Frank Chodorov was born on the lower East Side of New York and brought up on the lower West Side. He was middle class, neither poor nor rich. From his early experience he remembered nothing, but only the toy that his father brought him from one of his trips, because he was a man who was peddling. This toy meant a lot for Franck because it was the one that he ever had. Some years passed and peddling has long since gone out of style in that country. So he decided to help building the American economy. He continued this process until he had saved enough to buy a horse and wagon. After that he found a burgeoning community that gave promise of supporting a permanent or resident peddler. Frank built a shack and produced things that people wanted and brought his wife to help him. He built another room to hold more wares, meanwhile moving his wife and children to a more comfortable house. And when he died, but he left his heirs a department store.
That practice has gone by the boards these days for one reason: the income tax absorbs the savings of the entrepreneur before he can even start his/her business. The tax-collector gets the collection that might have been turProxy-Connection: keep-alive
Cache-Control: over back into the business, and growth from modest beginnings is therefore impossible. The imaginative entrepreneur must begin on a relatively large scale, by borrowing from the government against a government contract or some enterprise undertaken on a government grant or guarantee. The little business man will receive little.
The life of the old middle-class man, Frank Chodorov, was by present standards, rather prosaic, even humdrum, being enlivened only by plans for expanding his business. His dreams were to serve the community better ans raise his store up. Among the modern middle-class men, in terms of income and the station in life they have attained, there are two categories that deserve special attention: the bureaucrats and the managers of the great corporations. The idea that attracts the attention of the politicians was the income tax; the socialists and populists advocated, which is in all men's hearts, but the politicians took to it because more taxation means/ brings more power. And getting and exercising power is the principal business of the politician.
The young people, those who were born or got their rearing during the New Deal era, do not question that concept of freedom, and the professors of economics, psychology, jurisprudence, sociology and anthropology write learned books in support of it. From now on nobody can help consider on the future. When the present generation, well inured to the Welfare State, have grown old, even as this book speaks lovingly of the ethic of the peddler class.
That practice has gone by the boards these days for one reason: the income tax absorbs the savings of the entrepreneur before he can even start his/her business. The tax-collector gets the collection that might have been turProxy-Connection: keep-alive
Cache-Control: over back into the business, and growth from modest beginnings is therefore impossible. The imaginative entrepreneur must begin on a relatively large scale, by borrowing from the government against a government contract or some enterprise undertaken on a government grant or guarantee. The little business man will receive little.
The life of the old middle-class man, Frank Chodorov, was by present standards, rather prosaic, even humdrum, being enlivened only by plans for expanding his business. His dreams were to serve the community better ans raise his store up. Among the modern middle-class men, in terms of income and the station in life they have attained, there are two categories that deserve special attention: the bureaucrats and the managers of the great corporations. The idea that attracts the attention of the politicians was the income tax; the socialists and populists advocated, which is in all men's hearts, but the politicians took to it because more taxation means/ brings more power. And getting and exercising power is the principal business of the politician.
The young people, those who were born or got their rearing during the New Deal era, do not question that concept of freedom, and the professors of economics, psychology, jurisprudence, sociology and anthropology write learned books in support of it. From now on nobody can help consider on the future. When the present generation, well inured to the Welfare State, have grown old, even as this book speaks lovingly of the ethic of the peddler class.
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