STRATEGY

116rmfpsocialism

Put Your Money Where Your Mouth Is Be a Farmer

“Agriculture, the Produce of the Land, is the SOLE or the PRINCIPAL Source of the Revenue and Wealth of every Country.” Adam Smith – Wealth of Nations, 1776, pg. 842

Now about inequality. In 1835 Alexis de Tocqueville noticed what might be called the paradox of equality: As social conditions become more equal, the more people resent the inequalities that remain.

Capitalism: “Democratic institutions awaken and foster a passion for equality which they can never entirely satisfy,” Tocqueville wrote. “This complete equality eludes the grasp of the people at the very moment they think they have grasped it . . . the people are excited in the pursuit of an advantage, which is more precious because it is not sufficiently remote to be unknown or sufficiently near to be enjoyed.”

Haves & Have-Nots: “Democratic institutions strongly tend to promote the feeling of envy.”

Socialism: “A depraved taste for equality, which impels the weak to attempt to lower the powerful to their own level and reduces men to prefer equality in slavery to inequality with freedom.”

Inequality: “That is the background by which the current hand-wringing over inequality must be judged. Inequality is not a problem simply because the rich get richer faster than the poor get richer. It’s a problem only when the rich get richer at the expense of the poor,” Bloomberg.

Economicnism: The fall of Communism left Russia and China in a quandary, just what kind of ‘ism’ was best for their respective societies? Russia went for Oligarch-ism and China chose State Capitalism.  Both choices have led to the rich getting richer at the expense of the poor.”

Adam Smith was right and Karl Marx was wrong but America misinterpreted Smith’s core ideology, “Agriculture, the Produce of the Land, is the SOLE or the PRINCIPAL Source of the Revenue and Wealth of every Country,” to mean corporate-industrialized-unsustainable  agriculture was the PRINCIPAL Source of the Revenue and Wealth of every Country. The unintended consequence of which once again led to the rich getting richer at the expense of the poor.”

The solution to global warming, mass migration, world hunger (in the USA case malnutrition), income inequality and just about everything that’s not right is agricultural entrepreneurship.  Put your money where your mouth is be a farmer or buy from a farmer you know.