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Company Quotes

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Company Quotes

“The national debt has given rise to joint stock companies, to dealings in negotiable effects of all kinds, and to agiotage , in a word to stock-exchange gambling and the modern bankocracy .”

Kind Given Company Modern Effects Debt All Kinds Gambling Joints Dealings National Debt Stock Exchange Joint Stock Company

Book:Capital: A Critique of Political Economy - The Process of Capitalist Production

Source: Capital: A Critique of Political Economy - The Process of Capitalist Production

“The aggregate capital appears as the capital stock of all individual capitalists combined. This joint stock company has in common with many other stock companies that everyone knows what he puts in, but not what he will get out of it.”

Knows Individual Common Company Capitalist Joints Joint Stock Company

Book:Capital: A Critical Analysis of Capitalist Production

Source: Capital: A Critical Analysis of Capitalist Production

“It is quite possible that future generations will look upon arguments about the inferiority of the socialist plan as we look upon Adam Smith's argument about joint stock companies which, also, were simply false.”

Looks Company Plans Generations Argument Look Up Adam Socialist Joints Future Generation Inferiority Joint Stock Company

Book:Capitalism, Socialism and Democracy

Source: Capitalism, Socialism and Democracy

“Excessively precise economic analysis can lead to assessing everything in terms of its easily measurable melt value - the value that thieves get from stealing copper wiring from isolated houses, that vandals got from tearing down Greek temples for the lead joints holding the marble blocks together, that shortsighted timber companies get from liquidating their forests. The standard to insist on is live value. What is something worth when it's working?”

Together Values House Term Company Economic Standards Stealing Forests Block Analysis Greek Temples Isolated Thieves Precise Joints Marble Copper Timber Wiring Assessing Vandals

Author:Stewart Brand

“With joint-stock corporations, investors can place bets on the success of many different companies, without having to play a central management role in any one of them. This allows investors to diversify their financial holdings. It also allows them to capture profits on their investments, without having to get involved in the dirty, troublesome business of actually running a company.”

Different Play Running Company Roles Involved Management Investment Financial Profit Dirty Corporations Capture Investors Joints Get Involved Troublesome

Book:Economics for everyone: a short guide to the economics of capitalism

Source: Economics for everyone: a short guide to the economics of capitalism

“That a joint stock company should be able to carry on successfully any branch of foreign trade, when private adventurers can come into any sort of open and fair competition with them, seems contrary to all experience.”

Should Seems Able Company Fairs Trade Competition Contrary Branches Joints Adventurer Foreign Trade Joint Stock Company

Book:An inquiry into the nature and causes of the wealth of nations

Source: An inquiry into the nature and causes of the wealth of nations