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Theory Quotes

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Theory Quotes

“Everything is un-American that tends either to government by a plutocracy or government by a mob. To divide along the lines of section or caste or creed is un-American. All privileges based on wealth, and all enmity to honest men merely because they are wealthy, are un-American-both of them equally so. The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living and the get-rich-quick theory of life.”

“An enormous amount of modern ingenuity is expended on finding defences for the indefensible conduct of the powerful. As I have said above, these defences generally exhibit themselves most emphatically in the form of appeals to physical science. And of all the forms in which science, or pseudo-science, has come to the rescue of the rich and stupid, there is none so singular as the singular invention of the theory of races.”

“Virtually everything we do is dependent on others, from the arts and culture to farmers who grow the food we eat. Quite a lot of the differences that make us rich and poor are matters just of luck. To somehow revel in one’s privilege would be a mistake. An even bigger mistake would be trying to convert that into a theory that the rich are so much more productive than many of us.”

“The United State has a net worth against which our debt is a joke ... we wrote in 2008 the United States is going to come out of this recession fast. The Europeans are going to fragment. The Chinese are going to be cremated. Why could we come out of it? Why has all economic theory been proven wrong? Because we're rich and we could afford it.”