I am too sick to work and haven't money enough to last 2 months and pay income tax. I want to keep going but do not see quite how, and there is no al… - Rose Wilder Lane

In 1800, a prosperous year, the total income of Americans (called ‘the national income’) was something over 2 billion dollars, a fabulous amount then. Capitalists and landlords got 68%, farmers and laborers 32%. In 1930, of tragic memory, near the bottom of ‘the worst depression in history’, the incomes of all Americans amounted to roughly to 75 billion. Of this wage earners (who had increased in number 17%) got 64%+; entrepreneurs, 20%; capitalists and landlords the remaining 16%.

Freedom of enterprise CANNOT ‘produce a society in which there is great wealth concentrated in the hands of a few and considerable poverty among the many.’ Dr. Blake might as well ask, ‘What is our political and Christian duty when water runs uphill, when the earth turns from east to west, when air is heavier than lead?’ Doesn’t he know any facts at all? Does he never LOOK at his country? How can he avoid seeing, if he ever glances at any city, town, highway, or farm, that the salient characteristic of this country is distribution, not concentration, of wealth? Doesn’t he know that even ownership of capital wealth is not concentrated?—that, for example, some 600,000 ‘among the many’ own General Electric? What free enterprise produces most unexpectedly, is a society in which great economic responsibility is concentrated and great wealth is distributed among the many.

So far as is discernible to me, capitalism has no alter-ego, strictly speaking. In theory, capitalism is the economics of a society of free individuals. It rests upon the nature of man; this natural being, that each person is a source of human energy, a dynamo creating life energy, and self-controlling in action… I do not see how there can be an ‘alter-ego’ to this basic reality. One might as well say that there is an alter-ego to the fact that the earth is not flat.