomPolitical FreedomRugged Individualism
Book:Herbert Hoover: Containing the Public Messages, Speeches, and Statements of the President
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