Quick Notes and Thoughts
Quotes from AE Clarkson in the context of labour and capital relations around the 1929 Depression.
These are culled from his notes. See “Published articles and speeches” for more insights.
Profit
Talk against profit is sheer nonsense. Profits are the reward of foresight and judgment or the intelligent taking of risk
Competition
Competition is an honest emulation resulting in improving products and production methods in the interest of progress which is the
Economics
Economic activity is only one sphere of human activity, there are other values, moral and mental of greater moment.
Work ethic
Our problem is that there are many that don’t want to work hard. The standard of work for the rich
Socialism
The basic idea of socialism is an attractive one; that the whole community should own the natural resources of the
