Laws of Economics
Principle I . In a normal state of things, all prices are regulated
by two things - the amount of currency and
the law of supply and
Principle II . A large capital in
business operations is a great advantage, and gives to its possessors a marked
superiority over competitors having small capital.
Principle III .
Persons established in business have an advantage over those just starting in
the same business, other things equal.
Principle IV . A new man who
starts in business poor is at a great disadvantage in competition with rich men
who are already established.
Principle V . A new man who starts in
business in antagonism with well established rich men will be at such a
disadvantage that he will be almost certain to
Principle VI . In business crises, which are all started
by the calling of loans, established capital
has a great advantage over newcomers without much capital.
VII . In business crises, which create
economic contractions, men without capital who have to borrow money are at a
disadvantage and they are the first to go broke.
Principle VIII .
Newcomers with little capital cannot enter into competition with well
capitalized rich men already established and drive them out of business.
Principle IX . In business crises, new men of small capital can not
successfully enter into competition with rich men well established and take
their business from them.
Principle X . The superiority of a large
capital is equally apparent in all operations.
Principle XI . The laws
of chance varies within certain limits and in the long run conforms to regular
law. In gambling operations the longest purse will win in the long run.
Principle XII . In operations in
Boards of Trade, newcomers with less capital can not break better capitalized
men and reduce them to bankruptcy.
Principle XIII . Economically a
man can only make a reasonable amount of money in a given time.
Principle XIV . The wealth of a country, under the operation of the
natural laws of political economy, will increase most rapidly in times of
prosperity and will
increase more slowly in eras of industrial depression.
The Principles of Political Economy are violated:
1. In the abnormal
condition of prices - no longer regulated by the amount of currency or by
the law of supply and
2. In the abnormal
condition of business - newcomers with borrowed capital take possession of
3. In the rapid amalgamation of wealth in the hand of a
newcomer who has sprung up from poverty into unprecedented
4. In the anomalous fact that the wealth of our country has
increased most rapidly when
the general prosperity
was at the lowest ebb.
God does not choose to work miracles by
setting aside the regular laws of nature, but leaves natural laws to work out
their natural results.
capital carries with it power to crush smaller operators ; as surely as a
thundercloud carries rain, or the North Wind cold.
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This website defines a
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forged a populace unable to discern propaganda from reality and that this has
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violence that is already occurring due to the international corporate cartels
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industrial military entertainment complex and is responsible for the collapse
of morals, the elevation of self-centered behavior and the destruction of
global ecosystems. Civilization is based on co÷peration. Co÷peration does not
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American social mores and values have
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cartel has garnered more and more power. This power rests in the ability to
deceive the populace in general through corporate media by pressing emotional
buttons which have been preprogrammed into the population through prior
corporate media psychological operations. The results have been the destruction
of the family and the destruction of social structures that do not adhere to
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directed toward solutions proposed by the corrupt international elite that
further consolidates their power and which further their purposes.
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