Spencer Heath Archive

Item 886

Pencil notes by Heath on lined, notepad paper at a seminar at the Foundation for Economic Education, Irvington, New York

June 19, 1957

Market economy based on private ownership and division of labor. The consumer is in control.

Buyers are not all consumers

Make them want it?

1. Capitalism  2. Socialism  3. Interventionism  /4./ New Deal -etc.

Differing from them as they do from each other.

Government must intervene — say all.

Something in BETWEEN — compromise

Monogamy — Polygamy.  Rigid discipline vs. Anarchy.

Male vs. Female.  Freedom vs. Coercion.

 

“Marginal productivity”

Coercive “bargaining”

Christianity is the religion of which socialism is the anti-Christ — The iron rule versus the Golden.

 

Free Enterprise    FOR WHAT?

Services  —  Individual  —  Community

    Private  —     Public

    Contractual —  Coercive

Why any of these

Can’t both be contractual

If so, o.k. but then,   For what?