deregulation & small gov’t.

I saw this today & it reminded me of Elizabeth Warren’s quote.

I realize I’ve never shared her quote anywhere (here, twitter, or fb), so thought I’d take a moment to add it.

There is nobody in this country who got rich on his own. Nobody. You built a factory out there — good for you!

But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn’t have to worry that maurauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did. Now look, you built a factory and it turned into something terrific, or a great idea — God bless. Keep a big hunk of it.

But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along. – Elizabeth Warren

From her Wikipedia page: Elizabeth Warren (born June 22, 1949) is an American bankruptcy law expert, policy advocate, Harvard Law School professor, and Democratic Party candidate in the 2012 United States Senate election in Massachusetts. She has written several academic and popular books concerning the American economy and personal finance. She contributed to the oversight of the 2008 U.S. bailout program, and also led the conception and establishment of the Consumer Financial Protection Bureau.

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One Comment (+add yours?)

  1. Meghan
    May 21, 2012 @ 09:00:13

    Interestingly, this quote is exactly in line with the book I’m currently reading: Radical Homemakers by Shannon Hayes.

    Reply

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