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1 134 (1980)

handle is hein.amenin/cncps0001 and id is 1 raw text is: Can Capitalism Survive? PAUL W. MCCRACKEN I Optimism historically has characterized the attitude of Americans about their prospects. And there have been good reasons. This optimism has had a strong ideological component. There has always been a firm American belief that our own nation was formed on the basis of noble concepts and ideas that were destined to move mankind forward. Other nations were geographic and historical accidents, determined by factors of such fundamental inconsequen- tiality as rivers or mountain ranges that were hard to cross or winds that happened to blow that day in a direction favorable to the king's navy. Not so our own country. Our forebears brought forth upon this continent a new nation committed to principles that would inspire the world and alter the course of history. And perhaps the generous supply of eloquent bicentennial rhetoric in 1976 has by now receded sufficiently in our memories for us to recall again with a sense of awe that prose in the Declaration of Independence or the Constitu- tion which articulated what this nation was to be all about. Our Founding Fathers, of course, had their own fallibilities. Thomas Jefferson, for example, could pen the words that all men are created equal, that they are endowed by their Creator with certain unalienable rights without at the same time doing much to extend this concept to his own slaves. They were not, however, meaningless words. Indeed, they and that new nation set in motion powerful 134

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