Translation: History shows that the more equally wealth is distributed, the more the people enjoy liberty, and the less society is plagued with drug abuse, prostitution, and other vices.The experience of mankind has shown that the people of communities and nations among whom wealth is the most equally distributed, enjoy the largest degree of liberty, are the least exposed to tyranny and oppression and suffer the least from luxurious habits which be get vice.
Translation: The concentration of wealth in the hands of a few is one of the great evils menacing our nation. Our priceless legacy of freedom from our Founders is threatened by the "monstrous power" concentrated wealth gives to a few individuals and powerful corporations. Things are accomplished by that power that are normally impossible under a free government. The concentration of wealth shapes legislation on a state and national level. If the rich are not prevented from getting richer, this evil will increase poverty and bring national disaster. History shows that it foreshadows the ruin of great nations.One of the great evils with which our own nation is menaced at the present time is the wonderful growth of wealth in the hands of a comparatively few individuals. The very liberties for which our fathers contended so steadfastly and courageously, and which they bequeathed to us as a priceless legacy, are endangered by the monstrous power which this accumulation of wealth gives to a few individuals and a few powerful corporations. By its seductive influence results are accomplished which, were it more equally distributed, would be impossible under our form of government. It threatens to give shape to the legislation, both State and National, of the entire country. If this evil should not be checked, and measures not be taken to prevent the continued enormous growth of riches among the class already rich, and the painful increase of destitution and want among the poor, the nation is liable to be overtaken by disaster; for, according to history, such a tendency among nations once powerful was the sure precursor of ruin.
Translation: Years ago the Brethren realized that the Saints were dividing into classes of rich and poor. That saw that as a danger to their much-needed unity as a people (remember, "If ye are not one, ye are not mine"?). At that point, the Brethren counseled the Saints to enter into Cooperative Free Enterprise, since they didn't have enough faith to go all the way into the United Order.Years ago it was perceived that we Latter-day Saints were open to the same dangers as those which beset the rest of the world. A condition of affairs existed among us which was favorable to the growth of riches in the hands of a few at the expense of the many. A wealthy class was being rapidly formed in our midst whose interests, in the course of time, were likely to be diverse from those of the rest of the community. The growth of such a class was dangerous to our union; and, of all people, we stand most in need of union and to have our interests identical. Then it was that the Saints were counseled to enter into co-operation. In the absence of the necessary faith to enter upon a more perfect order revealed by the Lord unto the church, this was felt to be the best means of drawing us together and making us one.
There's much more, but my Babylonian task-master is cracking his whip. You can read the entire article and be SURE to read the concluding paragraph, but try to keep your jaw from hitting your desk when it drops. ;)