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Economy Quotes

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Economy Quotes

“At times like the present, when the evils of unsound finance threaten us, the speculator may anticipate a harvest gathered from the misfortune of others, the capitalist may protect himself by hoarding or may even find profit in the fluctuations of values; but the wage earner - the first to be injured by a depreciated currency and the last to receive the benefit of its correction - is practically defenseless.”

FirstsMayWisdomLastsValuesEvilPoliticsEconomyProtectBenefitsProfitFinanceLiberalismMisfortunesCapitalistCurrencyHarvestInjuredAnticipateProperty RightsCorrectionsHoardingDefenselessFluctuationSpeculatorsMisfortunes Of Others
Book:Special message, August 8th, 1893. Extract from third annual message, December 2nd, 1895
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“The broad rich acres of our agricultural plains have been long preserved by nature to become her untrammeled gift to a people civilized and free, upon which should rest, in well-distributed ownership, the numerous homes of enlightened, equal, and fraternal citizens... Nor should our vast tracts of so-called desert lands be yielded up to the monopoly of corporations or grasping individuals, as appears to be much the tendency under the existing statute.”

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Author:Grover Cleveland
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“The wage earner relies upon the ventures of confident and contented capital. This failing him, his condition is without alleviation, for he can neither prey on the misfortune of others nor hoard his labor.”

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Book:Special message, August 8th, 1893. Extract from third annual message, December 2nd, 1895
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“Freedom is not an empty sound; it is not an abstract idea; it is not a thing that nobody can feel. It means, - and it means nothing else, - the full and quiet enjoyment of your own property. If you have not this, if this be not well secured to you, you may call yourself what you will, but you are a slave.”

IfsFeelsWellsMayMeanIdeasWisdomPoliticsSoundEconomyQuietEmptyPropertySlaveEnjoymentAbstractLiberalismSecured
Book:A History of the Protestant Reformation in England and Ireland
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“You may twist the word freedom as long as you please, but at last it comes to quiet enjoyment of your own property, or it comes to nothing. Why do men want any of those things that are called political rights and privileges? Why do they, for instance, want to vote at elections for members of parliament? Oh! Because they shall then have an influence over the conduct of those members. And of what use is that? Oh! Then they will prevent the members from doing wrong.”

MenWantMayLongUseLastsPoliticalPoliticsEconomyRightsInfluencePleaseQuietMembersVoteElectionPropertyPrivilegeInstanceEnjoymentLiberalismTwistsParliamentPolitical RightsRights And PrivilegesMembers Of Parliament
Book:A History of the Protestant Reformation in England and Ireland
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“The real causes of terrorism are not poverty and oppression per se, but rather the bankruptcy of materialist ideologies, like Neo-Conservatism, which promise much but deliver little. The central doctrine of Neo-Conservatism is "democratic capitalism." This is the ultimate oxymoron, because in practice the political pluralism that should underlie democracy cannot exist in a climate of economic plutocracy.”

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Author:Robert Dickson Crane
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“Political monopoly and economic monopoly are two sides of the same coin, two heads of the same monster. Despite all the claims to the contrary, the essential ideology of Neo-Conservatism is to preserve the status quo, with all of its injustices. Its public relations experts call for "freedom and democracy" without a framework of higher values. They fail to comprehend the need for a paradigm of justice and therefore are blind to what concerns most of the people in the world. This failure is the taproot of terrorism.”

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Author:Robert Dickson Crane
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“Historically the great movements for human liberation have always been movements to change institutions and not to preserve them intact. It follows from what has been said that there have been movements to bring about a changed distribution of power to do - and power to think and to express thought is a power to do- so that there would be a more balanced, a more equal, even, and equitable system of human liberties.”

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Book:The Later Works, 1925-1953
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“Power and those in control concede nothing ... without a demand. Hey never have and never will... Each and every one of us must keep demanding, must keep fighting, must keep thundering, must keep plowing, must keep on keeping things struggling, must speak out and speak up until justice is served because where there is no justice there is no peace.”

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Author:Frederick Douglass
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“There is the general belief that the corporation income tax is a tax on the "rich" and on the "fat cats." But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.”

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Author:Peter Drucker
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“We know that the only alternative to private competition is government monopoly of enterprise. We know that when government monopolizes production, distribution, and employment, it is no longer the servant of men - it is their master. And, therefore, we know that economic liberty and political liberty are inseparable parts of the same ball of wax - that we must keep them both, or we shall lose them both.”

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Author:Benjamin Franklin Fairless
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“We will have to choose not between color nor race nor religion nor between East and West either, but simply between being slaves and being free. And we will have to choose completely and for good; the time is already past now when we can choose a little of each, a little of both. We can choose a state of slavedom, and if we are powerful enough to be among the top two or three or ten, we can have a certain amount of license - until someone more powerful rises and has us machine-gunned against a cellar wall.”

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Book:Essays, Speeches & Public Letters
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“Here is an educational bombshell: Take from all of today's industrial nations all their industrial machinery and all their energy-distributing networks, and leave them all their ideologies, all their political leaders, and all their political organizations, and I can tell you that within six months, two billion people will die of starvation, having gone through great pain and deprivation along the way.”

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Author:R. Buckminster Fuller
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“U.S. labor leaders will realize that automation can multiply man's wealth far more rapidly than it is multiplying at present and that automation will leave all men free to search and research... Realizing the direct competition with foreign industry on a straight labor basis will mean swiftly decreasing wages per hour and longer hours and decreasing buying power of the public.”

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Author:R. Buckminster Fuller
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“The effect of the corporation, under the prevailing policy of the free, go-as-you-please method of organization and management, has been to drive the bulk of our people, other than farmers, out of property ownership; and, if allowed to go on as present, it will keep them out... The paramount problem is not how to stop the growth of property, and the building up of wealth, but how to manage it so that every species of property, like a healthy growing tree will spread its roots deeply and widely in the soil of a popular proprietorship.”

PeopleIfsHas BeensProblemPoliticsGrowthWealthEconomyGrowingTreeEffectsPolicyBuildingGoes OnPleaseHealthyRootsOrganizationManagementMethodPropertySpeciesSpreadManageCorporationsSoilLiberalismFarmersOwnershipPrevailingParamountBuilding UpProperty OwnershipGrowing Tree
Author:Peter S. Grosscup
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“The paramount problem... is how to make this new form of property ownership a workable agent toward repeopleizing the proprietorship of the country's industries. Open to the wage-earner of the country the road to proprietorship... not as a gratuity, but as their proper allotment out of the combined forces that have made the enterprise successful.”

MadeCountryProblemFormPoliticsForceEconomySuccessfulIndustryPropertyAgentsLiberalismEnterpriseOwnershipParamountAllotmentsProperty OwnershipGratuity
Author:Peter S. Grosscup
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“It is also true that the less possible it becomes for a man to acquire a new fortune, the more must the existing fortunes appear as privileges for which there is no justification. Policy is then certain to aim at taking these fortunes out of private hands, either by the slow process of heavy taxation of inheritance or by the quicker one of outright confiscation. A system based on private property and control of the means of production presupposes that such property and control can be acquired by any successful man.”

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Author:Friedrich August von Hayek
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