Small Business School
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Small Business School Small Business Schoollast update: July 4, 2006 Small Business School|Small Business School Small Business Schoolgo to the homepageSmall Business School
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Capitalism: The American Revolution
Overview Transcript Case Study Video
Ron Bowman is one of the 25 million
business owners who has become prosperous
by, "owning a little."
Small Business School
Many Owning A Little Is Better Than A Few Owning A Lot

(Voiceover) And that's the basis from which you get an independent citizenry who can act like sovereigns. Who are masters of their own destiny and who know the world because they're interacting to try and create things in a very tough resistant world. And that -- that's also the group that produces the wealth at the bottom which wells up. The wealth of this country does not trickle down, it wells up from the bottom.

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Transcript Segments
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1. Capitalism is the Only Proven Path from Poverty to Prosperity
2. The American Version Of Capitalism Has Not Been Articulated Well
3. Many Owning A Little Is Better Than A Few Owning A Lot
4. Business Owners Are Not Elites
5. Capitalism Requires A New Attitude About the Creation of Wealth
6. Struggle for Improvement
Is A Moral Duty
7. Capitalism Does Not Thrive Unfettered
8. Capitalism Depends
Upon Hard-Working People
9. Democratic Capitalism Is A
Three-Legged Stool
10. Business Is Not About Greed
11. Capitalism Is Good For The Soul
12. Capitalism Is Organized
Around The Mind
13. Small Business Is The Most Important Institution In A Civil Society


The greatest source of wealth in this country are the small businesses.

Slowly I began to think that maybe also my criticisms of capitalism and business were unreflective. Maybe I had all the biases of a good liberal arts education. I used to put it this way - I love liberal education. It's in my family's blood, the Harvard classics of my father, and the rest. Everybody in my family tries to be everything else and we all come back to the liberal arts. Okay, what are liberal arts? It's about freedom. But what are you free from? And it hit me, the force of a single word, work.

The liberal arts are the non-servile arts. The non-commercial arts. The non-industrial arts. The liberal arts are the arts of aristocrats who live like princes and with white tablecloths and they don't work. They don't get their hands dirty. And they have time for art and poetry and logic and books and the rest of it. And there's a certain raised eyebrow. The poor grubby grind who studies hard and stays up late at night and there's great praise for the more gentlemanly, easy going, don't take it too seriously, pursue ends in themselves. You don't have to worry about the grubby means, because we have servants to do that.

HATTIE: We don't have to worry where our next meal is coming from.

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