[SeekAndFind]

FROM ADAM SMITH:

“It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest”

[ansel12]

Henry Ford versus Scrooge, before Christ’s birthday influenced him.

I wonder if Scrooge went out of business after the change, or if his personal life, and his work atmosphere and conditions, and his spiritual self improved.

[mjp]

In that context, Scrooges may better be seen as symbolizing those transitional figures who were critical to the creation of a wealthier England—and a wealthier, fairer world.

Greater prosperity for the economy as a whole and a higher standard of living for the average wage earner is created by capital accumulation and technological advancement.

By the tale’s account, Scrooge was honest and frugal—perhaps excessively so. The Scrooges of the world were the stewards of the scarce capital—the seed corn prosperity

The way to begin increasing capital accumulation is for individuals to spend less and save and invest more. The way to increase technological advancement is to use the increase in capital accumulation to increase capital intensiveness. Increased capital intensiveness is the basis for the increased utilization of technological advances.

[OldNewYork]

Old Fezziwick was a better employer though.