Why I Am Not a Socialist
Why I Am Not a Socialist
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In our eReader you can find the full English version of the book. Read Why I Am Not a Socialist Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Why I Am Not a Socialist
What reading level is Why I Am Not a Socialist book?
To quickly assess the difficulty of the text, read a short excerpt:
If, then, we can reduce risk — though we can never conceivably eliminate it — by keeping prices stable, by avoiding cycles of good and bad trade, by inter- national peace, by the spread of information, we can reduce profits. Nevertheless, even now and in normal times, I do not believe profits in themselves represent on the average more than a moderate percentage on the capital at risk.
I would add too, that, even if profits were to go to the State, profits there must be. At any rate I am not ab...le to conceive how a State undertaking would otherwise either meet the losses it would be bound from time to time to incur, or measure by any other means whether it were producing its products at a loss or a gain to the community. Profits normally earned are a measure of the economic utihty of the business in question to the community.
20 Why I am Not a Socialist.
Bureaucracy Begets the Unfit.
Again, I believe that State enterprise will generally involve an economic loss to the community, because it will be sheltered from the ruthlessness with which the system of private enterprise visits incompetence.
What to read after Why I Am Not a Socialist?
You can find similar books in the "Read Also" column, or choose other free books by Robert Henry Brand to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
If, then, we can reduce risk — though we can never conceivably eliminate it — by keeping prices stable, by avoiding cycles of good and bad trade, by inter- national peace, by the spread of information, we can reduce profits. Nevertheless, even now and in normal times, I do not believe profits in themselves represent on the average more than a moderate percentage on the capital at risk.
I would add too, that, even if profits were to go to the State, profits there must be. At any rate I am not ab...le to conceive how a State undertaking would otherwise either meet the losses it would be bound from time to time to incur, or measure by any other means whether it were producing its products at a loss or a gain to the community. Profits normally earned are a measure of the economic utihty of the business in question to the community.
20 Why I am Not a Socialist.
Bureaucracy Begets the Unfit.
Again, I believe that State enterprise will generally involve an economic loss to the community, because it will be sheltered from the ruthlessness with which the system of private enterprise visits incompetence.
What to read after Why I Am Not a Socialist?
You can find similar books in the "Read Also" column, or choose other free books by Robert Henry Brand to read onlineMoreLess
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