My mother was given to a typical question: “We have always done this. Why should we do anything else?” But my wife’s typical question was “We have always done this. Why don’t we do it another way or, better still, why not do something else?”
I have long been profoundly convinced that in the very nature of things, employers and employees are partners, not enemies; that their interests are common not opposed; that in the long run the success of each is dependent upon the success of the other.
The ability to deal with people is as purchasable a commodity as sugar or coffee and I will pay more for that ability than for any other under the sun.
Taxation has its limitations as a method of achieving better economic distribution since for this purpose it is essentially remedial. We must also take a positive approach by finding new ways to spread ownership of future capital growth more broadly in our society.
I was born into it and there was nothing I could do about it. It was there, like air or food, or any other element. The only question with wealth is what you do with it.
