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All Hail The Forgotten Man

William_Graham_SumnerMandeville, LA –  Exclusive Transcript –  “That’s the do-nothing that he’s speaking of.  That’s the licentious that he’s talking about.  Every dollar that is directed towards the sloven corruptocrats and those that will accept that grift is a dollar that is not available for productive capital.  He’s right.  As a matter of fact, Sumner sounds like one of the best Austrians I’ve ever read.  You people that are students of Hayek and Mises, Sumner lived 40 years before they started writing.  Maybe Sumner is the father of Austrian economics.”  Check out this members only transcript, below, for the rest…

Now presented for the use of our Founders Pass Members, the edition of The Forgotten Man, compiled and published by Founding Father Films Publishing. Enjoy the audio edition of Forgotten Man I recorded as well.

See more extended reading selections available to our Founders Pass Members

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Click here to read the file online or right click to download to you computer

Mike:  Sumner wrote:

[reading]

Now who is the Forgotten Man? He is the simple, honest laborer, ready to earn his living by productive work. We pass him by because he is independent, self-supporting and asks no favors. He does not appeal to the emotions or excite the sentiments. He only wants to make a contract and fulfill it, with respect on both sides and favor on neither side. He must get his living out of the capital of the country. The larger the capital is, the better living he can get. Every particle of capital which is wasted on the vicious, the idle, and the shiftless is so much taken from the capital available to reward the independent and productive laborer. But we stand with our backs to the independent and productive laborer all the time. We do not remember him because he makes no clamor; but I appeal to you whether he is not the man who ought to be remembered first of all, and whether, on any sound social theory, we ought not to protect him against the burdens of the good-for-nothing. In these last years I have read hundreds of articles and heard scores of sermon and speeches which were really glorifications of the good-for-nothing, as if these were the charge of society, recommended by right reason to its care and protection. We are addressed all the time as if those who are respectable were to blame because some are not so, and as if there were an obligation on the part of those who have done their duty towards those who have not done their duty. Every man is bound to take care of himself and his family and to do his share in the work of society. It is totally false that one who has done so is bound to bear the care and charge of those who are wretched because they have not done so. The silly popular notion is that the beggars lives at the expense of the rich, but the truth is that those who eat and produce not, live at the expense of those who labor and produce. The next time that you are tempted to subscribe a dollar to a charity, I do not tell you not to do it, because after you have fairly considered the matter, you may think it right to do it, but I do ask you to stop and remember the Forgotten Man and understand that if you put your dollar in the savings bank it will go to swell the capital of the country which is available for division amongst those who, while they earn it, will reproduce it with increase.

[end reading]

Mike:  That’s William Graham Sumner, the essay “The Forgotten Man,” written in 1883.  Put that in your redistributionist, it doesn’t matter pipe and smoke it.  As a matter of fact, put that in your military-industrial complex pipe and smoke it.  That’s the vicious he’s talking about.  Put that in your agricultural-industrial complex pipe and smoke it.  That’s the do-nothing that he’s speaking of.  That’s the licentious that he’s talking about.  Every dollar that is directed towards the sloven corruptocrats and those that will accept that grift is a dollar that is not available for productive capital.  He’s right.  As a matter of fact, Sumner sounds like one of the best Austrians I’ve ever read.  You people that are students of Hayek and Mises, Sumner lived 40 years before they started writing.  Maybe Sumner is the father of Austrian economics.

End Mike Church Show Transcript

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….for productive capital.  He’s right.  As a matter of fact, Sumner sounds like one of the best Austrians I’ve ever read.  You people that are students of Hayek and Mises, Sumner lived 40 years before they started writing.  Maybe Sumner is the father of Austrian economics.

End Mike Church Show Transcript

 

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Host of the Mike Church Show on The Veritas Radio Network's CRUSADE Channel & Founder of the Veritas Radio Network. Formerly, of Sirius/XM's Patriot channel 125. The show began in March of 2003 exclusively on Sirius and remains "the longest running radio talk show in satellite radio history".

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