PREMIUM FEATURE
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" "While it must be admitted that the class of rich absentee owners or investors would doubtless be far less interested in industry if the profit motive were eliminated or subordinated, they represent the group that makes the smallest actual contribution to efficiency in industry.
Kirby Page (1890 – 1957) was an author, minister and peace activist who argued in favor of democratic socialism as integral to the Social Gospel.
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Even if the days of 1928 and early 1929 could be brought back again, the economic situation would be utterly indefensible on moral grounds. The greedy scramble for private gain and special privilege, the gambling spirit and the ruthless determination to gain wealth by means fair and foul, the callous indifference to how the other half lived or at most the throwing of a few crumbs of philanthropy, the bitter exploitation of the weak and the brutal suppression of the workers as they attempted to organize in defense of their minimum rights, the cruel assumption that there must always be a wide gulf between the rich and the poor, the willingness to send unnumbered victims to their doom on the battlefield in defense of vested interests—all these and countless other evils are inherent in the economic order which held sway in 1929. God forbid that we should have any desire to return to that living hell!