Best economy & wisdom Quotes | Short & Famous Sayings Page 6

“We hold that the ownership of private property is the right and privilege of every American citizen and is one of the foundation stones upon which this nation and its free enterprise system has been built and has prospered. We feel that private property rights and human rights are inseparable and indivisible. Only in those nations that guarantee the right of ownership of private property as basic and sacred under their law is there any recognition of human rights.”

“Some years ago a top Ford official was showing the late Walter Reuther through the very automates plant in Cleveland, Ohio and he said to him jokingly, "Walter, you'll have a hard time collecting union dues from these machines." and Walter said, "you are going to have more trouble trying to sell automobiles to them." Both of them let it stop there. There was a logical answer to that ... the owners of the machines could buy automobiles and if you increase the number of owners you increase the number of consumers.”

“Over hundred years ago Abraham Lincoln signed the Homestead Act. There was wide distribution of land and they didn't confiscate anyone's privately owned land... We need an industrial Homestead Act.”

Needs Years Wisdom Politics Economy Land Hundred Years Ago Wide Liberalism Distribution Abraham Homestead Act

Author:Ronald Reagan

“Could there be a better answer to the stupidity of Karl Marx than millions of workers individually sharing in the ownership of the means of production.”

Mean Wisdom Politics Answers Millions Economy Workers Productions Stupidity Liberalism Ownership

Author:Ronald Reagan

“I've long believed one of the mainsprings of our own liberty has been the widespread ownership of property among our people and the expectation that anyone's child, even from the humblest of families, could grow up to own a business or corporation.”

People Children Long Has Beens Wisdom Politics Grows Liberty Economy Growing Up Expectations Property Corporations Liberalism Ownership Homestead Act

Book:Ronald Reagan

Source: Ronald Reagan

“Meanwhile, what about the workers in those state monopolies that are being put up for sale? I am reminded of a technique for employee ownership that has worked well for many U.S. companies. It goes by various names, but the best known is "Employee Stock Ownership Program," or ESOP.”

Wells States Wisdom Politics Names Company Known Economy Program Workers Various Technique Liberalism Employee Ownership Monopoly Esops

Author:Ronald Reagan

“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.”

Source: Ronald Reagan

“Our Founding Fathers well understood that concentrated power is the enemy of liberty and the rights of man. They knew that the American experiment in individual liberty, free enterprise and republican self-government could succeed only if power were widely distributed. And since in any society social and political power flow from economic power, they saw that wealth and property would have to be widely distributed among the people of the country. The truth of this insight is immediately apparent.”

“Could there be anything resembling a free enterprise economy, if wealth and property were concentrated in the hands of a few, while the great majority owned little more than the shirts on their backs?”

Ifs Littles Wisdom Hands Politics Wealth Economy Majority Property Shirts Liberalism Enterprise Free Enterprise

Author:Ronald Reagan

“Could there be anything but widespread misery, where a privileged few controlled a nation's wealth, while millions labored for a pittance, and millions more were desperate for want of employment?”

Want Wisdom Politics Nations Wealth Millions Economy Misery Employment Desperate Liberalism Controlled Privileged

Author:Ronald Reagan

“It should be clear to everyone that the nation's steadfast policy should afford every American of working age a realistic opportunity to acquire the ownership and control of some meaningful form of property in a growing national economy.”

“Today it is difficult to find leaders who are independent of the forces that have brought us our problems: The Congress, the bureaucracy, the lobbyists, big business, and big labor.”

Problem Wisdom Bigs Today Politics Force Difficult Leader Economy Labor Independent Congress Liberalism Bureaucracy Big Business Lobbyists

Author:Ronald Reagan

“Insofar as human beings flower on the ground of freedom, justice guards that ground. Insofar as human beings flower in the soil of community, justice tends that soil. Justice makes possible a social order that people can truly be said to share freely.”

People Humans Said Wisdom Order Politics Social Community Justice Human Beings Economy Share Flower Soil Liberalism Social Order

Author:Jeffrey H Reiman

“Labour, like all other things which are purchased and sold... has its natural and its market price.”

Wisdom Politics Natural Economy Liberalism Labour Labourers

Book:On the Principles of Political Economy, and Taxation

Source: On the Principles of Political Economy, and Taxation

“The last point for consideration is the supposed disposition of the people to interfere with the rights of property. So essential does it appear to me, to the cause of good government, that the rights of property should be held sacred, that I would agree to deprive those of the elective franchise against whom it could justly be alleged that they considered it their interest to invade them.”

People Should Doe Wisdom Government Lasts Politics Causes Interest Economy Rights Essentials Agree Sacred Property Liberalism Consideration Interfere Disposition

Book:The Works of David Ricardo ...

Source: The Works of David Ricardo ...

“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.”

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.”

“Let us not confuse objectives with methods. Too many so-called leaders of the nation fail to see the forest because of the trees. Too many of them fail to recognize the vital necessity of planning for definite objectives. True leadership calls for the setting forth of the objectives and the rallying of public opinion in support of these objectives.”

