subject: The President Of The Wallace Organization Capitalism [print this page] The President Of The Wallace Organization Capitalism
Capitalism is a moral/social system as well as an economic system based on the philosophical premise that every man and woman has the exclusive right to his or her own life and property.
Implementing capitalism always yields by nature a benevolent society in which individuals deal with one another on the basis of values - the voluntary exchange of values.
Force and coercion are obviated,capitalism is consistent with mans rational needs and requirements for prosperity and happiness.
Altruism is a morality based on the philosophical premise that man lives for the sake of others,that mans life and property are available for sacrifice to "higher" causes, e.g.,the common good,society,the needy,the world,the dictator,God,country,politicians,bureaucrats,lawyers.
Implementing altruism always yields by nature a malevolent society in which individuals deal with one another on terms of who will be sacrificed to whom, who will support whom.
Force becomes the deciding factor,fake jobs and bogus livelihoods grow like cancer.
Altruism is contrary to mans nature,rational needs,and requirements for happiness.
Before applying the concepts of capitalism and altruism to The Wallace Organization and its common-stock price,those concepts must first be viewed from the broader perspective of contemporary Western culture:
Capitalism has lifted mans standard of living to undreamt heights,as will be demonstrated in this document,all long-term benefits to mans life,well being,and happiness have grown from competitive capitalistic principles.
Yet today,a growing number of altruistic businessmen are undermining capitalism. How?
1)By protecting,supporting,joining,and promoting the destructiveness of bogus-job bureaucrats,politicians,lawyers,the clergy,dishonest journalists,dishonest educators,and social "intellectuals".
2)By usurping from business short-range values and advantages for themselves rather than competitively producing long-range values for business,others,and society.
In undermining capitalism,they are depriving man of his motive to produce and his means to be happy.
Man is capable of achieving genuine prosperity and happiness only to the extent that he can produce competitive values for others and society through the rational,wide-integration use of his mind and constant,hard-work effort.
That fact is based on the nature of man,Man must competitively produce for others to honestly meet both his physical and emotional needs.
Hidden beneath the words of all altruists are calls for sacrifice,"temporary" hardship,and periods of readjustment.
Those calls for sacrifice are incongruously combined with promises that man can attain values without earning them.
All altruists seek an unreal world based on feelings and wishful thinking,a mystical world free of demands for rational integrated thinking and competitive hard efforts.
A mystical world that always moves away from the problem-solving nature of life.Indeed all mystics seek the goal of effortless, "peaceful" nirvana - a problem-free utopia.
In their utopia,man can defy reality...man can usurp values without earning them...man can consume without producing...man can live effortlessly without solving problems.Reality,however,cannot be defied.
Someone has to produce values and solve problems in order for human beings and society to survive and prosper.
Thus,to survive and prosper,altruists and other value destroyers must deceive and coerce the value producers into sacrificing their time,efforts,property,and earnings to the value destroyers.
The altruists' final goal is to coerce or force all value producers to support and respect them,the value destroyers.
The motive and ability to produce competitively and in abundance for others vanish when the producer becomes controlled by the non producers.
Who would be responsible for such an evil,for such an unjust scourge to fall upon our civilization? Ironically, the political leaders,religious leaders,free loaders, collectivists,and other value destroyers would not be primarily responsible.
Those responsible will be the altruistic dishonest parasites posing as business "leaders".
Such uncompetitive business quislings are today implanted throughout business and industry worldwide.
Those executives will bear the responsibility for the demise of their companies and free-market capitalism.
Their altruistic principles are inimical contradictions to the principles of competitive capitalism.
Through such business quislings,the sacrifice of the value producers and businesses is possible.
Indeed,those quislings are the transmission belt between the value producers and the value destroyers.
But,the implementation of the capitalistic principles presented in this proposal would render impotent those altruists who are currently in positions of corporate power.
For,without those altruistic business quislings,the value destroyers would be powerless to sacrifice the value producer.
Their demands for sacrifice would go unanswered.The decline of capitalism would end,a new renaissance would begin.Civilization would rise to a new standard of rationality.
Benevolence and goodwill among men would flourish and Mans productivity and happiness would soar.
How do those concepts of business,capitalism,and altruism relate to the common-stock value of The Wallace Organization? This is how:
Man requires self-interest motives to be productive and creative.
Man achieves happiness through his productive and creative efficacy.
That is the nature of man,when altruistic businessmen assume managerial positions within a corporation,their standards of selflessness and sacrifice are asserted to allow them to cheat rather than to earn their way to competitive power and wealth.
Since selflessness and sacrifice are contrary to value production and competitiveness,the producers efficacy will diminish.
His job effectiveness will decrease, and the future of his company will fade.
Thus,as altruistic executives translate their standards into practice,the value of their company to stockholders and society shrinks.
Altruists can achieve their unearned ends only by sacrificing the values earned by others...such as the assets,profits,and earning potential of a corporation.
They are eager to sacrifice that which has been earned and built by others,they are willing to sacrifice the stockholders'equity,potential,and property to "higher causes".
Whenever long-range values are created by business, society benefits,by far,the greatest beneficiary of a profitable business is society.
But the basic reason for operating any business can never be to "serve" society short range at the expense of long-range assets and earning, lest the business be eventually drained and stagnated.
The only just and moral reason to operate a business is to benefit its owners through the production of competitive values for others and society.
Only to the extent that owners profit can employees,society,or anyone else gain long-term values and benefits.
Consequently,a business run for the best long-range financial profit of its owners will always yield the maximum,long-range benefits to society.
Conversely,only by producing maximum values for society can a business produce maximum,long-range profits for its stockholders,that is the benevolent nature of capitalism.
Capitalism means producing competitive values (products or services) for the voluntary exchange of other values (money for further production of values).
Success in a capitalistic society requires honesty,rationality,effort,wide integrations,and long-range planning.
The standards of capitalism permit man to profit only by competitively producing for the benefit of others and society.
The standards of capitalism allow man to full fill his potential and to achieve happiness to the benefit of all society.
