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Wealth Quotes

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Wealth Quotes

“Imagine what would happen if the government were to take the wealth of 200,000 of India's richest people and redistribute it amongst 2 million of India's poorest? We would hear a lot about socialist appropriation and the death of democracy. Why should taking from the rich be called appropriation and taking from the poor be called development?”

“We are living at a time where a handful of people have wealth beyond comprehension - huge yachts, jet planes, tens of billions of dollars, more money than they could spend in a thousand lifetimes. But at the same time, millions of people are struggling to feed their families or put a roof over their heads or find the money to go to a doctor.”

“Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth is just staggering. And those people are paying less percentage of their total income to the federal government than their receptionists are. [...] I'll bet a million dollars against any member of the Forbes 400 who challenges - me that the average for the Forbes 400 will be less than the average of their receptionists.”

“The United States in many ways resembles a Third World country - far more elevated, but it has many of those structural characteristics: the extreme inequality of wealth, the deterioration of infrastructure because it only serves poor people, predatory operations, huge corruption, and so on.”

“So when these people sell out, even though they get fabulously rich, they're gypping themselves out of one of the potentially most rewarding experiences of their unfolding lives. Without it, they may never know their values or how to keep their newfound wealth in perspective.”

“I always read the Latin American writers. I love so many of them: Gabriel García Márquez, José Donoso, Alejo Carpentier, Jorge Luis Borges, Clarice Lispector. I also love a lot of American experimental writers and surrealist European writers. But perhaps The Persian Book of Kings was the greatest influence - I encourage people to look at it. There is such a wealth of incredible stories.”

“I try to look at the evolution of these utopian claims. In the late '60s there was an assumption that the wealth generated by industry would be taxed and then put into social programs and it would provide a baseline of stability that would allow people to have the time for self-expression; and that social contract has eroded over the last four decades and now it's every person for themselves.”

“I have a profound dislike for showing off one's material wealth. This is insensitive and it is not what human hearts are made for. But what I like about China and sometimes miss in Europe is the entrepreneurial spirit of our young people, their ambition and dynamism.”

“We did a campaign here with New York Times. We had a great ad: "Today in America, someone will kill an elephant for a bracelet." We became sensitized in our society. Now there are four or five billion people in Asia who need to get this message. We need to use social media, print magazines, celebrities - anything we can to share this message. It's not cool, it's not okay. You are destroying beautiful animals. You are robbing a continent of its wealth. And you are hurting a lot of innocent people.”

“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.”

“Until African-Americans and Hispanics can get serious, not just about area studies, which are important, but also about science and technology, they're not going to generate that wealth and that job within those communities. And that has absolutely devastating consequences for the places where people live, for the jobs and for the wealth.”

“Many people who live in big countries like ours thought that we had resources that would work for us for many, many years, but that was a mistake. Our natural wealth corrupted us. In this country, you were among the first to raise environmental issues. In Russia, despite all of its problems today, people are concerned about the environment, and it's become a central issue on the agenda.”

“There's one other interesting thing about Western democracy. It didn't arrive at the end point that Karl Marx thought it would that wealth would become more and more concentrated in the hands of the few, that eventually the few would be killed by the many who were deprived, and that a different kind of government would then develop. What happened in Western democracy is that we began to understand that a democratic system can't work if half of the people are starving and the other half are dieting.”

“When people are running up more and more debt for housing, they call that "real wealth." It exposes what's wrong in the mainstream economics and why most of the economics that justifies austerity programs and economic shrinkage is in the textbooks is not scientific. Junk economics denies the role of debt and denies the fact that the economic system we have now is dysfunctional.”

“There's no doubt in my mind, though, that the Iraqi people would be better off with a different leader who did not waste their oil on weapons, as opposed to education, as opposed to healthcare, as opposed to food, as opposed to roads, as opposed to clean water. It is really sinful, a crime, what Saddam Hussein has done with the wealth of the Iraqi people over the last 30 years.”

“...scientific power is like inherited wealth: attained without discipline. You read what others have done, and you take the next step. You can do it very young...there is no mastery, old scientists are ignored. There is no humility before nature...Its a form of inherited wealth. And you know what assholes congenitally rich people are.”

“I think the critical point, really, is that we need to focus black economic empowerment more on the creation of new wealth rather than on these big deals that have been characteristic of this process in the past, of people going to banks, borrowing a lot of money, buying this and when the shares don't perform very well, the shares go back to the banks, because there's other people who own this anyway. I think we need to re-focus it so that it really does impact on growth, new investment, new employment and a general, better spread of wealth in South Africa.”

“If there are dollars to be made, you destroy the environment. The reason is elementary. The people who are going to be harmed by this are your grandchildren and they don't have any votes in the market. Their interests are worth zero. Anybody that pays attention to their grandchildren's interests is being irrational. Because what you're supposed to do is maximize your own interests, measured by wealth, right now. Nothing else matters. So destroying the environment and militarizing outer space are rational policies, but within a framework of institutional lunacy.”

“That would be nice if [people] stuck [treasury bills] all under a mattress, but they got to buy something with them. Sometimes they buy a treasury note, sometimes they set up sovereign wealth funds. They can do all kinds of things. They can buy our companies here. As long as we consume more than we produce, and we trade away little pieces of the country daily, they're going to own something. Now, they can't run from American assets. I mean every day the rest of the world is going to have about two billion more of American assets than we have, as long as they sell us these goods.”

“Books were rare,expensive, time-consuming to create and copy, and difficult to transport. That is why collections ofprint-based books developed around centers of religious belief, learning, and wealth. It was cheaper andeasier for people to come to the collection than for the collection, or parts of the collection, to go to thepeople.”