We are now more Socialist in many ways than any other developed country outside the Communist bloc-in the size of the public sector, the range of controls and the telescoping of net income. And what is the result? Compare our position today with that of our neighbours in north west Europe-Germany, Sweden, Holland, France. They are no more talented than we are. Yet, compared with them, we have the longest working hours, the lowest pay and the lowest production per head. We have the highest taxes and the lowest investment. We have the least prosperity, the most poor and the lowest pensions. We have the largest nationalized sector and the worst labour troubles.
Keith JosephRelated topics
communist compare country head holland hours income investment least net north now outside pay per poor position production prosperity public range result sector size socialist tax telescoping west working worst yet today france labour waysRelated quotes
For the time being, the ominous peril of the communist parties in the West lies in their stand on foreign affairs. The distinctive mark of all present-day communist parties is their devotion to the aggressive foreign policy of the Soviets. Whenever they must choose between Russia and their own country, they do not hesitate to prefer Russia. Their principle is: Right or wrong, my Russia. They strictly obey all orders issued from Moscow. When Russia was an ally of Hitler, the French communists sabotaged their own country's war effort and the American communists passionately opposed President Roosevelt's plans to aid England and France in their struggle against the Nazis.
Ludwig von Mises
By the painful light of the factory's huge electric lamps
I write in a fever.
I write gnashing my teeth, rabid for the beauty of all this,
For this beauty completely unknown to the ancients.O wheels, O gears, eternal r-r-r-r-r-r-r!
Bridled convulsiveness of raging mechanisms!
Raging in me and outside me,
Through all my dissected nerves,
Through all the papillae of everything I feel with!
My lips are parched, O great modern noises,
From hearing you at too close a range,
And my head burns with the desire to proclaim you
In an explosive song telling my every sensation,
An explosiveness contemporaneous with you, O machines!
Fernando Pessoa
Figure 12-6 pulls together in a simplified way the main elements of income determination. Without saving and investment, there would be a circular flow of income between business and the public: above, business pays out wages, interest, rents, and profits to the public in return for the services of labor and property; and below, the public pays consumption dollars to business in return for goods and services.
Realistically, we must recognize that the public will wish to save some of its income, as shown at the spigot Z. Hence, businesses cannot expect their consumption sales to be as large as the total of wages, interest, rents, and profits.
Paul Samuelson
When communist workmen associate with one another, theory, propaganda, etc., is their first end. But at the same time, as a result of this association, they acquire a new need - the need for society - and what appears as a means becomes an end. You can observe this practical processing its most splendid results whenever you see French socialist workers together. Such things as smoking, drinking, eating, etc., are no longer means of contact or means that bring together. Company, association, and conversation, which again has society as its end, are enough for them; the brotherhood of man is on mere phase with them, but a fact of life, and the nobility of man shines upon us from their work-hardened bodies.
Karl Marx
The first attempt of a democracy which includes the previously disfranchised poor is to redistribute wealth and income, and this is exactly what the black South attempted. The theory is that the wealth and the current income of the wealthy ruling class does not belong to them entirely, but is the product of the work and striving of the great millions; and that, therefore, these millions ought to have a voice in its more equitable distribution; and if this is true in modern countries, like France and England and Germany, how much more true was it in the South after the war where the poorest class represented the most extreme case of theft of labor that the world can conceive; namely, chattel slavery?
W. E. B. Du Bois
