Excerpt from The Dollar Is Still a Dollar: And Other Interesting Essays
The whole trouble lies in the fact that the beast has pushed prices up on the things he controls and can control, and so the dollar buys less and less of these, in proportion as the greed of the beast for gain has grown sharper. The blindness of the beast lies in the fact that his gain is his loss, for in exact ratio to his gain is the loss in the buying power of the general pub lie, for what this public cannot buy, the beast cannot sell! In other words, the beast weakens his selling power in exactratio to what the people lose in their buying power, and therefore their ability to con sume the things the beast has for sale! And yet, the whole world is on its knees worshipping the beast! Could there be anything more suicidal or ridiculous? And wise editors of papers take a kind of special pride in praising the beast of organized capital, and laws are passed for his special protection!
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