Here is Brazil's Lula da Silva in an interview,
“The country had no credit, had no working capital or financing or income distribution. What kind of capitalism was that? A capitalism without capital. I decided then that it was necessary to first build capitalism, then make socialism, we must have something to distribute before doing so."
In this vein, the president added that “if the country does not have anything, there is nothing to distribute, and employers need to know that they have to pay slightly higher wages so that people can buy the products they manufacture. Henry Ford already has said this in 1912. “
Translation: Fatten them before the slaughter.
Lesson: Lula's admission is that capitalism leads to wealth creation. However he has another unstated political agenda--which is to keep power by redistribution of wealth through votes.
As Ayn Rand once said, ``Whoever claims the right to redistribute the wealth produced by others is claiming the right to treat human beings as chattel."
“The country had no credit, had no working capital or financing or income distribution. What kind of capitalism was that? A capitalism without capital. I decided then that it was necessary to first build capitalism, then make socialism, we must have something to distribute before doing so."
In this vein, the president added that “if the country does not have anything, there is nothing to distribute, and employers need to know that they have to pay slightly higher wages so that people can buy the products they manufacture. Henry Ford already has said this in 1912. “
Translation: Fatten them before the slaughter.
Lesson: Lula's admission is that capitalism leads to wealth creation. However he has another unstated political agenda--which is to keep power by redistribution of wealth through votes.
As Ayn Rand once said, ``Whoever claims the right to redistribute the wealth produced by others is claiming the right to treat human beings as chattel."
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