He who seeks profits must be able to bear losses. To acquire riches by legal means requires talent, diligence and the renunciation of comforts. Most men lack these qualities. For them a moderate income enabling them to enjoy life’s ‘simpler pleasures’ is sufficient. They eschew risks. Security of income is worth more to them than a possible but doubtful profit. Security of work, and provision for illness, old age, injury and unemployment, are therefore in the forefront of social controversy. Shacht