That the way to achieve higher standards of living for all is through science and technology, taking advantage of better tools, methods and organization.
No plan can prevent a stupid person from doing the wrong thing in the wrong place at the wrong time - but a good plan should keep a concentration from forming.
The thing that contributes to anyone's reaching the goal he wants is simple wanting that goal badly enough.
No one should suffer from the great delusion that any form of communism or socialism which promotes the dictatorship of the few instead of the initiative of the millions can produce a happier or more prosperous society.
Canada has great natural resources, and its people have the spirit and ability to develop them.
Many people do not realize that where unions have bargaining rights employers cannot raise wages or improve benefit plans any more than they can reduce them without of the consent of the union.
Unfortunately, in collective bargaining one party or the other too often tries to gain an advantage - a bargain, like buying something in a store for less than it is worth.
If workmen are denied any increase in real wages and they can look forward only to a better standard of living through reduction of prices, progress for them is terribly slow, and they become impatient and dissatisfied.
For more than 150 years free men in our countries have had the opportunities to educate themselves, choose their own religions, select their own occupations, accumulate capital and invent better ways of doing things.
No one should be so naive as to think that wages among organized groups will not be increased, under pressure if necessary, to make up for increases in the cost-of-living, nor should anyone ordinarily object to such adjustments.
That it is logical, fair and reasonable to maintain the purchasing power of an hour's work in terms of goods and services the employee must purchase in his daily living.
Furthermore, there is no good ethical or economic reason for asking workmen and current producers to forego all economic gain in order to increase the purchasing power of all the wealth accumulated in past years.
Our thinking behind these agreements is that we want all jobs in General Motors to be good jobs.
That co-operation and peace rather than industrial strife and strikes will best promote the prosperity of the employees the company and all of the people and even strengthen the nation.
Costs of manufactured articles importantly depend on the cost of raw materials as well as labour.
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