Word: rooseveltism
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...CENTURY OF CAPITALISM Democracy can exist without capitalism, and capitalism without democracy, but probably not for very long. Political and economic freedom tend to go together. Early in the century, Theodore Roosevelt laid the foundation for a government-guided free market, one that encouraged individual initiative while protecting people against cartels and the colder faces of capitalism. His cousin Franklin confronted capit alism's greatest challenge, the Great Depression, by following these principles. Half a world away, Lenin laid the groundwork for a command economy, and his successor, Stalin, showed how brutal it could be. They ended...
...these men were named Theodore Roosevelt...
...global economy that will be increasingly knowledge based, we will no longer be able to permit unequal educational opportunities. Schools will need to be open to competition and subjected to standards so that we avoid creating a two-tiered society. We also must realize, as both Theodore and Franklin Roosevelt did, that capitalism can be efficient but it can also be cold. America's social fabric is strong when it weaves together rewards for individual initiative and neighborly compassion for all members of the community. The ultimate goal of democracy and freedom, after all, is not to pursue material abundance...
...such a frightening rate. His theory was eventually published in The Education of Henry Adams but makes less sense today than his brilliant description of the President as perhaps the fundamental motive force of our age: "Power when wielded by abnormal energy is the most serious of facts...Roosevelt, more than any other man living within the range of notoriety, showed the singular primitive quality that belongs to ultimate matter--he was pure...
...youth, as indeed during his infamous "White House walks," which usually culminated in a nude swim across the Potomac, Theodore Roosevelt's cross-country motto was "Over, Under or Through--But Never Around." That overmastering directness and focus upon his objective, be it geological or political or personal, was the force that Adams identified. But T.R., unlike so many other active (as opposed to reactive) Presidents, also had a highly sophisticated, tactical mind. William Allen White said that Roosevelt "thought with his hips"--an apercu that might better be applied to Ronald Reagan, whose intelligence was intuitive, and even...