¶ Technology: Enchantment vs. Disenchantment
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Index Entry
We now have a new lawyer-kind of capitalism where wealth no longer consists of property and they are beginning to put the control of know-how in the books, into the accounting… And the multinational corporations are getting out from under all of the sovereignties. And the managers don’t seem to have much to do with it. The lawyers saw that the purpose of the corporation was to cut down the responsibility of the individual–limited liability. The bankers have had no more control than the postmasters handling the mail, but they end up with more of the peoples’ money than they have kept to themselves… the banks and the government.
The $80 billion spent for the first A-bomb project would cost out at worth about $3 trillion now. And the banks all persuaded President Eisenhower to turn it all over to private industry as a present. Now while it is true that freedom of initiative is essential to human progress, here it was just being selfishly exploited in the name of ‘free enterprise,’ an example of a really noble idea being selfishly corrupted.
And we’re also up against $53 billion a year of advertising,
¶ Citations
- RBF to World Game Workshop; Phila., PA: 22 Jun’77
