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Economy Quotes

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Economy Quotes

“In the modern world, we Americans are the old inhabitants. We first had political freedom, high industrial production, an economy of abundance.”

World Firsts Political Economy Modern Productions Abundance Modern World Political Freedom

Book:Growing Up Absurd: Problems of Youth in the Organized Society

Source: Growing Up Absurd: Problems of Youth in the Organized Society

“People began to understand that with the acquisition of California the nation had obtained practically half a continent, of which the future possibilities were almost unlimited, so far as the development of natural resources and the genera production of wealth were concerned.”

People Nations Natural Wealth Half Economy Possibility Development Resources Concerned Productions California Continents Unlimited Acquisition Natural Resources Future Possibilities

Book:The Railroad Builders: A Chronicle of the Welding of the States

Source: The Railroad Builders: A Chronicle of the Welding of the States

“From the 1970s, there has been a significant change in the US economy, as planners, private and state, shifted it toward financialization and the offshoring of production, driven in part by the declining rate of profit in domestic manufacturing.”

Has Beens States Economy Rate Profit Productions Driven Significant Manufacturing Planners Significant Change

Author:Noam Chomsky

“I am not a believer in large salaries. I hold that every man should be paid for personal production. Our big men at Bethlehem seldom get salaries of over one hundred dollars a week; but all of them receive bonuses computed entirely on the efficiencies and the economies registered in their departments.”

Men Should Bigs Economy Week Hundred Paid Dollars Productions Believer Every Man Department Efficiency Salary Bonus Bethlehem

Book:Succeeding With What You Have

Source: Succeeding With What You Have

“By fashion and built-in obsolescence the economies of machine production, instead of producing leisure and durable wealth, are duly cancelled out by the mandatory consumption on an even larger scale.”

Wealth Economy Fashion Built Machines Productions Scales Leisure Consumption Obsolescence

Author:Lewis Mumford