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Quote by Robert T. Kiyosaki

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Rich Dad Poor Dad: What the Rich Teach Their Kids About Money—That the Poor and Middle Class Do Not!

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Robert T. Kiyosaki

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“In the nineteenth century wealthy families were typically settled, often for several generations, in a given locale. In a nation of wanderers their stability of residence provided a certain continuity. Old families were recognizable as such, especially in the older seaboard cities, only because, resisting the migratory habit, they put down roots. Their insistence on the sanctity of private property was qualified by the principle that property rights were neither absolute nor unconditional. Wealth was understood to carry civic obligations. Libraries, museums, parks, orchestras, universities, hospitals, and other civic amenities stood as so many monuments to upper-class munificence.”

WealthCivic Duty
Book:The Revolt of the Elites and the Betrayal of Democracy
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“The difficulty of limiting the influence of wealth suggests that wealth itself needs to be limited. When money talks, everybody else is condemned to listen. For that reason a democratic society cannot allow unlimited accumulation. Social and civic equality presuppose at least a rough approximation of economic equality. A "plurality of spheres," as Walzer calls it, is eminently desirable, and we should do everything possible to enforce the boundaries among them. But we also need to remember that boundaries are permeable, especially where money is concerned, that a moral condemnation of great wealth must inform any defense of the free market, and that moral condemnation must be backed up with effective political action.”

WealthFreedomDemocracy
Book:The Revolt of the Elites and the Betrayal of Democracy
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