There may be some backward countries where the mass of the people are on a subsistence level and where, as an aftermath of wars or partial crop failures, the standard of living has to be drastically reduced, but this certainly is not the case in our prosperous nations. Charles E. Wilson aftermathbackwardcase share on social
The prices of raw materials do not fluctuate directly with the labour cost of producing them. Charles E. Wilson costdirectlyfluctuate Change image and share on social
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. Charles E. Wilson accumulatecapitalchoose share on social
In my fifty years of experience and memory, I have seen the most amazing increase in the standard of living of a people ever achieved anywhere in the world. This is why I am so sure that our system of free competition and industrial development is sound and must be preserved. Charles E. Wilson achieveamazecompetition share on social
That the way to achieve higher standards of living for all is through science and technology, taking advantage of better tools, methods and organization. Charles E. Wilson achieveadvantagehigh Change image and share on social