“Do not confuse objectives with methods. When the nation becomes substantially united in favor of planning the broad objectives of civilization, then true leadership must unite thought behind definite methods.”

Wisdom Politics Nations United Behinds Economy Civilization Method Favors Planning Objectives Liberalism Broads Definite True Leader True Leadership

Book:Public Papers of the Presidents of the United States: F.D. Roosevelt, 1937, Volume 6

Source: Public Papers of the Presidents of the United States: F.D. Roosevelt, 1937, Volume 6

“We need enthusiasm, imagination and the ability to face facts, even unpleasant ones, bravely. We need to correct, by drastic means if necessary, the faults in our economic system from which we now suffer. We need the courage of the young. Yours is not the task of making your way in the world, but the task of remaking the world which you will find before you. May every one of us be granted the courage, the faith and the vision to give the best that is in us to that remaking!”

“A program whose basic thesis is, not that the system of free enterprise for profit has failed in this generation, but that it has not yet been tried!”

Wisdom Politics Economy Generations Program Profit Liberalism Enterprise This Generation Thesis Free Enterprise

Author:Franklin D. Roosevelt

“The good citizen will demand liberty for himself, and as a matter of pride he will see to it that others receive the liberty which he thus claims as his own. Probably the best test of true love of liberty in any country is the way in which minorities are treated in that country. Not only should there be complete liberty in matters of religion and opinion, but complete liberty for each man to lead his life as he desires, provided only that in so doing he does not wrong his neighbor.”

Men Way Should Doe Country Matter Wisdom Desire Politics Liberty Opinion Economy Pride Citizens Demand Tests Claims Neighbor Treated Liberalism Minorities Good Citizen

Author:Theodore Roosevelt

“We can just as little afford to follow the doctrinaires of an extreme individualism as the doctrinaires of an extreme socialism.”

Littles Wisdom Politics Economy Extremes Socialism Liberalism Individualism

Author:Theodore Roosevelt

“Much of the discussion about socialism and individualism is entirely pointless, because of failure to agree on terminology.”

Wisdom Politics Economy Agree Socialism Discussion Liberalism Individualism Pointless Terminology

Book:African and European Addresses

Source: African and European Addresses

“What counts in a man or in a nation is not what the man or the nation can do, but what he or it actually does.”

Men Doe Wisdom Politics Nations Can Do Economy He Man Liberalism

Book:History as Literature and Other Essays

Source: History as Literature and Other Essays

“Modern technique has made it possible for leisure, within limits, to be not the prerogative of small privileged classes, but a right evenly distributed throughout the community. The morality of work is the morality of slaves, and the modern world has no need of slavery.”

World Needs Made Wisdom Politics Community Class Economy Modern Morality Limits Slavery Slave Technique Made It Liberalism Leisure Privileged Modern World Prerogative

Book:In Praise of Idleness

Source: In Praise of Idleness

“The wise use of leisure, it must be conceded, is a product of civilization and education.”

Use Wisdom Politics Economy Wise Products Civilization Liberalism Leisure Conceded

Book:In Praise of Idleness

Source: In Praise of Idleness

“A good man prefers to suffer rather than overcome injustice with evil.”

Men Wisdom Suffering Evil Politics Economy Overcoming Injustice Liberalism Good Man

Author:Sallust

“The poorest of men are the most useful to those seeking power.”

Men Wisdom Politics Economy Seeking Liberalism Poorest

Author:Sallust

“Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as an amateurish and cranky fad.”

Wisdom Politics Economy Modern Economics Accepted Income Analysis Liberalism Distribution Fads Cranky

Author:Paul Samuelson

“All those who, since Adam Smith, have turned their attention to Political Economy, agree that in reality we do not buy articles of consumption with money, the circulating medium with which we pay for them. We must in the first instance have bought this money itself by the sale of our produce.”

Firsts Wisdom Reality Political Politics Pay Attention Economy Produce Agree Mediums Instance Liberalism Articles Adam Consumption Political Economy

Book:Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce

Source: Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce

“It is not socialist, as some of our critics contend. It isn't purely capitalist, either. It is a new way. A third way. A more humane, trusting, productive, exhilarating, and, in every sense, rewarding way.”

Way Wisdom Politics Economy Thirds Critics Liberalism Productive Capitalist New Ways Socialist Humane Exhilarating

Author:Ricardo Semler

“There are a few men whom slavery holds fast, but there are many more who hold fast to slavery.”

Men Wisdom Politics Economy Slavery Liberalism Hold Fast

Author:Seneca the Younger

“No one can hold absolute power for long, controlled power endures.”

Long Wisdom Politics Economy Absolutes Endure Liberalism Controlled Absolute Power

Author:Seneca the Younger

“As long as the decent people refuse to believe that morality must manifest itself in every sphere of human activity, including the political, they will not meet the challenge of Marxism.”

People Believe Humans Long Wisdom Political Politics Challenges Economy Morality Activity Including Refuse Decent Liberalism Manifest Spheres Marxism Human Activity

Author:Fulton J. Sheen

“It is the basic principle of Marxism that any attempt to reconcile capital and labor so that they both co-operate in peace and prosperity is a betrayal of communism.”

