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Wealth Quotes

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Wealth Quotes

“Many writers claim that nearly all crime is caused by economic conditions, or in other words that poverty is practically the whole cause of crime. Endless statistics have been gathered on this subject which seem to show conclusively that property crimes are largely the result of the unequal distribution of wealth. But crime of any class cannot be safely ascribed to a single cause. Life is too complex, heredity is too variant and imperfect, too many separate things contribute to human behavior, to make it possible to trace all actions to a single cause.”

“The nature of women's oppression is unique: women are oppressed as women, regardless of class or race; some women have access to significant wealth, but that wealth does not signify power; women are to be found everywhere, but own or control no appreciable territory; women live with those who oppress them, sleep with them, have their children - we are tangled, hopelessly it seems, in the gut of the machinery and way of life which is ruinous to us.”

“China is now suffering from poverty, not from unequal distribution of wealth. Where there are inequalities of wealth, the methods of Marx can, of course, be used; a class war can be advocated to destroy the inequalities. But in China, where industry is not yet developed, Marx's class war and dictatorship of the proletariat are impracticable.”

“While [Plato] affirmed with emphasis that the place of the individual in society should not be determined by birth or wealth or any conventional status, but by his own nature as discovered in the process of education, he had no perception of the uniqueness of individuals. For him they fall by nature into classes, and into a very small number of classes at that.”

“While some multimillionaires started in poverty, most did not. A study of the origins of 303 textile, railroad and steel executives of the 1870s showed that 90 percent came from middle- or upper-class families. The Horatio Alger stories of "rags to riches" were true for a few men, but mostly a myth, and a useful myth for control.”

“In one of my latest conversations with Darwin he expressed himself very gloomily on the future of humanity, on the ground that in our modern civilization natural selection had no play, and the fittest did not survive. Those who succeed in the race for wealth are by no means the best or the most intelligent, and it is notorious that our population is more largely renewed in each generation from the lower than from the middle and upper classes.”

“In a process that had begun in the 1980s and suddenly accelerated in the early 2000s ... [t]he peaks of great wealth grew higher, rising up beyond the clouds, while the valleys of poverty sank lower into perpetual shadow. The once broad plateau of the middle class eroded away into a narrow ledge, with the white-knuckled occupants holding on for dear life.”

“a great deal of the wealth at the top is built on the low-wage labor of the poor. Take Wal-Mart, our largest private employer and premiere exploiter of the working class. ... You think it's a coincidence that this union-busting low-wage retail empire happens to have generated a $65 billion family fortune?”

“It must be assumed and established as a principle, that the right of private property must be regarded as sacred. Wherefore, the law ought to favor this right and, so far as it can, see that the largest possible number among the masses of the population prefer to own property.... But if the productive activity of the multitude can be stimulated by the hope of acquiring some property... , it will gradually come to pass that, with the difference between extreme wealth and extreme penury removed, one class will become the neighbor to the other.”

“For extending its sway, partly by force of arms, partly by the voluntary submission of weaker tribes, the community soon acquires wealth and slaves, both of which, by relieving some classes from the perpetual struggle for a bare subsistence, afford them an opportunity of devoting themselves to that disinterested pursuit of knowledge which is the noblest and most powerful instrument to ameliorate the lot of man.”

“Were all the pleasures in the world, even pure air, made solely for the rich? I think it is immoral - it is horrible! - that one man may own twenty millions of money, and another has to commit a crime to keep the life in his miserable body. And if I were wealthy, I'd be a spendthrift! It's the spendthrifts who are the real friends of the poor. Some of their money filters through to the very lowest classes.”

“They talk about class warfare -- the fact of the matter is there has been class warfare for the last thirty years. It's a handful of billionaires taking on the entire middle-class and working-class of this country. And the result is you now have in America the most unequal distribution of wealth and income of any major country on Earth and the worst inequality in America since 1928. How could anybody defend the top 400 richest people in this country owning more wealth than the bottom half of America, 150 million people?”

“Why should not the knowledge, the skill, the expertness, the assiduity, and the spirited hazards of trade and commerce, when crowned with success, be entitled to give those flattering distinctions by which mankind are so universally captivated? Such are the specious, but false arguments for a proposition which always will find numerous advocates, in a nation where men are every day starting up from obscurity to wealth. To refute them is needless. The general sense of mankind cries out, with irresistible force, "Un gentilhomme est toujours gentilhomme.”

“Women of a selected class, by the use of slaves and servants have become inactive, the mere recipients of values, no longer creators but "feeding on unearned wealth." This hurts their nature and debases the social fabric. If a woman does no labor in her home which could properly make her self-supporting outside that home she is in duty bound to do something outside her home to justify her claim to support.”

“A sort of moral blackmail is exerted from both poles. The underclass, one gathers, should be dulled with charity and welfare provision lest it turn nasty. The upper class must likewise be conciliated by vast handouts, lest it lose the "incentive" to go on generating wealth.”

“We are a commercial people. We cannot boast of our arts, our crafts, our cultivation; our boast is in the wealth we produce. As a consequence business success is sanctified, and, practically, any methods which achieve it are justified by a larger and larger class.”

“We have no paupers ... The great mass of our [United States] population is of laborers; our rich, who can live without labor, either manual or professional, being few, and of moderate wealth. Most of the laboring class possess property, cultivate their own lands, have families, and from the demand for their labor are enabled to exact from the rich and the competent such prices as enable them to be fed abundantly, clothed above mere decency, to labor moderately and raise their families. ... Can any condition of society be more desirable than this?”

“When I went to high school - that's about as far as I got - reading my U.S. history textbook, well, I got the history of the ruling class. I got the history of the generals and the industrialists and the presidents that didn't get caught. How 'bout you? I got all of the history of the people who owned the wealth of the country, but none of the history of the people that created it.”

“Income and wealth inequality have reached obscene levels, the threat of climate change is more frightening than ever, and the billionaire class is now allowed to spend unlimited amounts of money to buy the candidate they want. And it is up to us to stand up and fight back. If we stand together, there is no limit to what we can accomplish.”

“Capitalism in the 19th century did not doom the worker to a life of perpetual poverty. Instead, they kept creating new and better-paying employments as the decades went by. They produced the wealth and rising income that resulted in the emergence of a phenomenon completely new to human history: a self-supporting and educated middle class that grew more and more as they lower classes bettered their economic well-being.”

“The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped. What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.”

“Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class.”

“The reality is that we have one of lowest voter turnouts of any major country on earth because so many people have given up on the political process. The reality is that there has been trillions of dollars of wealth going from the middle class in the last 30 years to the top 1/10th of 1 percent.”

“This is a very important issue that the corporate media chooses not to talk about a whole lot, that we have an economic system which is rigged, which means that at the same time as the middle class of this country is disappearing, almost all of the new income and wealth in America is going to the top 1 percent. You have the top one-tenth of 1 percent owning almost as much wealth as the bottom 90 percent - 58 percent of all new income is going to the top 1 percent.”

“This is where I think policies do need to be somewhat race-specific, is making sure that institutions are not discriminatory. So you've got something like the FHA [Federal Housing Administration], which was on its face a universal program that involved a huge mechanism for wealth accumulation and people entering into the middle class.”

“The classics of Marxism talked of communism as a society to which a modern society should aspire, a society truly fair, where the relations of monetary exchange were not the priority but one wher the people's needs could be satisfied, and where people would not be worth more according to how much monetary wealth they acquired. Instead their value would be based on their contribution to society as a whole. It would be a society without class that would accept people based on their capabilities and their potential to contribute to that society.”