Monday, November 18, 2013

Henry Wallace's Words of Wisdom

Henry Wallace was a farmer-intellectual who was also FDR's vice president from 1941-45. He'd previously served as Secretary of Agriculture, in which role Wallace implemented a variety of New Deal programs. He was an interesting character, and I think Wallace was spot-on with this:
"Probably the most damaging indictment that can be made of the capitalistic system is the way in which its emphasis on unfettered individualism results in exploitation of natural resources in a manner to destroy the physical foundations of national longevity."

No comments:

Post a Comment

Thanks for your thoughtful comments.