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The party should stand for a constantly wider diffusion of…

“The party should stand for a constantly wider diffusion of property. That is the greatest social and economic security that can come to free men. It makes free men. We want a nation of proprietors, not a state of collectivists. That is attained by creating a national wealth and income, not by…” quote by Herbert Hoover
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“The party should stand for a constantly wider diffusion of property. That is the greatest social and economic security that can come to free men. It makes free men. We want a nation of proprietors, not a state of collectivists. That is attained by creating a national wealth and income, not by destroying it. The income and estate taxes create an orderly movement to diffuse swollen fortunes more effectively than all the quacks.”

Herbert Hoover

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Advocates spreading property ownership widely to ensure economic security and personal freedom, opposing collectivism and high taxes.

In simple terms: Broad property ownership secures freedom and stability.

Key Takeaway

Promote policies that broaden wealth distribution.

Themes

property rights economic security individual liberty tax policy wealth distribution

Mood

optimistic determined critical

Type

political economic philosophical

When to use this quote

  • government policy debates
  • tax reform proposals
  • community wealth building
  • financial education programs

Key Concepts

capitalism libertarianism economic theory

Questions to Reflect On

  • How can wealth be diffused without harming entrepreneurial drive?
  • What safeguards ensure fair distribution?
A Different Perspective

Critics argue that diffusion may not address systemic inequality or may reduce incentives for innovation.

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