Best politics & productions Quotes | Short & Famous Sayings

“It is one of the greatest economic errors to put any limitation upon production.We have not the power to produce more than there is a potential to consume.”

Wisdom Politics Economy Economic Produce Errors Productions Limitation Liberalism

Author:Louis D. Brandeis

“Emancipation of human labor from economic servitude and exploitation, i.e., from organizations of production in which the conditions of work are determined by a master class who own the means of production, and in which the fruits of work are alienated from workers to the benefit of masters.”

Humans Mean Wisdom Politics Class Economy Economic Conditions Masters Benefits Labor Organization Fruit Workers Productions Determined Liberalism Exploitation Emancipation Servitude

Author:Mortimer Adler

“Radicals, on the other hand, want to advance from the jungle of laissez-faire capitalism to a world worthy of the name of human civilization. They hope for a future where the means of economic production will be owned by all of the people instead of just a comparative handful. They feel that this minority control of production facilities is injurious to the large masses of people not only because of economic monopolies but because the political power inherent in this form of centralized economy does not augur for an ever expanding democratic way of life.”

“The very large units of production and exchange have access to credit on a large scale, sometimes without any cover at all, merely upon the prospect of their success, and always upon terms far easier than are open to their smaller rivals. It is perhaps on this line of easier credit that large capital today does most harm to small capital, drives it out and ruins it.”

Doe Sometimes Today Politics Term Lines Economy Easier Productions Credit Harm Access Scales Ruins Liberalism Units Rivals Large Scale

Book:The Crisis Of Civilization

Source: The Crisis Of Civilization

“To control the production of wealth is to control human life itself. To refuse man the opportunity for the production of wealth is to refuse him the opportunity for life; and, in general, the way in which the production of wealth is by law permitted is the only way in which the citizens can legally exist.”

Men Way Humans Wisdom Law Opportunity Politics Wealth Economy Citizens Productions Refuse Human Life Liberalism

Book:Belloc: A Biographical Anthology

Source: Belloc: A Biographical Anthology

“Under the old social philosophy which had governed the Middle Ages, temporal, and therefore all economic, activities were referred to an eternal standard. The production of wealth, it distribution and exchange were regulated with a view to securing the Christian life of Christian men. In two points especially was this felt: First in securing the independence of the family, which can only be done by the wide distribution of property, in others words the prevention of the growth of a proletariat; secondly, in the close connection between wealth and public function.”

“When the mass of men are dispossessed - own nothing - they become wholly dependent upon the owners; and when those owners are in active competition to lower the cost of production the mass of men whom they exploit not only lack the power to order their own lives, but suffer from want and insecurity as well.”

Men Want Wells Wisdom Suffering Order Politics Economy Cost Mass Competition Productions Active Liberalism Dependent Insecurity Owners Exploits

Book:The Great Heresies

Source: The Great Heresies

“Wherever the Industrial system has reached its second generation it is threatened by two mortal perils. The first is the demand by an organized proletariat for sustenance without relation to the product of its labor; a demand which threatens the very existence of PROFIT (on the necessary presumption of which Capitalism reposes). The second, and immediately graver danger is that of a revolt for the confiscation of the means of production.”

“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.”

“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.”

“Equality of economic opportunity, in the context of private property, means equality of opportunity for the millions of capital-less households of today to buy, pay for, and employ in their lives the non-human factor of production, capital.”

Humans Mean Wisdom Today Opportunity Politics Pay Millions Economy Economic Property Productions Factors Liberalism Household Private Property Equality Of Opportunity Factors Of Production

Author:Louis O. Kelso

“No Keynesian has ever proposed a measure designed to make the individual more productive; for that would require institutional means for enabling him to acquire ownership of the nonhuman factor of production: capital.”

Mean Wisdom Politics Individual Economy Productions Factors Liberalism Acquire Productive Ownership Enabling Factors Of Production

Book:Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

Source: Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

“Technology plows through history at an accelerating rate, shifting the burden of production off labor into the nonhuman factor because man uses his highest ingenuity to avoid servile labor.”

