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Quote by Richard T. Ely

“We have among us a class of mammon worshippers, whose one test of conservatism, or radicalism, is the attitude one takes with respect to accumulated wealth. Whatever tends to preserve the wealth of the wealthy is called conservatism, and whatever favors anything else, no matter what, they call socialism.”

Quote by Richard T. Ely

Author

Richard T. Ely was an American economist known for his research on labor economics and social policy. His work had a profound impact on subsequent welfare policies and labor laws. more

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