On reading the first third of your book Clash of Cultures:
Mr. Bogle. This is a thought that I had while reading the first third of Clash of Cultures, particularly after reading your comment after Mr. Monk’s “Capture” piece, “…capitalism without ownership will fail”
On reading Clash of Cultures (shortened for posting):
The furnace of democratic capitalism is ownership, the individual sense of pride and worth generated in the statement – “I own this.”. It addresses a very deep and essential value particularly in this immigrant nation, our sense of certainty. When ownership is diminished by either concentration of agency control or stifling the voice of the owners regarding the outcomes of their property, capitalism is also diminished. Perhaps it is a trend of indifference or even distain of true ownersip that is most threatening. That there might be a point where we risk allowing this fire that drives us to go out altogether. DDL
On reading the first third of your book Clash of Cultures:
Mr. Bogle. This is a thought that I had while reading the first third of Clash of Cultures, particularly after reading your comment after Mr. Monk’s “Capture” piece, “…capitalism without ownership will fail”
On reading Clash of Cultures (shortened for posting):
The furnace of democratic capitalism is ownership, the individual sense of pride and worth generated in the statement – “I own this.”. It addresses a very deep and essential value particularly in this immigrant nation, our sense of certainty. When ownership is diminished by either concentration of agency control or stifling the voice of the owners regarding the outcomes of their property, capitalism is also diminished. Perhaps it is a trend of indifference or even distain of true ownersip that is most threatening. That there might be a point where we risk allowing this fire that drives us to go out altogether. DDL