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Read through the most famous quotes by topic #capital
At this point in history, our society tends to elevate and reward the specialist...This concentrated focus has brought some benefits...It may also be a modern malady. Specialization, when taken too far and allowed to define who and what we are, becomes limiting. It robs us of our wholeness and our self-sufficiency. It misses the big picture and confines us to a narrow zoom. And it leaves us at the mercy of experts. ↗
Work, then, institutionalizes homicide as a way of life. People think the Cambodians were crazy for exterminating themselves, but are we any different? The Pol Pot regime at least had a vision, however blurred, of an egalitarian society. We kill people in the six-figure range (at least) in order to sell Big Macs and Cadillacs to the survivors. Our forty or fifty thousand annual highway fatalities are victims, not martyrs. They died for nothing — or rather, they died for work. But work is nothing to die for. ↗
#capitalism #labor #work #life
America runs on credit darling. Why do you worry, our credit will take care of this payment. It is not saving or cash in hand that matters. We do not need cash, we just need potential. The system in the US believes in potential. That is the model of the future. You need not be born rich, but you should be in the league that can make it big. ↗
While boasting of our noble deeds we're careful to conceal the ugly fact that by an iniquitous money system we have nationalized a system of oppression which, though more refined, is not less cruel than the old system of chattel slavery. ↗
A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank. ↗
Economic power is exercised by means of a positive, by offering men a reward, an incentive, a payment, a value; political power is exercised by means of a negative, by the threat of punishment, injury, imprisonment, destruction. The businessman's tool is values; the bureaucrat's tool is fear. ↗
Cash is always the deciding factor in such matters of moral politics; nothing ever gets done unless motivated by commerce or greed. ↗
If the world were full of the self-seeking individuals found in economics textbooks, it would grind to a halt because we would be spending most of our time cheating, trying to catch the cheaters, and punishing the caught. The world works as it does only because people are not the totally self seeking agents that free-market economics believes them to be. We need to design an economic system that, while acknowledging that people are often selfish, exploits other human motives to the full and gets the best out of people. The likelihood is that, if we assume the worst about people, we will get the worst out of them. ↗
