“Had there been any existent vital and energetic institution left in Society after the Reformation for the use of small property in coordinated form-that is, in combination, so that the average man's holding could be put to useful purpose in company with the holdings of a great number of other men of his own sort, the new evils would not have arisen.” MenUseWisdomFormPurposeEvilPoliticsLeftNumbersCompanyEconomyInstitutionsPropertyAverageCombinationLiberalismReformationEnergeticAverage Man Book:The Crisis Of Civilization Source: The Crisis Of Civilization
“When the mass of families in a State are without property, then those who were once citizens become virtually slaves. The more the State steps in to enforce conditions of security and sufficiency; the more it regulates wages, provides compulsory insurance, doctoring, education, and in general takes over the lives of the wage-earners, for the benefit of the companies and men employing the wage-earners, the more is this condition of semi-slavery accentuated.” MenStatesWisdomPoliticsCompanyStepsEconomyConditionsSecurityCitizensBenefitsMassSlaveryPropertySlaveLiberalismWagesSufficiencyCompulsoryEmployingDoctoring Author:Hilaire Belloc
“A capitalist is someone who derives a substantial share of his income from his equity in producing companies. On this scale the figures are discouraging. Approximately ninety percent of the capital of this country is owned by five or less percent of the American people.” PeopleCountryWisdomPoliticsCompanyEconomyFiveShareFiguresPercentScalesIncomeLiberalismCapitalistEquityNinetyDiscouraging Author:William F. Buckley, Jr.
“Thus a new way of finding fluidity will inevitably be imposed on management and labor alike. The profit-sharing, or "progress" sharing union contract is the only possible way of satisfying labor and the consumer without saddling industry with fixed costs that in depression periods can kill off marginal companies like flies.” WayWisdomPoliticsCompanyEconomyProgressIndustryPeriodsCostFindingsLaborManagementUnionsProfitConsumersFixedLiberalismContractsSatisfyingNew WaysFluidityProfit Sharing Author:John Chamberlain
“With conglomerates selling companies to liquidators, who close down plants and move to non-union areas, it's about time progressive union leaders step in to stop such job-losing tactics... ESOP should become a part of future bargaining packages!” ShouldWisdomJobsMovingPoliticsCompanyLeaderStepsEconomyLosingAreasUnionsPlantSellingLiberalismProgressiveTacticsPackagesBargainingEsops Author:Tom Colicchio
“We felt that the employees would take a greater interest in work if they felt they were part of the company.” IfsWisdomPoliticsFeltInterestCompanyEconomyGreaterLiberalismEmployee Author:William Redington Hewlett
“We preach free enterprise capitalism. We believe in it, we give our lives in war for it, but the closest most of us come to profiting from it are a few miserable shares of stock in a company that doesn't pay large enough dividends to keep a small mouse in cheese. The truth is, most of us are job serfs. At a time when invested capital returns 20 to 30 percent, we have no capital. We only have our wages and salaries, and a debt so high that something like 20c on every dollar we earn is spent to pay off what we owe.” GivingBelieveWarEnoughWisdomJobsPoliticsPayCompanyEconomyOur LivesShareReturnTruth IsPercentCapitalismDollarsDebtMiserableLiberalismEnterpriseClosestCheeseMiceWagesSalaryDividendsFree EnterpriseSerfs Book:Left at the post Source: Left at the post
“... giving tax incentives for more labor ownership of company stock will do more to create jobs and increase productivity than all the "emergency full employment" bills proposed.” GivingWisdomJobsPoliticsCompanyEconomyTaxesLaborIncreaseBillsProductivityEmploymentLiberalismOwnershipEmergenciesIncentives Author:Jack Kemp
“Bring on those tired, labor-plagued, competition-weary companies and ESOP will breathe new life into them. They will find ESOP better than Geritol. It will revitalize what is wrong with capitalism. It will increase productivity. It will improve labor relations. It will promote economic justice. It will save the economic system. It will make our form of government and our concept of freedom prevail over those who don't agree with us.” WisdomGovernmentFormPoliticsJusticeCompanyEconomyEconomicConceptsCapitalismLaborIncreaseRelationAgreeTiredCompetitionBreatheProductivityLiberalismWearyNew LifeForms Of GovernmentEconomic SystemsEconomic JusticeEsops Author:Russell B. Long
“Meanwhile, what about the workers in those state monopolies that are being put up for sale? I am reminded of a technique for employee ownership that has worked well for many U.S. companies. It goes by various names, but the best known is "Employee Stock Ownership Program," or ESOP.” WellsStatesWisdomPoliticsNamesCompanyKnownEconomyProgramWorkersVariousTechniqueLiberalismEmployeeOwnershipMonopolyEsops Author:Ronald Reagan
“Many of the deficiencies of our economic system could be alleviated if ways were found to broaden the ownership of the means of production... This has happened in some companies through ESOPs. Successful approaches of this sort would pay dividends in terms of employee commitment and morale. And they would not deprive anyone of his present holdings since they are based on future growth.” IfsWayMeanWisdomFoundPoliticsGrowthTermPayCompanyEconomySuccessfulHappenedEconomicApproachCommitmentProductionsLiberalismEmployeeOwnershipDeficiencyEconomic SystemsMoraleDividendsFuture GrowthEsops Author:John D. Rockefeller
“Some representatives of monopolistic capitalism, sensing this evil in their system, have tried to silence criticism by pointing to the diffused ownership in the great corporations. They advertise, "No one owns more than 4 percent of the stock of this great company." Or they print lists of stockholders, showing that these include farmers, schoolteachers, baseball players, taxi drivers, and even babies.” EvilPoliticsSilenceCompanyEconomyPlayerBabyPercentCapitalismCriticismBaseballListsCorporationsLiberalismPrintDriversFarmersRepresentativesOwnershipPointingTaxiBaseball PlayerGreat CompanySensing Author:Fulton J. Sheen
“Monopolistic capitalism is to blame for this; it sunders the right to own property from responsibility that owning property involves. Those who own only a few stocks have no practical control of any industry. They vote by postcard proxy, but they have rarely even seen "their" company. The two elements which ought to be inextricably joined in any true conception of private property - ownership and responsibility - are separated. Those who own do not manage; those who manage; those who manage and work do not control or own.” TwoWisdomPoliticsResponsibilityCompanyEconomyIndustryOughtElementsCapitalismVoteBlamePropertyPracticalsManageLiberalismConceptionOwnershipPrivate PropertyPostcardsProxyProperty Ownership Author:Fulton J. Sheen
“I am fascinated to hear of the impact that ESOPs have had on work-force morale in corporations of all sizes such as Sears Roebuck, Potomac Electric Power, Lowe's Companies and the Dow Chemical Company.” WisdomPoliticsForceCompanyEconomyImpactSizeCorporationsLiberalismChemicalsFascinatedElectricMoraleSearsLowesElectric PowerEsops Author:Robert S. Strauss