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Quote by Edmund Fuller

“With all respect to Mr. Jefferson, I would put the pursuit of wisdom ahead of the pursuit of happiness.”

Quote by Edmund Fuller

Author

Edmund Fuller

Edmund Fuller was an individual of an unknown profession, born in 1914 and passed away on January 29, 2001. more

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“The effect of the corporation, under the prevailing policy of the free, go-as-you-please method of organization and management, has been to drive the bulk of our people, other than farmers, out of property ownership; and, if allowed to go on as present, it will keep them out... The paramount problem is not how to stop the growth of property, and the building up of wealth, but how to manage it so that every species of property, like a healthy growing tree will spread its roots deeply and widely in the soil of a popular proprietorship.”

“The paramount problem... is how to make this new form of property ownership a workable agent toward repeopleizing the proprietorship of the country's industries. Open to the wage-earner of the country the road to proprietorship... not as a gratuity, but as their proper allotment out of the combined forces that have made the enterprise successful.”

“It is also true that the less possible it becomes for a man to acquire a new fortune, the more must the existing fortunes appear as privileges for which there is no justification. Policy is then certain to aim at taking these fortunes out of private hands, either by the slow process of heavy taxation of inheritance or by the quicker one of outright confiscation. A system based on private property and control of the means of production presupposes that such property and control can be acquired by any successful man.”