Wealth Quotes - page 83
Good intentions, like mother's milk, are a perishable commodity. As wealth accumulates, men decay, and sooner or later an aristocracy that once might have aspired to an ideal of wisdom and virtue goes rancid in the sun, becomes an oligarchy distinguished by a character that Aristotle likened to that of "the prosperous fool”-its members so besotted by their faith in money that "they therefore imagine there is nothing that it cannot buy.”.
Lewis H. Lapham
Governments are raising taxes for austerity and that doesn't work. Poor people cannot spend themselves into wealth and governments cannot tax their economies into prosperity. If you tax people who work, and pay people who don't work, don't be surprised if you find a lot of people not working...
Arthur Laffer
I shall not ever return to you, my pigs, because, at worst, to die valorously is better than to sleep out one's youth in the sun. A man has but one life. It is his all. Therefore I now depart from you, my pigs, to win me a fine wife and much wealth and leisure wherein to discharge my geas. And when my geas is lifted I shall not come back to you, my pigs, but I shall travel everywhither, and into the last limits of earth, so that I may see the ends of this world and may judge them while my life endures. For after that, they say, I judge not, but am judged: and a man whose life has gone out of him, my pigs, is not even good bacon.
James Branch Cabell
I am Manuel, and I follow after my own thinking and my own desire. Of course it is very fine of me to be renouncing so much wealth and power for the sake of my wonderful dear Niafer: but she is worth the sacrifice, and, besides, she is witnessing all this magnanimity, and cannot well fail to be impressed.
James Branch Cabell
The increased use of robots in manufacturing processes will inevitably create even more unemployment. This is already happening world-wide, especially in industrially developed countries. However, the use of robots creates more wealth, and with a rational world economy based on co-operation and sharing of resources and technology, the ability to supply human needs and also to increase leisure becomes practically possible. The coming Technology of Light, in particular, will free humanity from much of its self-imposed limitations today.
Benjamin Creme
Adam Smith's central insight remains true today: There is no greater generator of wealth and innovation than a system of free enterprise that unleashes the full potential of individual men and women. That's what led to the Industrial Revolution that began in the factories of Manchester. That is what led to the dawn of the Information Age that arose from the office parks of Silicon Valley. That's why countries like China, India and Brazil are growing so rapidly -- because in fits and starts, they are moving toward market-based principles that the United States and the United Kingdom have always embraced.
Barack Obama
Tonight, let us think back to the sense of unity that prevailed on 9/11. I know that it has, at times, frayed. Yet today's achievement is a testament to the greatness of our country and the determination of the American people.
The cause of securing our country is not complete. But tonight, we are once again reminded that America can do whatever we set our mind to. That is the story of our history, whether it's the pursuit of prosperity for our people, or the struggle for equality for all our citizens; our commitment to stand up for our values abroad, and our sacrifices to make the world a safer place.
Let us remember that we can do these things not just because of wealth or power, but because of who we are: one nation, under God, indivisible, with liberty and justice for all.
Thank you. May God bless you. And may God bless the United States of America.
Barack Obama
We do not see faith, hope, and charity as unattainable ideals, but we use them as stout supports of a nation fighting the fight for freedom in a modern civilization.
Faith - in the soundness of democracy in the midst of dictatorships.
Hope - renewed because we know so well the progress we have made.
Charity - in the true spirit of that grand old word. For charity literally translated from the original means love, the love that understands, that does not merely share the wealth of the giver, but in true sympathy and wisdom helps men to help themselves.
Franklin D. Roosevelt
The Joint Legislative Committee, established by the Revenue Act of 1926, has been particularly helpful to the Treasury Department. The members of that Committee have generously consulted with administrative officials, not only on broad questions of policy but on important and difficult tax cases. On the basis of these studies and of other studies conducted by officials of the Treasury, I am able to make a number of suggestions of important changes in our policy of taxation. These are based on the broad principle that if a government is to be prudent its taxes must produce ample revenues without discouraging enterprise; and if it is to be just it must distribute the burden of taxes equitably. I do not believe that our present system of taxation completely meets this test. Our revenue laws have operated in many ways to the unfair advantage of the few, and they have done little to prevent an unjust concentration of wealth and economic power.
Franklin D. Roosevelt
It's an amazing thing to think that ours is the first generation in history that really can end extreme poverty, the kind that means a child dies for lack of food in its belly. That should be seen as the most incredible, historic opportunity but instead it's become a millstone around our necks. We let our own pathetic excuses about how it's "difficult" justify our own inaction. Be honest. We have the science, the technology, and the wealth. What we don't have is the will, and that's not a reason that history will accept.
