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Abraham Lincoln:

Warned About Corporations and the Concentration of Wealth

"I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. ... corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed."
Abraham Lincoln, Nov. 21, 1864 (Letter to Col. William F. Elkins)


 

Abe Lincoln Revisited:

Warns About the so-called:
American Institute for Economic Research (AIER)

According to this organization's version of the social contract:

"...those who fail to make available useful things lose their power to claim and "waste" resources continually.."

Well, say goodbye to the poor, the retarded, the handicapped, the old, the weak, the sick, the young, nursing mothers, monks, nuns, hermits, artists (what art is useful after all), the Mother Teresas of the world, and the other Good Samaritans, too -- All these traditionally esteemed folk, according to the AIER, should *lose* their access to water, to clean air, to land, ie. should lose their privilege to "claim and waste" reources, lose their human birth right to access the basic necessities of life. And it would be truer to state: "...those who fail to exploit the work of others have the power taken from them to claim their fair share of the world's resources.."

Wow! This specious argument is similar to the old notions of "slave owners rights", and why "inferior peoples", those who labor for a living, don't deserve the same treatment and rights as do "superior" ones, the lords of land and capital. Lincoln would not have been impressed, "Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration." Lincoln's First Annual Message to Congress, December 3, 1861.

To counter the erroneous message of the AIER, perhaps you might want to attune yourself to these recent words from the Dalia Lama: "We need to address the issue of the gap between the rich and the poor, both globally and nationally. This inequality, with some sections of the human community having abundance and others on the same planet going hungry or even dying of starvation, is not only morally wrong, but practically also a source of problems. Equally important is the issue of freedom. As long as there is no freedom in many parts of the world there can be no real peace and in a sense no real freedom for the rest of the world."
source: Tibet News Network

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Today's Topic:
Concentration of Wealth

Abe Lincoln
Lincoln's Warning

Lincoln Revisited
Slavery Still Wrong

OTHER VIEWS
- Welfare State
- Eisenhower's Warning
- Eisenhower Revisted
- Dalai Lama's Warning
- United States Trends
- Family Farms Failing
- Sweatshops Increasing
- IMF Protest Photos
- Amnesty International
- Ending Corporate Governance
- Big Tobacco Lying, Deceit Typical of Multinationals


Today's Topic:
Concentration of Wealth

Abe Lincoln
Lincoln's Warning

Lincoln Revisited
Slavery Still Wrong

OTHER VIEWS
- Welfare State
- Eisenhower's Warning
- Eisenhower Revisted
- Dalai Lama's Warning
- United States Trends
- Family Farms Failing
- Sweatshops Increasing
- IMF Protest Photos
- Amnesty International
- Ending Corporate Governance
- Big Tobacco Lying, Deceit Typical of Multinationals