ECONOMICS OF WELFARE
DEMOCRACY OR "SLAVOCRACY.” The welfare of the many has been tacitly accepted as the aim of economic activity in the democracies—“the Economics of Welfare." This system, writes an American journalist, has grown strong on Hie theory ol the worth of the individual, the value ol every human personality to the general scheme of things, the importance of each man and woman in the broader plan. The totalitarian system dethrones Hie individual and sots up the State as supreme. Collectivism takes the place of individualism. Men are mere cogs in the machine: it is the mtichinc that is all-important. The NaziFascist ideologies conceive of supermen united in supernations—hence a world of masters and slaves, "slavocracy." This aim can be accomplished only through "the Economics of Force." So we see the Economies of Welfare. Ihe ideal of the democracies, irrevocably and unalterably opposed to the Economies of Force, the ideology of Hie dictatorships. And there is war between the two. The dictators are out tn prove the folly and fallacy of the democratic ideal., to disprove Hie notion that government should serve Hie people, and to establish their idea that tlie people should serve (he Government. that the welfare of the people is unimportant as compared with (he welfare of the State.
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Wairarapa Times-Age, 23 May 1941, Page 5
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213ECONOMICS OF WELFARE Wairarapa Times-Age, 23 May 1941, Page 5
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