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Economy Quotes

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Economy Quotes

“The essence of capitalism is expressed in two of its basic features: a) profit maximization and b) market competition. In their abstract formulations none of them was supposed to have anything conspiratorial against the poor. But in real life they turn out to be the "killers" of the poor - by making rich the richer and poor the poorer.”

TwoRealTurnsPoliticsPoorEconomyRichCapitalismEssenceCompetitionProfitReal LifeFeaturesAbstractLiberalismKillersProfit Maximization
Author:Muhammad Yunus
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“A genuine Left doesn't consider anyone's suffering irrelevant or titillating; nor does it function as a microcosm of capitalist economy, with men competing for power and status at the top, and women doing all the work at the bottom.... Goodbye to all that.”

MenDoeSufferingLeftEconomyFunctionBottomGenuineLiberalismGoodbyeCapitalistCompetingIrrelevantMicrocosmCapitalist Economy
Book:The Word of a Woman: Feminist Dispatches
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“Any single man must judge for himself whether circumstances warrant obedience or resistance to the commands of the civil magistrate; we are all qualified, entitled, and morally obliged to evaluate the conduct of our rulers. This political judgment, moreover, is not simply or primarily a right, but like self-preservation, a duty to God. As such it is a judgment that men cannot part with according to the God of Nature. It is the first and foremost of our inalienable rights without which we can preserve no other.”

MenFirstsSelfWisdomAmericaPoliticalPoliticsEconomyRightsJudgingDutyCircumstancesJudgmentGunResistanceCommandObediencePreservesLiberalismRulersEntitledGun ControlPreservationObligedQualifiedEvaluateSelf PreservationWarrantsMagistratesSingle ManInalienable RightsDuty To God
Author:John Locke
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“Property is surely a right of mankind as real as liberty. Perhaps, at first, prejudice, habit, shame or fear, principle or religion, would restrain the poor from attacking the rich, and the idle from usurping on the industrious; but the time would not be long before courage and enterprise would come, and pretexts be invented by degrees, to countenance the majority in dividing all the property among them, or at least, in sharing it equally with its present possessors.”

FirstsLongRealPoliticsPoorLibertyPrinciplesEconomyRichMankindHabitDegreesPrejudiceShameMajorityPropertyLiberalismEnterpriseIdleAttackingCountenanceDividingPretextIndustrious
Book:The Works of John Adams Vol. 6: Defence of the Constitution IV, Discourses on Davila
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“Suppose a nation, rich and poor, high and low, ten millions in number, all assembled together; not more than one or two millions will have lands, houses, or any personal property; if we take into the account the women and children, or even if we leave them out of the question, a great majority of every nation is wholly destitute of property, except a small quantity of clothes, and a few trifles of other movables.”

IfsChildrenTwoTogetherHousePoliticsNationsPoorNumbersMillionsEconomyRichLandTenClothesLowsAccountsMajorityPropertyLiberalismQuantityTriflesRich And PoorDestituteHighs And Lows
Book:The Works of John Adams, Second President of the United States: With a Life of the Author, Notes and Illustrations
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“If "Thou shalt not covet," and "Thou shalt not steal," were not commandments of Heaven, they must be made inviolable precepts in every society, before it can be civilized or made free.”

IfsMadePoliticsHeavenEconomyCapitalismEconomicsStealingLiberalismCivilizedCommandmentsFoundingPrivate PropertyOur Founding FathersProperty RightsUs Founding FathersFounding AmericaReligion And GovernmentCapitalism And Socialism
Book:The Political Writings of John Adams
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“Property must be secured or liberty cannot exist. But if unlimited or unbalanced power of disposing property, be put into the hands of those who have no property, France will find, as we have found, the lamb committed to the custody of the world. In such a case, all the pathetic exhortations and addresses of the national assembly to the people, to respect property, will be regarded no more than the warbles of the songsters of the forest.”