Men Use Wisdom Politics Technology Economy Highest Labor Rate Productions Burden Factors Liberalism Shifting Ingenuity

Author:Louis O. Kelso

“The one important distinction between the two factors of production is that in a free society, ownership of the human factor, labor, cannot be concentrated while ownership of the non-human factor, capital, can be.”

Humans Two Important Wisdom Politics Economy Labor Productions Factors Liberalism Distinction Ownership Free Society Factors Of Production

Author:Louis O. Kelso

“Work is a means; it is not an end. And for any tasks that can be performed or eliminated by a capital instrument, human labor is not the best means... Furthermore, we have science, engineering and management - the three disciplines - that really plan and control the production of goods and services, trying to eliminate labor. Who the hell is government to come along and try to create labor? The people who are producing wealth are trying to eliminate toil, while the politicians are trying to create it.”

“Money is not a part of the visible sector of the economy; people do not consume money. Money is not a physical factor of production, but rather a yardstick for measuring economic input, economic outtake and the relative values of the real goods and services of the economic world. Money provides a method of measuring obligations, rights, powers and privileges. It provides a means whereby certain individuals can accumulate claims against others, or against the economy as a whole, or against many economies.”

Source: Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

“The owners of labor, on the other hand, are being taught, by the most powerful and well-publicized examples, that the highest rewards are not for production, but for the employment of organized power to take over a share of what others produce.”

Source: The New Capitalists: A Proposal to Free Economic Growth from the Slavery of Savings

“Thus, the capital owner is not a parasite or a rentier but a worker - a capital worker. A distinction between labor work and capital work suggests the lines along which we could develop economic institutions capable of dealing with increasingly capital-intensive production, as our present institutions cannot.”

Wisdom Politics Lines Economy Economic Capable Labor Institutions Workers Productions Liberalism Distinction Owners Parasites

Book:Democracy and Economic Power: Extending the ESOP Revolution through Binary Economics

Source: Democracy and Economic Power: Extending the ESOP Revolution through Binary Economics

“It is preferable to regard labour, including, of course, the personal services of the entrepreneur, and his assistants, as the sole factor of production, operating in a given environment of technique, natural resources, capital equipment and effective demand. This is why we have been able to take labour as the sole physical unit which we require in our economic system, apart from units of money and of time.”

Source: General Theory Of Employment , Interest And Money

“It is not the ownership of the instruments of production which it is important for the State to assume. If the State is able to determine the aggregate amount of resources devoted to augmenting the instruments and the basic rate of reward to those who own them, it will have accomplished all that is necessary. Moreover, the necessary measures of socialization can be introduced gradually and without a break in the general traditions of society.”

Source: General Theory Of Employment , Interest And Money

“If history could prove and teach us anything, it would be the private ownership of the means of production as a necessary requisite of civilization and material well-being. All civilizations have up to now been based on private property. Only nations committed to the principle of private property have risen above penury and produced science, art, and literature. There is no experience to show that any other social system could provide mankind with any of the achievements of civilization.”

“It may seem strange, but Congress has never developed a set of goals for guiding Federal Reserve policy. In founding the System, Congress spoke about the country's need for "an elastic currency." Since then, Congress has passed the Full Employment Act, declaring its general intention to promote "maximum employment, production, and purchasing power." But it has never directly counseled the Federal Reserve.”

“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

“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.”

“So long as the system of competition in the production and exchange of the means of life goes on, the degradation of the arts will go on; and if that system is to last for ever, then art is doomed, and will surely die; that is to say, civilization will die.”

Ifs Mean Long Art Lasts Political Dies Politics Goes On Civilization Art Is Competition Productions Doomed Degradation Aggravation Life Goes On

Book:The Collected Works of William Morris: With Introductions by His Daughter May Morris

Source: The Collected Works of William Morris: With Introductions by His Daughter May Morris

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