What would your life be like without a social model that accumulates wealth massively, then disburses it, usually by the third or fourth generation, (but usually sooner), under the principles espoused by Thomas Mann’s “Buddenbrooks dynamics”? Or Schumpeter’s “creative destruction of capital” ?
What would your life be like without a social model that accumulates wealth massively, then disburses it, usually by the third or fourth generation, (but usually sooner), under the principles espoused by Thomas Mann’s “Buddenbrooks dynamics”? Or Schumpeter’s “creative destruction of capital” ?
And all done with no “transportation tax” through Washington?
No Rockefeller funding startup money for the University of Chicago, Rockefeller Institute, Williamsburg, the national parks, or Spelman College, or Eastman’s wealth for MIT, or Sloan’s money for Sloan-Kettering, and MIT, or Stanford’s money for Stanford, or Cornell’s for Cornell, or Bloomberg’s money for Johns Hopkins, and black medical schools, or Langone’s for NYU Med. Or Henry and Edsel Ford’s Ford Foundation? Or the Cecil Rhodes Trust? Or what Gates and Buffet are currently doing?
As John D Rockefeller noted, “I am convinced that by the grace of God, I have been endowed with a gift to make money. And so shall I use this gift to make money, and make more money, so I can spend this money to benefit my fellow man, as I see fit”.
The fact that those funds exist proves the point that this is no Marxist nation, not even close. You left out Mercer and Mellon's money for lunatic causes, Uehlines for fighting against gun control, Barre Seid's $1.6 billion for crazy Catholic fanatic Leonard Leo to buy the Supreme Court ...
Agreed. The capitalist model, while not without its failings, has worked far better for the greater good than any alternative. But Harris - Walz socialist model will put us squarely on the path or directly into a dysfunctional neo-Marxist autocratic model. At best, that might further devolve into a Owen model, or a Oneida one, neither of which worked. Or perhaps like Cuba and Venezuela, which have turned out to be latter day successors to the Southern plantation antebellum slave model. Many of us, though, have been there, done that, and don’t need to an encore performance.
Remember, though, that Andrew Mellon’s money coupled with Carnegie’s was the basis of Carnegie Mellon. And Carnegie did lots of other stuff (as in libraries), as did Alfred Nobel. Then there were outfits like Bell Labs, funded by sanctioned monopolies, from which came the transistor, the microchip, satellite communications, and the Big Bang.
Suppose all the wealth accumulated had been divided equally along socialist lines among the masses. The vast majority of great research universities and hospitals simply would not exist today — just Federally funded mediocrity, with a handful of standout initiatives like DARPA, the Internet, and some of the land grant colleges (including MIT, Cornell, Purdue, and Cal Davis).
What would your life be like without a social model that accumulates wealth massively, then disburses it, usually by the third or fourth generation, (but usually sooner), under the principles espoused by Thomas Mann’s “Buddenbrooks dynamics”? Or Schumpeter’s “creative destruction of capital” ?
And all done with no “transportation tax” through Washington?
No Rockefeller funding startup money for the University of Chicago, Rockefeller Institute, Williamsburg, the national parks, or Spelman College, or Eastman’s wealth for MIT, or Sloan’s money for Sloan-Kettering, and MIT, or Stanford’s money for Stanford, or Cornell’s for Cornell, or Bloomberg’s money for Johns Hopkins, and black medical schools, or Langone’s for NYU Med. Or Henry and Edsel Ford’s Ford Foundation? Or the Cecil Rhodes Trust? Or what Gates and Buffet are currently doing?
As John D Rockefeller noted, “I am convinced that by the grace of God, I have been endowed with a gift to make money. And so shall I use this gift to make money, and make more money, so I can spend this money to benefit my fellow man, as I see fit”.
That’s trickle down.
The fact that those funds exist proves the point that this is no Marxist nation, not even close. You left out Mercer and Mellon's money for lunatic causes, Uehlines for fighting against gun control, Barre Seid's $1.6 billion for crazy Catholic fanatic Leonard Leo to buy the Supreme Court ...
Agreed. The capitalist model, while not without its failings, has worked far better for the greater good than any alternative. But Harris - Walz socialist model will put us squarely on the path or directly into a dysfunctional neo-Marxist autocratic model. At best, that might further devolve into a Owen model, or a Oneida one, neither of which worked. Or perhaps like Cuba and Venezuela, which have turned out to be latter day successors to the Southern plantation antebellum slave model. Many of us, though, have been there, done that, and don’t need to an encore performance.
Remember, though, that Andrew Mellon’s money coupled with Carnegie’s was the basis of Carnegie Mellon. And Carnegie did lots of other stuff (as in libraries), as did Alfred Nobel. Then there were outfits like Bell Labs, funded by sanctioned monopolies, from which came the transistor, the microchip, satellite communications, and the Big Bang.
Suppose all the wealth accumulated had been divided equally along socialist lines among the masses. The vast majority of great research universities and hospitals simply would not exist today — just Federally funded mediocrity, with a handful of standout initiatives like DARPA, the Internet, and some of the land grant colleges (including MIT, Cornell, Purdue, and Cal Davis).