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The philosophers of industrialism, from bacon to bentham, from smith to marx, insisted that the improvement of man's condition was the highest requirement of morality. but in what did the improvement consist? the answer seemed so obvious to them that they did not bother to justify it: the expansion and fulfillment of the material wants of man, and the spread of these benefits, from the few who had once preempted them, to the many who had so long lived on the scraps dives had thrown into the gutter.
Unfortunately, once an economy is geared to expansion, the means rapidly turn into an end and "the going becomes the goal."
The close relationship between railroad expansion and the genera development and prosperity of the country is nowhere brought more distinctly into relief than in connection with the construction of the pacific railroads.
Since the state necessarily lives by the compulsory confiscation of private capital, and since its expansion necessarily involves ever-greater incursions on private individuals and private enterprise, we must assert that the state is profoundly and inherently anti-capitalist .
Monetary expansion is a massive scheme of hidden redistribution.
When great nations fear to expand, shrink from expansion, it is because their greatness is coming to an end. are we, still in the prime of our lusty youth, still at the beginning of our glorious manhood, to sit down among the outworn people, to take our place with the weak and the craven? a thousand times no!
One day, because they realize for some reason or other that they must stop credit expansion, the banks do stop creating new credit to lend. then the firms that have expanded cannot get credit to pay for the factors of production necessary for the completion of the investment projects which they have already committed themselves. because they cannot pay their bills, they sell off their inventories cheap. then comes the panic, the breakdown. and the depression starts.
Credit expansion can bring about a temporary boom. but such a fictitious prosperity must end in a general depression of trade, a slump.
The final outcome of the credit expansion is general impoverishment.
Depression is the aftermath of credit expansion.
The more ignoble i find life, the more strongly i react by contradiction, in humour and in an outburst of liberty and expansion.
The great cognitive shift is an expansion of consciousness from the perspectival form contained in the lives of particular creatures to an objective, world-encompassing form that exists both individually and intersubjectively. it was originally a biological evolutionary process, and in our species it has become a collective cultural process as well. each of our lives is a part of the lengthy process of the universe gradually waking up and becoming aware of itself.
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