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RBF Definitions
“American labor fought a great and worthy battle to win the working man’s share of the synergetic productivity of industry. Labor’s battle proved doubly worthwhile because it inadvertently brought about mass consumption. Without mass consumption you cannot maintain mass production. You cannot have the mass production of industrialization without an original investment of vast capital effort of work and that original capital came first and long ago from serfdom or outright slavery. In order to bring industrialization to benefit comprehensively emancipated man, you must have mass purchasing power, which in due course will underwrite automation, which in turn will eventually produce so much wealth as to be able to free man’s time for further education and research to increase the wealth long generated by unimpeded automation. American labor will not yield that unimpedement until it is clearly demonstrated that all men will prosper directly by doing so. American labor did bring about the vast purchasing power in industry, but in so doing it established all kinds of rules which inadvertently protected the obsolete inefficiencies of building.”
