[N]othing can preserve the integrity of contract between individuals, except the discretionary authority of the State to revise what has become intolerable. The powers of uninterrupted usury are too great. If the accretions of vested interest were to grow without mitigation for many generations, half the population would be no better than slaves to the other half. Nor can the fact that in time of war it is easier for the State to borrow than to tax, be allowed permanently to enslave the tax-payer to the bond-holder. ...[T]he continuance of an individualistic society ...depends for its existence on moderation.
John Maynard Keynes
Related topics
authority
borrow
continuance
contract
easy
existence
fact
great
half
integrity
interest
mitigation
moderation
nor
population
preserve
revise
society
state
tax
time
usury
war
powers
Related quotes
Fear and love do not go together. Fear is constricting, self-centered and self-conscious, whereas love is expansive, selfless and directed towards service. To become effective spiritual warriors, we must learn to cultivate genuine love, courage, and compassion and come to depend on our inner faculties rather than externals. This allows us to understand our own true nature more deeply, and to behave more like the children and servants of God that we are. Then, firmly established in a higher state of consciousness, we can serve others-and the world-from the deepest, most aware and loving aspect of ourselves during these challenging times.
Bhakti Tirtha Swami
Always mystify, mislead, and surprise the enemy, if possible; and when you strike and overcome him, never let up in the pursuit so long as your men have strength to follow; for an army routed, if hotly pursued, becomes panic-stricken, and can then be destroyed by half their number. The other rule is, never fight against heavy odds, if by any possible maneuvering you can hurl your own force on only a part, and that the weakest part, of your enemy and crush it. Such tactics will win every time, and a small army may thus destroy a large one in detail, and repeated victory will make it invincible.
Stonewall Jackson
The inflexible integrity of the moral code is, to me, the secret of the authority, the dignity, the utility of History.
If we may debase the currency for the sake of genius, or success, or rank, or reputation, we may debase it for the sake of a man's influence, of his religion, of his party, of the good cause which prospers by his credit and suffers by his disgrace. Then History ceases to be a science, an arbiter of controversy, a guide of the Wanderer, the upholder of that moral standard which the powers of earth and religion itself tend constantly to depress. It serves where it ought to reign; and it serves the worst cause better than the purest.
John W. Campbell