Bono
[N]othing is easier to attain than full employment... All we would have to do, for instance, would be to continue a war-economy at no more, perhaps, than half its present level. Or we could adopt some sort of state socialism, under which the surplus resources... would be employed on non-economic projects, it makes... little difference what twentieth century equivalent of the Egyptian pyramids... so long as we do not use the surplus labor to produce ordinary economic goods. ...But we refuse to accept the kind of society to which either [a permanent war economy or state socialism] would lead. We demand more than a stable society, we demand a good society. Specifically, we demand of our economic system... that it produce goods... that add to the wealth... and... that these goods be produced... under... the free enterprise system.
Peter Drucker
If you look at the birth rate in the U.S. right now, the majority are non-white, you don't have to know the statistics to know what that means. They will lose the white supremacy. The concept of being white is not a race concept, but rather sociological. If you go back, not very far, Jews were not considered white. Neither were the Irish. In late-19th century Boston, you could find signs at restaurants saying "No dogs or Irish.” They gradually became white as they assimilated into the culture, especially when they gained wealth and political power. And that's now happening with the Hispanic population.
Noam Chomsky
Noam Chomsky's pessimism, "neither history nor psychology nor sociology gives us any particular reason to look forward with hope to the rule of the new mandarins," may be excessive; there are as yet no historical precedents, and the scientists and intellectuals who, with such deplorable regularity, have been found willing to serve every government that happened to be in power, have been no "meritocrats" but, rather, social climbers. But Chomsky is entirely right in raising the question: "Quite generally, what grounds are there for supposing that those whose claim to power is based on knowledge and technique will be more benign in their exercise of power than those whose claim is based on wealth or aristocratic origin?" (Op. cit., p. 27.)
Noam Chomsky
The worker becomes all the poorer the more wealth he produces, the more his production increases in power and range. The worker becomes an ever cheaper commodity the more commodities he creates. With the increasing value of the world of things proceeds in direct proportion the devaluation of the world of men. Labour produces not only commodities; it produces itself and the worker as a commodity - and does so in the proportion in which it produces commodities generally.
Karl Marx
The great thing however is, in the show of the temporal and the transient to recognize the substance which is immanent and the eternal which is present. For the work of Reason (which is synonymous with the Idea) when considered in its own actuality, is to simultaneously enter external existence and emerge with an infinite wealth of forms, phenomena and phases - a multiplicity that envelops its essential rational kernel with a motley outer rind with which our ordinary consciousness is earliest at home. It is this rind that the Concept must penetrate before Reason can find its own inward pulse and feel it still beating even in the outward phases. But this infinite variety of circumstances which is formed in this element of externality by the light of the rational essence shining in it - all this infinite material, with its regulatory laws - is not the object of philosophy....To comprehend what is, is the task of philosophy: and what is is Reason.
Georg Wilhelm Friedrich Hegel
Labour was the first price, the original purchase-money that was paid for all things. It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely equal to the quantity of labour which it can enable them to purchase or command.
Adam Smith
I have found one just man in Gomorrah-Adam Smith, author of the Wealth of Nations. He was the Duke of Buccleuch's tutor, is a wise and deep philosopher, and although made commissioner of the customs here by the Duke and Lord Advocate, is what I call an honest fellow. He wrote a most kind as well as elegant letter to Burke on his resignation, as I believe I told you before; and on my mentioning it to him, he told me he was the only man here who spoke out for the Rockinghams.
Adam Smith
The one case in which he referred to the "invisible hand" was that in which private persons preferred the home trade to the foreign trade, and he held that such preference was in the national interest, since it replaced two domestic capitals while the foreign trade replaced only one. The argument of the two capitals was a bad one, since it is the amount of capital that matters, not its subdivision; but the invisible sanction was given to a Protectionist idea, not for defence but for employment. It is not surprising that Smith was often quoted in Parliament in support of Protection. His background, like ours today, was private enterprise; but any dogma of non-intervention by government has to make heavy weather in The Wealth of Nations.
Adam Smith
Our mission is at once the oldest and the most basic of this country: to right wrong, to do justice, to serve man.
In our time we have come to live with moments of great crisis. Our lives have been marked with debate about great issues; issues of war and peace, issues of prosperity and depression. But rarely in any time does an issue lay bare the secret heart of America itself. Rarely are we met with a challenge, not to our growth or abundance, our welfare or our security, but rather to the values and the purposes and the meaning of our beloved Nation. The issue of equal rights for American Negroes is such an issue. And should we defeat every enemy, should we double our wealth and conquer the stars, and still be unequal to this issue, then we will have failed as a people and as a nation. For with a country as with a person, "What is a man profited, if he shall gain the whole world, and lose his own soul?".
Lyndon B. Johnson
We seem to have quite a few problems: global climate change, peak oil, overpopulation, collapsing fisheries, desertification, wealth inequality, species extinctions, freshwater shortages, hapless governments, deforestation, disease epidemics, and agricultural failures top the list. ...our civilizations have been in similar situations before ...a long list of civilizations from the Maya to the Romans all collapsed. The precedent is set...
Steve Hallett
