"The inherent vice of capitalism is the..." - Quote by Winston Churchill
The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.
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“The game of life does not proceed like a mathematical calculation on the principle that two and two make four. Sometimes they make five, or minus four, and sometimes the blackboard topples over in the middle of the sum and the pedagogue is left with a black eye.”
“We shape our homes and then our homes shape us.”
“The is always much to be said for not attempting more than you can do and for making a certainty of what you try. But this principle, like others in life and war, has it exceptions.”
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“All wages are based primarily on productive power. Anything else would be charity.”
“If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way. It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People.”
“The environmental problems of developing countries are not the side effects of excessive industrialisation but reflect the inadequacy of development.”
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“Commercial concerns have expanded from family business to corporate wealth which is self-perpetuating and which enlightened statesmen and economists now dread as the most potent oligarchy yet produced.”
“Ours is a system of corporate socialism, where companies capitalize their profits and socialize their losses…in effect, they tax you for their accidents, bungling, boondoggles, and mismanagement, just like a government. We should be able to deselect them.”
“Financiers live in a world of illusion. They count on something which they call the capital of the country, which has no existence.”