On the American Contribution

Sir Winston S Churchill

Format
Paperback
Publisher
Kessinger Publishing
Country
United States
Published
10 September 2010
Pages
42
ISBN
9781162677460

On the American Contribution

Sir Winston S Churchill

In America we succeeded in eliminating hereditary power, in obtaining a large measure of political liberty, only to see the rise of an economic power, and the consequent loss of economic liberty. The industrial development of the United States was of course a necessary and desirable thing, but the economic doctrine which formed the basis of American institutions proved to be unsuited to industrialism, and introduced unforeseen evils that were a serious menace to the Republic. An individualistic economic philosophy worked admirably while there was ample land for the pioneer, equality of opportunity to satisfy the individual initiative of the enterprising.

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