In his 1920 Woman’s Home Companion piece on Coolidge (“A man with vision – but not a visionary”), Bruce Barton quotes from a speech Coolidge gave Feb. 4, 1916 to the Amherst alumni association; the full text can be found in the compilation volume “Have Faith In Massachusetts“. Notwithstanding the somewhat antiquated style, the meaning of Coolidge’s words is still true today:
„As a result of criticizing these conditions (the distribution of wealth), there has grown up a too-well-developed public opinion along two lines; one, that the men engaged in great affairs are selfish and greedy and not to be trusted, that business activity is not moral and the whole system is to be condemned, and the other, that work is a curse to man, and that working hours ought to be as short as possible, or in some way abolished.“
As we have seen, the Coolidge presidency came at (or possibly even past) the end of an era where businessmen were lionized and admired and the work ethic was held in high esteem. The progressive element in the arts and in politics had already been challenging and attacking these values for several decades. A distrust of business and wealth is pervasive to this day. As for the value of work, only today are the social sciences beginning to find that work is essential to human well-being. Of course we need to recognize that in Coolidge’s day, “work” still meant mostly hard, physical toil that can hardly be compared to today’s workplace conditions.