Quotessence
Home / Quotes / Quote by Thomas Jefferson

Quote by Thomas Jefferson

“An occasional insurrection will not weigh against the inconveniences of a government of force, such as are monarchies and aristocracies.”

Quote by Thomas Jefferson

Author

Thomas Jefferson
Thomas Jefferson

Thomas Jefferson was the third President of the United States, a distinguished politician, philosopher, architect, and scientist. He was born on April 13, 1743, and died on July 4, 1826. Jefferson advocated for democracy and freedom in politics and was one of the main authors of the Declaration of Independence. His political ideas had a profound impact on the founding and development of the United States. more

You May Also Like

“In our time, in particular, there exists another form of ownership which is becoming no less important than land: the possession of know-how, technology and skill. The wealth of the industrialized nations is based much more on this kind of ownership than on natural resources.”

“Economic activity, especially the activity of a market economy, cannot be conducted in an institutional, juridical or political vacuum. On the contrary, it presupposes sure guarantees of individual freedom and private property, as well as a stable currency and efficient public services.”

“On the basis of his work each person is fully entitled to consider himself a part owner of the great workbench at which he is working with everyone else. A way toward that goal could be found by associating labor with the ownership of capital joint ownership of the means of work, sharing by the workers in the management and/or profits of businesses, so-called shareholding by labor, etc.”

“All this plan does is make everybody a capitalist. I know that the New York Stock Exchange says there are 25 million shareholders in the United States, but let me tell you something: about 15 million of those people could save their dividends for 10 years and maybe buy a new suit. That's not what I call capitalism.”