Quotessence
Home / Quotes / Quote by Fred Magdoff

Quote by Fred Magdoff

“Today, rather than a democracy we have a plutocracy (rule by moneyed interests) in which some of the formal elements of democracy nonetheless remain. Needless to say a real democracy ... is impossible where income, wealth, and power are concentrated and where inequality is growing, that is, in the normal ways of things under capitalism”

Quote by Fred Magdoff

Book:What Every Environmentalist Needs to Know About Capitalism
Create image

Work

What Every Environmentalist Needs to Know About Capitalism

Browse quotes and source details for this work. more

Author

Fred Magdoff

Browse famous quotes and profile details for Fred Magdoff. more

You May Also Like

“If the citizens themselves devote their life to matters of trade, the way will be opened to many vices. Since the foremost tendency of tradesmen is to make money, greed is awakened in the hearts of the citizens through the pursuit of trade. The result is that everything in the city will bcome venal; good faith will be destroyed and the way opened to all kinds of trickery; each one will work only for his own profit, despising the public good; the cultivation of virtue will fail since honor, virtue's reward, will be bestowed upon the rich. Thus, in such a city, civic life will necessarily be corrupted. (On Kingship II, 3)”

PhilosophyPoliticsWealthMoneyEthicsCapitalismEconomicsTheologyCivicsThomism
Author:Thomas Aquinas
Create image

“Some people think very cleverly, ‘Let me live my whole life the way I want to live. In the last few moments, I will remember god and chant His name and enter heaven somehow.’ Please be very clear, only that which you thought of in your whole life, will come up when you leave the body. Don’t think that at that last moment you can play the game! No! - HDH Bhagavan Sri Nithyananda Paramashivoham, in the book "Living Enlightenment”

LoveHappinessDeathJoyRelationshipsWealthGuruNew BeginningParamahamsa NithyanandaSwamiji
Book:Living Enlightenment
Create image

“Some people think very cleverly, ‘Let me live my whole life the way I want to live. In the last few moments, I will remember god and chant His name and enter heaven somehow.’ Please be very clear, only that which you thought of in your whole life, will come up when you leave the body. Don’t think that at that last moment you can play the game! No! - HDH Bhagavan Nithyananda Paramashivoham, Living Enlightenment”

HappinessWealthRelationshipSolutionsJobProblemsHelpGuruParamahamsa NithyanandaSwamiji
Book:Living Enlightenment
Create image

“பயன்மரம் உள்ளூர்ப் பழுத்தற்றால் செல்வம் நயனுடை யான்கண் படின். (குறள் எண்:216) (பொருள்: பயன்தரக்கூடிய மரம் ஊர் நடுவே பழுத்தால் எல்லோருக்கும் பயன் தருவதைப் போல, நற்பண்பு உடையவரிடம் சேரும் செல்வம் எல்லோருக்கும் பயனளிக்கும்.)”

WealthMoney
Author:Thiruvalluvar
Create image

“The outer is ordained for the sake of the inner; economic goods are instrumental--sicut quaedam adminicula, quibus adjuvanur ad tendendum in beatitudinum. ‘It is lawful to desire temporal blessings, not putting them in the first place, as though setting up our rest in them, but regarding them as aids the blessedness, inasmuch as they support our corporal life and serve as instruments for acts of virtue.’ Riches, as St. Antonino says, exist for man not man for riches.”

ReligionWealthSocietyEthicsCapitalism
Author:RH Tawney
Create image