The government can destroy wealth but it cannot create wealth, which is the product of labor and management working with creation.

Summary

This quote emphasizes that while the government may have the power to diminish or destroy wealth through policies and actions, it cannot directly generate wealth. It suggests that true wealth creation is a result of the efforts of individuals in the labor force and efficient management, coupled with innovation and creativity. It highlights the importance of productive work and entrepreneurship as key factors in driving economic growth and prosperity, implying that government intervention should focus on facilitating and enabling these processes rather than trying to directly create wealth.

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