"Wealth has to be created before it can be shared.” Starting from there, the emphasis is placed firmly on creating the political and economic climate where the men with the ideas and the men with the capital are given a chance to do so. Circumstances may have made the ownership of some industries by the State inevitable, but the unanimous verdict is that bureaucracy cramps, cripples and confines. That is no good for Britain. One sentence is devastating. "Socialised industries tend to produce inferior products at high prices by dissatisfied workers.” That is too near the truth for our comfort.
Alec Douglas-HomeRelated topics
bureaucracy capital chance climate comfort creating emphasis given good high inevitable inferior men near ownership political produce sentence starting state truth verdict wealth circumstances confines britain crampsRelated quotes
I would by no means attempt to infer from hence, that the longitude found by observations of this sort may in all cases be depended upon within one degree; but I beg leave to observe, that whatever extraordinary circumstances may have concurred to produce so near an agreement in this particular case, the event is such as may give reason to hope, however great the difficulties of finding the longitude by this method seem to be, that they are not insuperable, or such as ought to deter those whom it most nearly concerns from attempting to remove them.
James Bradley
Piketty ends Capital in the Twenty-First Century with a call to arms - a call, in particular, for wealth taxes, global if possible, to restrain the growing power of inherited wealth. It's easy to be cynical about the prospects for anything of the kind. But surely Piketty's masterly diagnosis of where we are and where we're heading makes such a thing considerably more likely. So Capital in the Twenty-First Century is an extremely important book on all fronts. Piketty has transformed our economic discourse; we'll never talk about wealth and inequality the same way we used to.
Paul Krugman
Until the last great war, a general expectation of material improvement was an idea peculiar to Western man. Now war and its aftermath have made economic and social progress a political imperative in every quarter of the globe. If we ignore this, there will be no peace. There has been a widening of horizons to which in the West we have been perhaps too insensitive. Yet it is as important as the extension of our vision into outer space.
Today continuing poverty and distress are a deeper and more important cause of international tensions, of the conditions that can produce war, than previously.
Lester B. Pearson
They drew near, and observing that they were very comfortable standing before the warm fire, they put on logs and, while thus keeping it alive, brought up other people to it, showing them by signs how much comfort they got from it. In that gathering of men, at a time when utterance of sound was purely individual, from daily habits they fixed upon articulate words just as these had happened to come; then, from indicating by name things in common use, the result was that in this chance way they began to talk, and thus originated conversation with one another.
Vitruvius
My own position is somewhere in between. I am not sure that the economic arguments for an early step toward real union are very compelling. I have deep feelings, however, about the political necessity of creating in Western Europe an international framework which would bridge national sovereignties to such a degree as to give a different aspect to the German question by providing a home for the German people other than the national home and thus lifting German horizons beyond those national limits with which the Germans have shown themselves so incapable of coping.
George F. Kennan