Wisdom Politics Principles Economy Labor Prosperity Betrayal Communism Liberalism Marxism Reconcile Basic Principles

Author:Fulton J. Sheen

“One of the greatest disasters that happened to modern civilization was for democracy to inscribe "liberty" on its banners instead of "justice." Because "liberty" was considered the ideal it was not long until some men interpreted it as meaning "freedom from justice"; then when religion and decent government attempted to bring them back to justice, organized into "freedom groups" they protested that their constitutional and natural rights were being violated.”

“The industrial and social injustice of our era is the tragic aftermath of democracy's overemphasis on freedom as the "right to do whatever you please." No, freedom means the right to do what you ought, and ought implies law, and law implies justice, and justice implies God. So too in war, a nation that fights for freedom divorced from justice has no right to war, because it does not know why it wants to be free, or why it wants anyone else to be free.”

“Nothing can do men of good will more harm than apparent compromises with parties that subscribe to antimoral and antidemocratic and anti-God forces. We must have the courage to detach our support from men who are doing evil. We must bear them no hatred, but we must break with them.”

Men Wisdom Evil Politics Force Can Do Party Break Support Economy Bears Hatred Harm Compromise Liberalism Good Will Anti God

Author:Fulton J. Sheen

“The basic struggle today is not between individualism and collectivism, free enterprise and socialism, democracy and dictatorship. These are only the superficial manifestations of a deeper struggle which is moral and spiritual and involves above all else whether man shall exist for the state, or the state for man, and whether freedom is of the spirit or a concession of a materialized society.”

“If a man surrenders all power of self-determination in regard to the profits, management or ownership of the place where he works, he not only loses that special prerogative which marks him off from a cow in a pasture, but what is worse, he loses all capacity for determining any work. This is the beginning of a slavery which sometimes goes by the name of security.”

“The Western world generally has lost the concept of man as a creature made to the image and likeness of God, and reduced him either to a component part of the universe, to an economic animal or to a "physiological bag filled with psychological libido." Once man became materialized and atomized in Western thinking, it was only natural for a totalitarianism to arise to gather up the fragments into a new totality and substitute the collective man for the individual man who was isolated from all social responsibilities.”

“There are three ways in which a man becomes a slave. He may be born into slavery, or forced into it, or he can deliberately accept his servitude. All three forms flourish in the modern world. Men are born and forced into slavery in Russia and her satellites states. Men in the free world invite slavery when they ask the government to provide complete security, when they surrender their freedom to the "Welfare State."”

“The slave states of Western world are an outgrowth of monopolistic capitalism - an economic system which is opposed to the wide distribution of private property in many hands. Instead, monopolistic capitalism concentrates productive wealth among a few men, allowing the rest to become a vast proletariat.”

“Possession properly has two faces, two aspects: we all have a right to private property, but this is accompanied by our responsibility for its righteous use. These two things (which should be inseparable) are frequently divided today. Everyone admits that the farmer who own a horse is obligated to feed and care for it, but in the case of stocks and bonds, we often forget that the same principle should prevail.”

“Monopolistic capitalism is to blame for this; it sunders the right to own property from responsibility that owning property involves. Those who own only a few stocks have no practical control of any industry. They vote by postcard proxy, but they have rarely even seen "their" company. The two elements which ought to be inextricably joined in any true conception of private property - ownership and responsibility - are separated. Those who own do not manage; those who manage; those who manage and work do not control or own.”

“The workmen in a factory may have a shadowy, unknown absentee "employer" - the thousands of individual owners of stock - whom "management" represents and tries to please by extra dividends. The workman's livelihood is at the disposition of strangers who make a single demand of their representatives: higher profits.”

“Faced with such insecurity, labor unions seek a solution in demands for higher wages, shorter hours, pensions, and such things. But this approach takes monopolistic capitalism for granted, and accepts the unnatural division between property and responsibility as permanent. A much more radical solution is apt to come, and this may take either of two forms.”

“The denial of the right of ownership to a man is a denial of his basic freedom: freedom without property is always incomplete. To be "secured" - but with no accompanying responsibility - is to be the slave of whatever group provides the security.”

Men Wisdom Politics Responsibility Economy Groups Security Property Slave Denial Liberalism Ownership Incomplete Secured

Author:Fulton J. Sheen

“A democracy flirts with the danger of becoming a slave in direct ratio to the numbers of its citizens who work, but do not own / or who own, but do not work; or who distribute, as politicians do, but do not produce. The danger of the "slave state" disappears in ratio to the numbers of people who own property and admit its attendant responsibilities under God. They can call their souls their own because they own and administer something other than their souls. Thus they are free.”

People Soul States Wisdom Politics Numbers Responsibility Economy Democracy Danger Produce Becoming Citizens Politician Direct Property Slave Disappear Liberalism Flirting Ratios

Author:Fulton J. Sheen

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