PeopleIfsWorldHandsFoundPoliticsLibertyCasesEconomyPropertyCommittedForestsFranceLiberalismAddressesUnlimitedPatheticAssemblyLambsSecuredCustodyUnbalanced
Author:John Adams
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“We may... affirm that the balance of power in a society accompanies the balance of property in land. The only possible way, then, of preserving the balance of power on the side of liberty and public virtue is to make the acquisition of land easy to every member of society; to make a division of the land into small quantities, so that the multitude may be possessed of landed estates.”

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Book:John Adams Speaking: Pound's Sources for the Adams Cantos
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“If the multitude is possessed of the balance of real estate, the multitude will have the balance of power, and in that case the multitude will take care of the liberty, virtue, and interest of the multitude in all acts of government.”

IfsRealGovernmentCarePoliticsInterestLibertyCasesEconomyVirtueBalanceTake CareLiberalismPossessedMultitudesEstatesBalance Of Power
Book:The Works of John Adams, Second President of the United States: With a Life of the Author, Notes and Illustrations
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“Whensoever, therefore, the legislative shall transgress this fundamental rule of society, and either by ambition, fear, folly, or corruption, endeavour to grasp themselves, or put into the hands of any other, an absolute power over the lives, liberties, and estates of the people, by this breach of trust they forfeit the power the people had put into the hands... and it devolves to the people, who have a right to resume their original liberty, and... provide for their own safety and security.”

PeopleHandsPoliticsLibertyEconomySecurityAmbitionAbsolutesOriginalsSafetyFundamentalsCorruptionFollyLiberalismEstatesProperty RightsEndeavourResumesBreachForfeitAbsolute PowerSafety And SecurityBreach Of Trust
Book:Two Treatises of Government: With a Supplement, Patriarcha, by Robert Filmer
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“Ask any rich man of common prudence to which of the two sorts of people he has lent the greater part of his stock, to those who, he thinks, will employ it profitably, or to those who will spend it idly, and he will laugh at you for proposing the question.”

PeopleThinkingMenTwoAsksPoliticsCommonLaughingEconomyRichGreaterLiberalismPrudenceRich Man
Book:An Inquiry Into the Nature and Causes of the Wealth of Nations With a Life of the Author: Also a View of the Doctrine of Smith, Compared with that of the French Economists, with a Method of Facilitating the Study of His Works, from the French of M. Jariner
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“If wealth is accumulated in the hands of a few, either by a feudal or a stock monopoly, it carries the power also; and a government becomes as certainly aristocratical, by a monopoly of wealth, as by a monopoly of arms. A minority, obtaining a majority of wealth or arms in any mode, becomes the government.”

IfsHandsGovernmentPoliticsWealthEconomyArmsMajorityLiberalismMinoritiesCarrieMonopolyObtaining
Book:An Inquiry Into the Principles and Policy of the Government of the United States
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“A disordered currency is one of the greatest political evils. It undermines the virtues necessary for the support of the social system, and encourages propensities destructive to its happiness. It wars against industry, frugality, and economy, and it fosters the evil spirits of extravagance and speculation.”

WarWisdomPoliticalSpiritEvilPoliticsSocialSupportEconomyVirtueIndustryLiberalismDestructiveCurrencySpeculationExtravagancePropensityFrugalitySocial SystemsEvil SpiritsGreatest Political
Book:Speeches in the convention to amend the constitution of Massachusetts ; Speeches in Congress
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“It would seem, then, to be the part of political wisdom to found government on property; and to establish such distribution of property, by the laws which regulate its transmission and alienation, as to interest the great majority of society in the protection of the government.”

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Book:Speeches and Forensic Arguments
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“The freest government, if it could exist, would not be long acceptable, if the tendency of the laws were to create a rapid accumulation of property in a few hands, and to render the great mass of the population dependent and penniless.”

IfsLongHandsGovernmentLawPoliticsEconomyMassPropertyPopulationTendenciesLiberalismDependentAcceptableRapidsAccumulation
Book:The Great Speeches and Orations of Daniel Webster
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