Exchange Quotes - page 14
The American model – democracy – must be regarded as a historical error, economically as well as morally. Democracy promotes shortsightedness, capital waste, irresponsibility, and moral relativism. It leads to permanent compulsory income and wealth redistribution and legal uncertainty. It is counterproductive. It promotes demagoguery and egalitarianism. It is aggressive and potentially totalitarian internally, vis-à-vis its own population, as well as externally. In sum, it leads to a dramatic growth of state power, as manifested by the amount of parasitically – by means of taxation and expropriation – appropriated government income and wealth in relation to the amount of productively – through market exchange – acquired private income and wealth, and by the range and invasiveness of state legislation. Democracy is doomed to collapse, just as Soviet communism was doomed to collapse.
Hans-Hermann Hoppe
An example of this way of thinking is an exchange that took place when someone told Goethe that he admired him for his genius, towering over German intellectual life like a gigantic mountain, to which Goethe replied that "great mountains are found only in mountainous landscapes." The traditional history of art is concerned exclusively which such mountain peaks, and often, as Goethe critically pointed out, they are not even seen in relation to each other.
Asger Jorn
Fights between individuals, as well as governments and nations, invariably result from misunderstandings in the broadest interpretation of this term. Misunderstandings are always caused by the inability of appreciating one another's point of view. This again is due to the ignorance of those concerned, not so much in their own, as in their mutual fields. The peril of a clash is aggravated by a more or less predominant sense of combativeness, posed by every human being. To resist this inherent fighting tendency the best way is to dispel ignorance of the doings of others by a systematic spread of general knowledge. With this object in view, it is most important to aid exchange of thought and intercourse.
Nikola Tesla
Let us consider the actual, worldly Jew - not the Sabbath Jew, as Bauer does, but the everyday Jew. ... What is the worldly religion of the Jew? Huckstering. What is his worldly God? Money. Money is the jealous god of Israel, in face of which no other god may exist. Money degrades all the gods of man - and turns them into commodities. The bill of exchange is the real god of the Jew. His god is only an illusory bill of exchange. The chimerical nationality of the Jew is the nationality of the merchant, of the man of money in general.
Karl Marx
He who can buy bravery is brace, though a coward. As money is not exchanged for anyone specific quality, for any one specific thing, or for any particular human essential power, but for the entire objective world of man and nature, from the standpoint of its possessor it therefore serves to exchange every property for every other, even contradictory, property and object: it is the fraternization of impossibilities. It makes contradictions embrace.
Karl Marx
The exchange of one fear or pleasure or pain for another fear or pleasure or pain, which are measured like coins, the greater with the less, is not the exchange of virtue. O, my dear Simmias, is there not one true coin, for which all things ought to exchange?-and that is wisdom; and only in exchange for this, and in company with this, is anything truly bought or sold, whether courage or temperance or justice. ...in the true exchange, there is a purging away of all these things, and temperance, and justice, and courage, and wisdom herself are a purgation of them.
Socrates
All... good and useful properties of character have a price in exchange for others which have just as much use. Talent has a market price, since the sovereign or estate-owner can use a talented person in all sorts of ways. Temperament has a fancy price,22 since one can converse well with such a person; he is a pleasant companion. But, character has an inner value[,] and it is above all price.
Immanuel Kant
Money is the password, and all doors, which are closed to the man of lesser means, fly open to those whom Plutus favors. The invention of money, which has no other usefulness (or at least it should not have any) except for the commercial exchange of the products of man's industry, now serves all that is physically good among men. Especially after money was represented by metal, it has produced avarice which, finally, without indulgence, but by its mere possession, and even with the resolution (of the stingy) not to spend it, still contains a power which people believe can sufficiently compensate for the lack of any other power.
Immanuel Kant
We do not, however, reckon that trade disadvantageous which consists in the exchange of the hard-ware of England for the wines of France;and yet hard-ware is a very durable commodity, and were it not for this continual exportation, might too be accumulated for ages together, to the incredible augmentation of the pots and pans of the country. But it readily occurs that the number of such utensils is in every country necessarily limited by the use which there is for them;that it would be absurd to have more pots and pans than were necessary for cooking the victuals usually consumed there;and that if the quantity of victuals were to increase, the number of pots and pans would readily increase along with it, apart of the increased quantity of victuals being employed in purchasing them, or in maintaining an additional number of workman whose business it was to make them.
Adam Smith
All marriage is such a lottery -- the happiness is always an exchange -- though it may be a very happy one -- still the poor woman is bodily and morally the husband's slave. That always sticks in my throat. When I think of a merry, happy, and free young girl -- and look at the ailing aching state a young wife is generally doomed to -- which you can't deny is the penalty of marriage.
Victoria of the United Kingdom
Queen Victoria on promotion of Lionel Rothschild to peerage: "It is not only the feeling, of which she cannot divest herself, against making a person of the Jewish religion, a Peer; but she cannot think that one who owes his great wealth to contracts with foreign Governments for Loans, or to successful speculation on the Stock Exchange, can fairly claim a British Peerage. However high Sir L. Rothschild may stand personally in public estimation, this seems to her not less a species of gambling because it is on a gigantic scale and far removed from that legitimate trading which she delights to honour, in which men have raised themselves by patient industry and unswerving probity to positions of wealth and influence."
Victoria of the United Kingdom
This country now possesses the strongest credit in the world. The full consequences of a default or even the serious prospect of default by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and on the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the cost, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns.
Ronald Reagan
I foresee a universal information system (UIS), which will give everyone access at any given moment to the contents of any book that has ever been published or any magazine or any fact. The UIS will have individual miniature-computer terminals, central control points for the flood of information, and communication channels incorporating thousands of artificial communications from satellites, cables, and laser lines. Even the partial realization of the UIS will profoundly affect every person, his leisure activities, and his intellectual and artistic development. ... But the true historic role of the UIS will be to break down the barriers to the exchange of information among countries and people.
Andrei Sakharov
