27 August, 2011

Dr. William Luther Pierce On Capitalism

Posted by Socrates in capitalism, Congress, Congressmen, politics, Socrates, White philosophy, William Pierce at 6:47 pm | Permanent Link

An early (1983) comment by Pierce on the hazards of laissez-faire capitalism. Good reading for newbies:

“The second danger posed by a capitalist system is far greater, and it arises from the fact that economic power is inevitably translated into political power.” (Yep. If you can scrape up $5 million dollars, you can run for Congress, and if you have more money, you can stay there for years).


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