Secondly, American wealth has been shared with the world. That idea is still so strange that the meaning of simple words needs to be emphasized. Never before in the history of mankind has one rich nation literally shared its wealth with others. In World War I we made very large loans to our associates, which afterwards we expected them to repay only in part, but which they nevertheless repudiated, not because they couldn't pay, but because it was too hard to pay and because the Americans were already too rich
And by the end of 1950, Western Europe's productive power not only had been fully restored, it was 30% greater than before the war that was sharing. Never had such a thing happened or been imagined before in this world. Nevertheless, a shrill socialist wind from Great Britain says now you are guilty of hypocrisy. It is not for the sake of the world you do it. It is for your own sake
Even though they think they mean what they say, it is not possible that their insatiable economy to go on expanding demands the military stimulus. The question may give Americans a good deal of prayerful thought as a peaceful, loving people. We do have a terrific war history. One world war to make the world safe for democracy soon another one much more terrible to kill the aggressor everywhere, forever. And now a defense of the whole free world, which means it impossible for us to stay out of war anywhere
Swell Team
@Swell · 0:15
To a nation that is incredibly, for all the rest of the world a charitable organization. This we forget and say instead, here, here is wisdom from the east. The Arab continues that as it contemplates the values of the west. Asia, if I must be frank with you, is not impressed. In fact, despite all her darkness and misery, asia can still do better. Well, these Americans have not swallowed the sun. The Asians have exactly as much of it as we have
But why should we be so tender minded about it? Why do we suffer the sensorious opinions of the world to be as sackcloth on our skin and ashes on our forehead? Why must we accept the expectations of other people as the measure of our obligation to them? It was not always so. Since Washington. Until this generation. Europe was old world and America was New world
And Frederick Hayek is probably right when he says that socialism has never and nowhere been at first a working class movement. In every case historically, it has been first a movement in the minds of the intellectuals. The first great turning was accomplished with the ease of a pullman train passing from one track to another over a split point switch. The landscape hardly changed at all for a while. And then gradually, when people found themselves in a new political region, there was no turning back