“Under fascism, citizens retain the responsibilities of owning property, without freedom to act and without any of the advantages of ownership. Under socialism, government officials acquire all the advantages of ownership, without any of the responsibilities, since they do not hold title to the property, but merely the right to use it -- at least until the next purge. In either case, the government officials hold the economic, political and legal power of life or death over the citizens.” UseGovernmentPoliticalNextResponsibilityCasesEconomicCitizensAdvantagePropertySocialismTitlesOfficialsAcquireFascismOwnershipLife Or DeathGovernment Officials Author:Ayn Rand
“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
“Capital, and the question of who owns it and therefore reaps the benefit of its productiveness, is an extremely important issue that is complementary to the issue of full employment... I see these as twin pillars of our economy: Full employment of our labor resources and widespread ownership of our capital resources. Such twin pillars would go a long way in providing a firm underlying support for future economic growth that would be equitably shared.” WayLongImportantWisdomWould BePoliticsGrowthSupportEconomyIssuesEconomicBenefitsResourcesLaborEmploymentFirmLiberalismProvidingOwnershipTwinsLong WayEconomic GrowthReapPillarsImportant IssuesComplementary Author:Hubert H. Humphrey
“One of the proven ways of getting workers more involved with their jobs is by dovetailing employee profit-sharing and stock ownership plans with greater responsibility sharing... Trade unions in this country should... consider these arrangements much more carefully than they have up to now... Expanded employee profit participation and stock ownership would provide workers with a greater measure of economic and social independence, thus stimulating increased productivity.” WayShouldCountryWisdomJobsPoliticsSocialResponsibilityEconomyGreaterPlansEconomicInvolvedIndependenceTradeUnionsWorkersProfitProductivityLiberalismEmployeeOwnershipArrangementsProvenParticipationTrade UnionsProfit Sharing Author:Jacob K. Javits
“There are but three political-economic roads from which we can choose... We could take the first course and further exacerbate the already concentrated ownership of productive capital in the American economy. Or we could join the rest of the world by taking the second path, that of nationalization. Or we can take the third road, establishing policies to diffuse capital ownership broadly, so that many individuals, particularly workers, can participate as owners of industrial capital. The choice is ours.” WorldFirstsPoliticalChoicesThreeCoursesPoliticsIndividualEconomyPathEconomicPolicyThirdsWorkersLiberalismProductiveOwnersOwnershipAmerican Economy Author:Russell B. Long
“Our economic assistance must be carefully targeted, and must make maximum use of the energy and efforts of the private sector... Economic freedom is the world's mightiest engine for abundance and social justice... Developing countries need to be encouraged to experiment with a growing variety of arrangements for profit sharing and expanded capital ownership.” WorldNeedsCountryUseWisdomPoliticsEnergySocialJusticeEffortEconomyGrowingEconomicSocial JusticeProfitExperimentsVarietyDevelopingAbundanceLiberalismEnginesOwnershipArrangementsAssistanceMaximumPrivate SectorBe EncouragedDeveloping CountriesEconomic FreedomProfit Sharing Book:Ronald Reagan Source: Ronald Reagan
“Taxation has its limitations as a method of achieving better economic distribution since for this purpose it is essentially remedial. We must also take a positive approach by finding new ways to spread ownership of future capital growth more broadly in our society.” WayWisdomPurposePoliticsGrowthEconomyEconomicAchieveFindingsApproachMethodSpreadLimitationLiberalismOur SocietyOwnershipNew WaysDistributionTaxation Book:The second American revolution: some personal observations Source: The second American revolution: some personal observations
“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
“Few concepts are as basic as the role of workers in our economic structure and their participation in equity ownership.” WisdomPoliticsRolesEconomyEconomicConceptsStructureWorkersLiberalismOwnershipParticipationEquity Author:Robert S. Strauss
“Turkey is going through an incredible economic, political and social transformation. What is most important is that Turkey has been the owner of this transformation. Ownership has been the key to success.” Has BeensImportantPoliticalSocialEconomicKeysTransformationIncrediblesOwnersOwnershipKey To SuccessTurkeysSocial Transformation Author:Ali Babacan