Spencer Heath Archive

Item 781

Random taping by Spencer MacCallum from conversation with Heath

March 1956

The beauty about corporate business is that each person is rewarded in exact proportion to his contribution. Each person is free to withdraw his contribution at any time. Also it is democratic, because policies are governed by the voters, who vote in proportion to their ownership in the corporation. They participate in proportion as they contribute. They follow their property right into the corporation. They avail themselves of skilled administrators. They enrich themselves by first enriching others — who in turn enrich them.

Spencer, it is for crying out loud to think what a marvelous productive, creative, spiritual power resides in the free enterprise system. And it is deplorable that so few are ravished by its beauty, and so many, through lack of understanding, are calling upon the war powers of the world to destroy it — to destroy the very divinity that blesses and prospers them.