First let us ask whether our wealth-creating agencies, particular that of industry, are to be based upon private enterprise of policy management. I can not see how any intelligent observer can have any possible faith in the capacity of political management to provide either stability or progress if it should set out to operate the agencies of wealth creation, particularly industry. It is my firm conviction that any form of 'Government Regulation of Business' is bound to result in an ever-increasing interference with the broad exercise of initiative - the very foundation of the American system. That is the natural evolution of bureaucracy. If that be so, might not the ultimate logical result be the necessity for the socialization of industry through the break down of the profit system induced by the accumulative effect of the ever-increasing political management. We do not need to go far afield to see definite evidences of that possibility.
Alfred P. SloanRelated topics
ask bound break business definite evolution faith far form government industry initiative interference might natural necessity need observer possibility possible profit regulation result see set should stability ultimate wealth socializationRelated quotes
We often hear it said in this country, and the words have a familiar smack about them, that what is wanted is a period of either firm or strong government [for India]. It is very difficult to define what is meant by that, but, assuming for a moment that we are in agreement as to what it means, I would say this. That is perfectly possible, but you can only hope to succeed on that policy alone on two assumptions; I am coming to the history in a moment. Those two assumptions are, first, unanimity among the political parties at home, and, secondly, continuity of policy. It was because both these preliminary necessities were absent in the case of Ireland that the Irish question went on, as it did, for a generation, and culminated, as it did, between the alternatives of complete surrender or war. Opinions differ as to the solution that was chosen. I, as a member of the Government at the time, supported the solution of surrender. I did not like it at the time, but I did it from conviction.
Stanley Baldwin
The main burden of local defense against local attack, subversion, insurrection or guerrilla warfare must of necessity rest with local forces. Where these forces have the necessary will and capacity to cope with such threats, our intervention is rarely necessary or helpful. Where the will is present and only capacity is lacking, our Military Assistance Program can be of help. But this program, like economic assistance, needs a new emphasis. It cannot be extended without regard to the social, political and military reforms essential to internal respect and stability. The equipment and training provided must be tailored to legitimate local needs and to our own foreign and military policies, not to our supply of military stocks or a local leader's desire for military display. And military assistance can, in addition to its military purposes, make a contribution to economic progress, as do our own Army Engineers.
John F. Kennedy
The "Second System Effect":
An architect's first work is apt to be spare and clean. He knows he doesn't know what he's doing, so he does it carefully and with great restraint.
As he designs the first work, frill after frill and embellishment after embellishment occur to him. These get stored away to be used "next time.” Sooner or later the first system is finished, and the architect, with firm confidence and a demonstrated mastery of that class of systems, is ready to build a second system.
This second is the most dangerous system a man ever designs. When he does his third and later ones, his prior experiences will confirm each other as to the general characteristics of such systems, and their differences will identify those parts of his experience that are particular and not generalizable.
The general tendency is to over-design the second system, using all the ideas and frills that were cautiously sidetracked on the first one. The result, as Ovid says, is a "big pile."
Fred Brooks
The principal contradiction within capitalism from the outset was that between the capitalists and the workers. To keep their system going, the capitalists had constantly to step up the rate of exploitation of their workers. At the same time, European workers were gaining increasing mastery over the means of production in the factories and mines, and they were learning to work collectively in big enterprises and within their own trade union structures. If the bourgeoisie continued to deprive them of the major part of the fruits of their own labor and to oppress them socially and politically, then those two classes were set on a collision path. Ever since the mid-nineteenth century, Marx had predicted class collision would come in the form of revolution in which workers would emerge victorious. The capitalists were terribly afraid of that possibility, knowing full well that they themselves had seized power from the feudal landlord class by means of revolution.
Walter Rodney
... Marx and Bakunin were engaged in a conflict in which it is hard to distinguish political from personal animosities. Marx did his best to persuade everybody that Bakunin was only using the International for his private ends, and in March 1870 he circulated a confidential letter to this effect. He also saw the hand of Bakunin (whom he never met after 1864) on every occasion when his own policies were opposed in the International. Bakunin, for his part, not only combated Marx's political programme but, as he often wrote, regarded Marx as a disloyal, revengeful man, obsessed with power and determined to impose his own despotic authority on the whole revolutionary movement. Marx, he said, had all the merits and defects of the Jewish character; he was highly intelligent and deeply read, but an inveterate doctrinaire and fantastically vain, an intriguer and morbidly envious of all who, like Lassalle, had cut a more important figure than himself in public life. (pp. 247-8)
Leszek Kołakowski