ABSTRACT

A restless spirit moves among businessmen. Some businessmen worry over an apparent conflict of values. Responsible local businessmen, in direct touch with their communities, had long engaged in activities that could never be explained by the abstract version of the profit motive. Businessmen, their confidence battered, fought to regain their position in the national community by ideological argument with politicians. The business community worried about the taxes that stunted its growth and the regulations that made it rigid. Business is itself a welfare system. As the prime producer of goods and services, it provides abundantly for the general welfare. Normal business development would produce more "welfare" than the "essential" government project that long ago outlived its usefulness but had not, for lack of competitive pressure, undergone steady reform. The businessman's unique position is suggested by the fact that businessmen are the natural trustees of independent institutions.