“Welfare of Farmer is a Basic Need of this Country. The lead must be taken by the Farmer. The Government should back the farmer. Everything possible should be done to better economic condition of Farmer also fix the Social Value of the Life of the Farmer…
And in addition he should be helped to cooperate in business…
Our aim is to promote prosperity. Then to see the prosperity is passed around. There is a proper division of prosperity.
Our aim is to “Control” business not “Strangle.”
– Theodore Roosevelt
Link to the Theodore Roosevelt’s full speech, since I have only taken few sentences of his speech “Farmer & Prosperity.”
Theodore Roosevelt talks about balance of profit sharing in his speech and to bring prosperity equally to everyone.
“Prosperity without Profit?” – James Truslow Adams asks. “Moreover, owing to advancing costs and the change of scale of Living.”
Is it a mere illusion now? As it was then according to Adam’s expression? What are your thoughts?
According to Adam and I think we all agree even today “Americans have passed petty economics, they want convenience, they want action, and they want comfort and style.”
I think today not only American’s the whole world is looking for the comforts and convenience.
Adam explains in economic civilization “efficiency” as a greater good and “leisure” as a waste.
The business which is cognizant takes advantage of this leisure mind set and makes it a business venture.
According to American Omen Author Garry, “American’s does not know what to do with idleness. He does not understand it. And it kills him.”
It’s accommodating to see the explanation of each country; and also think and look at the dominance and progresses they’ve made according to these classifications of each ideal have attained upon its businesses civilizations:
Speaking of Adult Education Garry adds;
“In England the intent of the adult education is to give the wage earner a cultural interest to fill up his leisure time nature study, astronomy, the physics, and chemistry of everyday life, literature perhaps.
In Germany the intent is technical.
In Denmark to stimulate the mind generally.
In France not much of anything.
But he adds proudly,
The American idea of adult education is to enable a man to find greater self-expression in his job.”
According to a Professor of Economics at Harvard, “Harvard has no leisure class and never likely to have one, though we fall behind in those arts that we commonly cultivated by leisure class – therefore content ourselves with such arts and graces as can be cultivated by busy people.”
And Adam agrees “certainly from the stand point of humanism, of a fully rounded human existence, no comment on this business ideal is needed.”
And here we see a conflict of business ideals even at a time the world was not a complex place as today.
Has the basics of human nature changed? I think human needs have evolved to the present technological enhancement. But the basics remain the same.
And the writer explains how Henry Ford started making better models because of the threats to his profits. The ugly auto models did not satisfy consumer. Again the prosperity in this situation comes, b’cause of:
• the depletion of interest,
• demand of the consumer,
• and fear of losing profits.
So back to this question of Prosperity.
And Stuart gives four definitions of Prosperity.
First according to business and commercial success. And thus far the most measurable. According profits, trade, etc., etc……
Second, according to him, prosperity may be defined in terms of the distribution of material goods and services to the ultimate consumer. And he classify this as more human than the first definition.
Third, he explains; prosperity may be defined as an economic condition in which even if business does not particularly boom, or the distribution of tangible goods seems particularly lavish, the average citizen enjoys security and a modicum of leisure.
Fourth and last Chase writes, we might define prosperity as the life more abundant–an alliance of definitions two and three–compounding security and leisure with a wide variety of useful and beautiful material things, and above all an atmosphere in which the creative arts flourish, great projects are undertaken, temples rise, poets sing, and man climbs one step nearer to his remorseless destiny.
“Prosperity Fact or Myth?” – Stuart Chase asks in his article published at the time.
I thought all this information is fascinating when we try explaining prosperity even today.
We’ve come a long way since God created Farmer and the fascination of Farming.
Today we are struggling in a Global Economy to bring prosperity to individuals and countries. So I say defining prosperity is a step forward to solve the world economy for the next era. Don’t you think?
How would you explain Prosperity? I would like to know what you think.
Although I wanted to write more on this subject I decided to refrain myself of that temptation.
And speaking of leisure how much leisure do we enjoy today? With practicing yoga and meditation the western world definitely has noticing its spiritual value.
Could we, should we or have we started to learn to balance the Prosperity?
P.S. My thanks to LoC, Writer James Truslow Adams, Journalist Stuart Chase