Nor do I understand how anyone can feel that industrial progress has been made at the expense of social progress nor why any American should suffer from the great delusion that any form of communism or statism, which promotes the dictatorship of the few instead of the initiative of the millions, can produce a happier and more prosperous society.

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For years I thought that what was good for our country was good for General Motors, and vice versa. The difference did not exist. Our company is too big. It goes with the welfare of the country. Our contribution to the nation is considerable.