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(Love, Freedom, Electric) '..the system of free enterprise for profit .. has not yet been tried.' - Franklin Delano Roosevelt

Posted by ProjectC 
'Very few things happen at the right time, and the rest do not happen at all. The conscientious historian will correct these defects.'

- Herodotus (Overview Project C)



'As President Franklin Roosevelt [1882–1945] said, capitalism has never been really tried.'

- Ludwig von Mises, Marxism Unmasked [1] page 98



- The Electric Universe -

A Future of Peace and Love

'..where we learn the Art of Being Human.'




Context: '..an increase of loving wisdom and reverence..'

'..completely underestimated human ingenuity and the power of the free market.'

'The Great Depression was a failure not of capitalism but of the hyperactive state.'

World War I - 'Debt was the economic terror of the world when the war ended..'


'..crisis of 1900.' - 'Since the beginning of the last century..' - 'The goal is liberty.'

Liberty - '..tyranny, the great and eternal foe of mankind.'

Christianity, Islam – 'The Principles of the Laws Protection of..' '..Discovery of the Self'


'Ethical problems of production .. the production of money.'

'..the ballooning of outstanding public debt..' - Jean-Claude Trichet

The Austrian School; Fear the Boom, not the Bust - Critique of Marxism



Notes

[1] 'A program whose basic thesis is, not that the system of free enterprise for profit has failed in this generation, but that it has not yet been tried.'

- Franklin Delano Roosevelt

As quoted in Chapter 1, Friedrich A. Hayek, The Road to Serfdom (Chicago: University of Chicago Press, 1944), p. 10.—Ed.

http://fee.org/pdf/books/MarxismUnmasked.pdf