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Quote by Patti Smith

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Year of the Monkey

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Patti Smith
Patti Smith

Patti Smith is an influential American singer-songwriter, born on December 30, 1946. Known for her unique musical style and poetic lyrics, she is considered one of the pioneers of post-punk and punk rock. Smith's music career began in the 1970s, and she quickly became a star in the underground music scene. Her debut album 'Horses' was released in 1975 and is considered a landmark in punk rock. more

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“American society places tremendous importance upon egocentric behavior. Americans are encouraged to set ourselves apart from the group. Whereas in some societies it is an aberration to go against the whole, Americans celebrate the individual over the group. Public schools teach American grade school children that they are the captains of their destiny. American schools and society inculcate schoolchildren to measure their level of success in terms of individual accomplishments. A winner versus loser mentality prevails in American culture. Winners are the recipients of life’s economic awards. We are taught that possessing financial wherewithal will assist us attain exalted social status. Social status in turn allows select people to wield the power of influence. The silent audience consists of the economically deprived, the societal castaways whom we are taught to shun for lacking the temperament to succeed. A strong sense of self not only helps a person survive, but American society keeps score of a person’s economic victories and defeats. Americans measure the intrinsic value of our lives and recognize other people’s status principally in terms of each person’s relative economic resources.”

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“What is a just society? For the purposes of this book, I propose the following imperfect definition. A just society is one that allows all of its members access to the widest possible range of fundamental goods. Fundamental goods include education, health, the right to vote, and more generally to participate as fully as possible in the various forms of social, cultural, economic, civic, and political life. A just society organizes socioeconomic relations, property rights, and the distribution of income and wealth in such a way as to allow its least advantaged members to enjoy the highest possible life conditions. A just society in no way requires absolute uniformity or equality. To the extent that income and wealth inequalities are the result of different aspirations and distinct life choices or permit improvement of the standard of living and expansion of the opportunities available to the disadvantaged, they may be considered just. But this must be demonstrated, not assumed, and this argument cannot be invoked to justify any degree of inequality whatsoever, as it too often is.”

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“Today, corporate campaigns continue to locate the fight in the economic arena by threatening to disrupt profit making, but not through workers withholding their labor. Instead, a new army of college-educated professional union staff bypass the strike and devise other tactics to attack the employer’s bottom line. New Labor’s over-reliance on corporate campaigns has resulted in a war waged between labor professionals and business elites. Works are no longer essential to their own liberation.”

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“The combination of economic inequality and economic segregation is deadly. It reinforces the advantages of those at the top while exacerbating and perpetuating the disadvantages of those at the bottom. Taken together, they shape not just inequality of economic resources, but also a more permanent and dysfunctional inequality of opportunity.”

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“The United States incarnates a more cutthroat form of capitalism, while the Scandinavian countries, and to a lesser extent Germany, are the representatives of a more cuddly capitalism. According to this view, insofar as innovation at the technological frontier relies on strong monetary incentives, the countries that aim for frontier innovation should forgo the goals of insurance and equality: in other words, they should renounce “cuddly capitalism” in favor of a “cutthroat” form of capitalism. As for the countries who choose cuddly capitalism, they would have no alternative but growth by imitation of technologies invented by the frontier countries. The “cuddly” countries provide their citizens with greater equality and insurance, but their growth depends ultimately on the growth of the “cutthroat” countries, which, one might say, work for the benefit of the rest of the world.”

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“Inequality is much cited for its baleful impacts. In this book, we see inequality as a consequence as much as a cause; if the rich are allowed to enrich themselves through unfair processes that hold down wages, and raise prices, then inequality will certainly rise. But not everyone gets rich that way. Some people invent new tools, drugs, or gadgets, or new ways of doing things, and benefit many, not just themselves. They profit from improving and extending other people’s lives. It is good for great innovators to get rich. Making is not the same as taking. It is not inequality itself that is unfair but rather the process that generates it.”

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