Why should coal miners suffer a lower standard of life than other classes of labour? They may be lazy, good-for-nothing fellows who do not work so hard or so long as they should. But is there any evidence that they are more lazy or more good-for-nothing than other people?
On grounds of social justice, no case can be made out for reducing. the wages of the miners. They are the victims of the economic Juggernaut. They represent in the flesh the "fundamental adjustments" engineered by the Treasury and the Bank of England to satisfy the impatience of the City fathers to bridge the "moderate gap" between $4.40 and $4.86. They (and others to follow) are the "moderate sacrifice" still necessary to ensure the stability of the gold standard. The plight of the coal miners is the first, but not-unless we are very lucky-the last, of the Economic Consequences of Mr. Churchill.
John Maynard Keynes
Related topics
bank
bridge
case
city
flesh
follow
fundamental
gold
hard
juggernaut
justice
last
lazy
life
lower
necessary
people
plight
reducing
should
stability
treasury
wages
work
others
churchill
labour
Related quotes
Carbon dioxide, Mister Speaker, is a natural byproduct of nature. Carbon dioxide is natural. It occurs in Earth. It is a part of the regular lifecycle of Earth. In fact, life on planet Earth can't even exist without carbon dioxide. So necessary is it to human life, to animal life, to plant life, to the oceans, to the vegetation that's on the Earth, to the, to the fowl that - that flies in the air, we need to have carbon dioxide as part of the fundamental lifecycle of Earth...There isn't one such study because carbon dioxide is not a harmful gas, it is a harmless gas. Carbon dioxide is natural. It is not harmful. It is part of Earth's life cycle...And yet we're being told that we have to reduce this natural substance and reduce the American standard of living to create an arbitrary reduction in something that is naturally occuring in the earth.
Michele Bachmann
If Reg Prentice is cut down it is not just the local party that is undermining its own foundations by ignoring the beliefs and feelings of ordinary people, the whole legitimate Labour Party, left as well as right, is crippled if extremists have their way. ... If tolerance is shattered formidable consequences will follow. Labour MPs will either have to become creatures of cowardice, concealing their views, trimming their sails, accepting orders, stilling their consciences, or they will all have to be men far far to the left of those whose votes they seek. Either would make a mockery of parliamentary democracy. The first would reduce still further, and rightly reduce, respect for the House of Commons. It would become an assembly of men with craven spirits and crooked tongues. The second would, quite simply, divorce the Labour Party from the people.
Roy Jenkins
"For Russia, therefore, this building of heavy industries at a tremendous pace meant a very great sacrifice. All this construction, all this machinery that came from outside, had to be paid for, and paid for in gold and cash. How was this to be done? The people of the Soviet Union tightened their belts and starved and deprived themselves of even necessary articles so that payment could be made abroad. They sent their food-stuffs abroad, and with the price obtained for them paid for the machinery. They sent everything they could find a market for: wheat, rye, barley, corn, vegetables, fruits, eggs, butter, meat, fowls, honey, fish, caviare, sugar, oils, confectionery, etc. Sending these food articles outside meant that they themselves did without them. The Russian people had no butter, or very little of it, because it went abroad to pay for machinery. And so with many other goods...
Jawaharlal Nehru