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Economic Quotes

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Economic Quotes

“Let us then repeat and firmly fix this main point: the evil, the root evil, of that to which the term Capitalism has come to be applied, is neither its functioning for profit nor its dependence upon legally protected private property; but the presence of a Proletariat, that is of men possessing political freedom, but dispossessed of economic freedom, and existing in such large numbers in any community as to determine the tone of all that community.”

MenWisdomPoliticalEvilPoliticsTermCommunityNumbersEconomyEconomicCapitalismRootsPropertyDetermineProfitToneRepeatsLiberalismProtectedDependencePossessingPrivate PropertyLarge NumbersProletariatEconomic FreedomPolitical Freedom
Book:The Crisis Of Civilization
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“Liberalism is a force truly of the spirit proceeding from the deep realization that economic freedom cannot be sacrificed if political freedom is to be preserved.”

IfsWisdomPoliticalSpiritPoliticsForceEconomyEconomicRealizationLiberalismProceedingEconomic FreedomPolitical FreedomRugged Individualism
Book:Herbert Hoover: Containing the Public Messages, Speeches, and Statements of the President
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“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
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“The royalists of the economic order have conceded that political freedom was the business of the government, but they have maintained that economic slavery was nobody's business. They granted that the government could protect the citizen in his right to vote, but they denied that the government could do anything to protect the citizen in his right to work and his right to live. Today we stand committed to the proposition that freedom is no half-and-half affair. If the average citizen is guaranteed equal opportunity in the polling place, he must have equal opportunity in the market place.”

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Book:The Essential Franklin Delano Roosevelt
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