“My job was to teach the whole corpus of economic theory, but there were two subjects in which I was especially interested, namely, the economics of mass unemployment and international economics.” TwoWholeJobsTeachEconomicSubjectsTheoryMassEconomicsInternationalUnemploymentEconomic TheoryCorpus Author:James Meade
“Overconsumption is a "cancer eating away at our spiritual vitals." It cuts the heart right out of our compassion. It distances us from the great masses of broken bleeding humanity. It converts us into materialists. We become less able to ask moral questions. For example, just because we have the economic muscle to buy up vast amounts of the world's oil, does that give us the right to do so? When the poor farmer of India is unable to buy a gallon of gasoline to run his simple water pump because the world's demand has priced him out of the market, who is to blame?” WorldGivingHeartDoeRunningAbleSpiritualHumanityAsksWaterSimplePoorCompassionMoralCuttingEconomicExampleBrokenAmountDemandEatingMassIndiaBlameDistanceCancerOilMusclesFarmersConsumerismBleedingPumpsOverconsumptionGasolineGallons Author:Richard J. Foster
“I don't think one can accurately measure the historical effectiveness of a poem; but one does know, of course, that books influence individuals; and individuals, although they are part of large economic and social processes, influence history. Every mass is after all made up of millions of individuals.” ThinkingKnowsDoeMadeBookCoursesIndividualSocialProcessMillionsInfluenceEconomicMassHistoricalEffectiveness Book:Light Up the Cave Source: Light Up the Cave
“I imagine you already know that I am much more socialistic in my economic theory than capitalistic. And yet I am not so opposed to capitalism that I have failed to see its relative merits. It started out with a noble and high motive, to block the trade monopolies of nobles, but like most human systems it falls victim to the very thing it was revolting against. So today capitalism has outlived its usefulness. It has brought about a system that takes necessities from the masses to give luxuries to the classes.” KnowsGivingHumansTodayFallClassImagineEconomicTheoryMassCapitalismVictimTradeNobleBlockLuxuryMeritMotiveRelativeMonopolyUsefulnessEconomic Theory Author:Martin Luther King, Jr.
“The anarchists put the thing upside down. They declare that the proletarian revolution must begin by doing away with the political organization of the state. But to destroy it at such a moment would be to destroy the only organism by means of which the victorious proletariat can assert its newly-conquered power, hold down its capitalist adversaries, and carry out that economic revolution of society without which the whole victory must end in a new defeat and a mass slaughter of the workers similar to those after the Paris commune.” MeanEndsStatesWholeMomentsWould BePoliticalEconomicRevolutionVictoryMassOrganizationWorkersDefeatParisAnarchyCapitalistOrganismsAdversariesAnarchismAnarchistSlaughterUpside DownProletariatCommunesThings Upside Down Author:Friedrich Engels
“By putting the means of production into the hands of the masses but withholding from those same masses any ownership over the product of their work, Web 2.0 provides an incredibly efficient mechanism to harvest the economic value of the free labor provided by the very, very many and concentrate it into the hands of the very, very few.” MeanHandsValuesEconomicProductsMassLaborProductionsMechanismEfficientOwnershipHarvestWithholdingEconomic ValueWeb 2.0 Author:Nicholas G. Carr
“Radicals, on the other hand, want to advance from the jungle of laissez-faire capitalism to a world worthy of the name of human civilization. They hope for a future where the means of economic production will be owned by all of the people instead of just a comparative handful. They feel that this minority control of production facilities is injurious to the large masses of people not only because of economic monopolies but because the political power inherent in this form of centralized economy does not augur for an ever expanding democratic way of life.” PeopleWorldWayWantFeelsHumansMeanDoeHandsFormPoliticalPoliticsNamesEconomyEconomicCivilizationMassCapitalismDemocraticProductionsWorthyRadicalLiberalismMinoritiesInherentExpandingJungleMonopolyHandfulFacilityPolitical PowerLaissez FaireHuman CivilizationLaissez Faire Capitalism Author:Saul Alinsky
“But if we are to retain freedom, then we can only do so by keeping the determining mass of the citizens the possessors of property with personal control over it, as individuals or as families. For property is the necessary condition of economic freedom in the full sense of that term. He that has not property is under economic servitude to him who has property, whether the possessor of it be another individual or the State.” IfsStatesWisdomPoliticsIndividualTermEconomyEconomicConditionsCitizensMassPropertyLiberalismOver ItServitudeEconomic Freedom Book:The Crisis Of Civilization Source: The Crisis Of Civilization
