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"You are horrified at our intending to do away with private property. But in your existing society private property is already done away with for nine-tenths of the population; its existence for the few is solely due to its non-existence in the hands of those nine-tenths. You reproach us, therefore, with intending to do away with a form of property, the necessary condition for whose existence is the non-existence of any property for the immense majority of society.In one word, you reproach us with intending to do away with your property. Precisely so: that is just what we intend."
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"Science blasphemed when tries to eliminate scarcity in economy."
Author Name
Personal Development
"If it is asserted that civilization is a real advance in the condition of man - and I think that it is, though only the wise improve their advantages - it must be shown that it has produced better dwellings without making them more costly; and the cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or in the long run."
Author Name
Personal Development
"Your money myth affects your gain and luck.In economics, illusion of money affects wealth."
Author Name
Personal Development
"The mentality of seeking miracles from one place to another is destructive to the economy."
Author Name
Personal Development
"I saw the poverty, I say the prosperity. Both have fundamental problems."
Author Name
Personal Development
"It is impossible to say how far the present value of money depends on its monetary employment and how far on its industrial employment. When the institution of money was first established, the industrial basis of the value of the precious metals may have preponderated; but with progress in the monetary organization of economic life the monetary employment has become more and more important. It is certain that nowadays the value of gold is largely supported by its monetary employment, and that its demonetization would affect its price in an overwhelming fashion."
Author Name
Personal Development
"The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property."
Author Name
Personal Development
"We can't get to the $4 trillion in savings that we need by just cutting the 12 percent of the budget that pays for things like medical research and education funding and food inspectors and the weather service. And we can't just do it by making seniors pay more for Medicare."
Author Name
Personal Development
"If any of the socialist chiefs had tried to earn his living by selling hot dogs, he would have learned something about the sovereignty of the consumers."
Author Name
Personal Development
"A third group of inflationists do not deny that inflation involves serious disadvantages. Nevertheless, they think that there are higher and more important aims of economic policy than a sound monetary system. They hold that although inflation may be a great evil, yet it is not the greatest evil, and that the State might under certain circumstances find itself in a position where it would do well to oppose greater evils with the lesser evil of inflation."
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Personal Development
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"The English have all the material requisites for the revolution. What they lack is the spirit of generalization and revolutionary ardour."
Politics
"The more the division of labor and the application of machinery extend, the more does competition extend among the workers, the more do their wages shrink together."
Business
"The writer must earn money in order to be able to live and to write, but he must by no means live and write for the purpose of making money."
Writing
"The writer may very well serve a movement of history as its mouthpiece, but he cannot of course create it."
Writing
"Greek philosophy seems to have met with something with which a good tragedy is not supposed to meet, namely, a dull ending."
Philosophy
"The first requisite for the happiness of the people is the abolition of religion."
Freedom
"Religion is the opium of the masses."
Contentment
"Nothing can have value without being an object of utility."
Reflection
"The philosophers have only interpreted the world, in various ways; the point is to change it."
Action
"Machines were, it may be said, the weapon employed by the capitalists to quell the revolt of specialized labor."
Business
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