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"Joint-stock companies are yet in their infancy, and incorporated capital, instead of being a thing which can be overturned, is a thing which is becoming more and more indispensable."
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"To me, living in the present means being aware of your conscious choice to focus on the past, present or future - it is not necessarily having to focus on the present."

"Being president is like being a jackass in a hailstorm. There's nothing to do but to stand there and take it."

"Being a hero is about the shortest-lived profession on earth."

"One cannot be deeply responsive to the world without being saddened very often."

"It is an absolute and virtually divine perfection to know how to enjoy our being rightfully."
Explore more quotes by William Graham Sumner


"The great hinderance to the development of this continent has lain in the lack of capital."


"The waste of capital, in proportion to the total capital, in this country between 1800 and 1850, in the attempts which were made to establish means of communication and transportation, was enormous."


"A drunkard in the gutter is just where he ought to be, according to the fitness and tendency of things. Nature has set upon him the process of decline and dissolution by which she removes things which have survived their usefulness."


"It is the tendency of the social burdens to crush out the middle class, and to force society into an organization of only two classes, one at each social extreme."


"Men never cling to their dreams with such tenacity as at the moment when they are losing faith in them, and know it, but do not dare yet to confess it to themselves."


"Moreover, there is an unearned increment on capital and on labor, due to the presence, around the capitalist and the laborer, of a great, industrious, and prosperous society."


"A good father believes that he does wisely to encourage enterprise, productive skill, prudent self-denial, and judicious expenditure on the part of his son."


"Then, again, the ability to organize and conduct industrial, commercial, or financial enterprises is rare; the great captains of industry are as rare as great generals."
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