“Coupled with Usury, Unrestricted Competition destroys the small man for the profit of the great and in so doing produces that mass of economically unfree citizens whose very political freedom comes in question because it has no foundation in any economic freedom, that is, any useful proportion of property to support it. Political freedom without economic freedom is almost worthless, and it is because the modern proletariat has the one kind of freedom without the other that its rebellion is now threatening the very structure of the modern world.” MenWorldKindWisdomPoliticalSupportEconomicModernProduceCitizensMassFoundationStructureCompetitionPropertyProfitProportionRebellionThreateningWorthlessModern WorldProletariatEconomic FreedomPolitical FreedomSmall ManUsuryUnfree Author:Hilaire Belloc
“The White House has finally found one guy that kinda remembers serving with President Bush in the National Guard. Now they just need to find someone who remembers Bush working on an economic plan. ... I think the White House spent more money looking for this guy than finding weapons of mass destruction.” ThinkingNeedsRememberGuyFoundHousePresidentWhitePlansEconomicFindingsWeaponsMassDestructionServingWhite HouseMore MoneyThis GuyPresident BushWeapons Of Mass DestructionMass DestructionNational Guard Author:Jay Leno
“In the current economic situation, the temptation for the more dynamic economies is that of chasing after advantageous alliances that, nevertheless, can have harmful effects for poorer states, prolonging situations of extreme mass poverty of men and women and using up the earth's natural resources, entrusted to man by God the Creator-as Genesis says-that he might cultivate and protect it.” MenStatesMightEarthNaturalSituationPovertyEconomyEconomicEffectsProtectMassMen And WomenResourcesCurrentsCreatorExtremesTemptationNeverthelessConsumerismChasingAlliancesGenesisNatural ResourcesOverconsumptionProlonging Author:Pope Benedict XVI
“So-called Individualism is the social and economic laissez-faire: the exploitation of the masses by the classes by means of legal trickery, spiritual debasement and systematic indoctrination of the servile spirit, which process is known as 'education'.” MeanSpiritualSpiritSocialProcessKnownClassEconomicMassIndividualismExploitationSystematicIndoctrinationLaissez FaireTrickery Book:Red Emma Speaks: An Emma Goldman Reader Source: Red Emma Speaks: An Emma Goldman Reader
“Until the 1930s, the Constitution served as a major constraint on federal economic interventionism. The government's powers were understood to be just as the framers intended: few and explicitly enumerated in our founding document and its amendments. Search the Constitution as long as you like, and you will find no specific authority conveyed for the government to spend money on global-warming research, urban mass transit, food stamps, unemployment insurance, Medicaid, or countless other items in the stimulus package and, even without it, in the regular federal budget.” LongGovernmentEconomicAuthorityMajorsMassResearchUnderstoodConstitutionBudgetsGlobal WarmingAmendmentsUrbanDocumentsUnemploymentFoundingStampsItemsPackagesStimulusConstraints1930sFramersFood StampsMedicaidInterventionismMass Transit Author:Robert Higgs
“The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: Si monumentum requires, circumspice.” PeopleThinkingWayNeedsSpeakSocialResultsEconomyEconomicFiguresTruth IsMassStandardsCapitalismHistoricalPopulationBeneficialUnprecedentedStandards Of LivingEpitaphMarket EconomySocial SystemsPropagandistWrens Author:Ludwig von Mises
“Capitalism is going to deal itself out of existence, but before it does that, you're gonna pay $50 for a latte, because inflation is going impoverish all of us before people get pissed off enough to realize that all of the last hundred years of economic progress was actually a shell game to create billionaires, while the great masses of people saw their standard of living eroded and destroyed.” PeopleYearsDoeEnoughLastsGamesRealizingDealsPayExistenceSawsProgressEconomicMassStandardsHundredCapitalismDestroyedShellsInflationBillionaireStandards Of LivingPissed OffLattesEconomic Progress Author:Terence McKenna
“Tom Walls' buddies remain an isolated minority, except during times of economic or social stress, when a mass following develops to blame cranky sociopaths for the problems besetting society. If it weren't for brown-nosing evil firebrands, he would have no friends. The ideas backing up his rejoinders are extremely superficial and sex-crazed.” IfsIdeasProblemEvilSocialSexEconomicWallMassStressBlameFollowingBrownMinoritiesIsolatedTomsSuperficialBuddySociopathNo FriendsCrankyBacking Up Author:Linda Chavez