Saturday, December 03, 2005

Capitalism in a Federalist government

Capitalism is the engine toward middle class prosperity.
'Ambition must be made to counteract ambition. The interest of the man must be connected with the constitutional rights of the place. It may be a reflection on human nature, that such devices should be necessary to control the abuses of government. But what is government itself, but the greatest of all reflections on human nature? If men were angels, no government would be necessary. If angels were to govern men, neither external nor internal controls on government would be necessary. In framing a government which is to be administered by men over men, the great difficulty lies in this: you must first enable the government to control the governed; and in the next place oblige it to control itself.'
The Federalist No.51, 1787-1788. The Structure of the Government Must Furnish the Proper Checks and Balances Between the Different Departments
For a nation to feel progressive and prosperous, majority of individuals living in the nation, must be economically middle class in thought and action.
A Capitalistic mind is the engine toward middle class prosperity.
A Capitalistic mind think of profitability not money or asset accumulation.

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