Popular quotes about Capital! Wisdom and inspiration are here!
If, for example, each of us had the same share of capital in the national total capital, then if the share of capital goes up it's not a problem, because you get as much as I do. The problem is that capital in capitalist countries is very heavily concentrated, especially financial capital. So then if the share of income from that source goes up, that actually exacerbates inequality.
Branko MilanovicObviously, consideration of costs is key, including opportunity costs. Of course capital isn't free. It's easy to figure out your cost of borrowing, but theorists went bonkers on the cost of equity capital. They say that if you're generating a 100% return on capital, then you shouldn't invest in something that generates an 80% return on capital. It's crazy.
Charlie MungerDuring the period of capital moving from one employment to another, the profits on that to which capital is flowing will be relatively high, but will continue so no longer than till the requisite capital is obtained.
David RicardoThe tax on capital gains directly affects investment decisions, the mobility and flow of risk capital from static to more dynamic situations, the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth of the economy.
John F. KennedyWhen in Gregg v. Georgia the Supreme Court gave its seal of approval to capital punishment, this endorsement was premised on the promise that capital punishment would be administered with fairness and justice. Instead, the promise has become a cruel and empty mockery. If not remedied, the scandalous state of our present system of capital punishment will cast a pall of shame over our society for years to come. We cannot let it continue.
Thurgood MarshallA realistic definition of risk recognizes the potential loss of capital through inflation and taxes, and would include at least the following two factors: The probability that the investment you chose will preserve your capital over the time you intend to invest your funds. The probability the investments you select will outperform alternative investments for this period.
David DremanThe history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business and invest it in tax-exempt securities or to find other lawful methods of avoiding the realization of taxable income. The result is that the sources of taxation are drying up; wealth is failing to carry its share of the tax burden; and capital is being diverted into channels which yield neither revenue to the Government nor profit to the people.
Andrew MellonCapital does not 'beget profit' as Marx thought. The capital goods as such are dead things that in themselves do not accomplish anything. If they are utilized according to a good idea, profit results. If they are utilized according to a mistaken idea, no profit or losses result. It is the entrepreneurial decision that creates either profit or loss.
Ludwig von MisesHistory does not provide any example of capital accumulation brought about by a government. As far as governments invested in the construction of roads, railroads, and other useful public works, the capital needed was provided by the savings of individual citizens and borrowed by the government.
Ludwig von MisesLabor in this country is independent and proud. It has not to ask the patronage of capital, but capital solicits the aid of labor.
Daniel WebsterIn proportion as the bourgeoisie, i.e., capital, is developed, in the same proportion is the proletariat, the modern working class, developed - a class of labourers, who live only so long as they find work, and who find work only so long as their labour increases capital. These labourers, who must sell themselves piecemeal, are a commodity, like every other article of commerce, and are consequently exposed to all the vicissitudes of competition, to all the fluctuations of the market.
Karl MarxDublin ... is not only the capital of a nation, but the capital of an idea. The idea of Irishness is not universally beloved. Some people mock it, some hate it, some fear it. On the whole, though, I think it fair to say, the world interprets it chiefly as a particular kind of happiness, a happiness sometimes boozy and violent, but essentially innocent: and this ineradicable spirit of merriment informs the Dublin genius to this day.
Jan MorrisTo see how much a company is truly earning on the capital it deploys in its businesses, look beyond EPS to Return on Invested Capital (ROIC).
Benjamin GrahamMarket leadership can translate directly to higher revenue, higher profitability, greater capital velocity and correspondingly stronger returns on invested capital.
Jeff BezosThose subject to capital punishment are real human beings, with their own backgrounds and narratives. By contrast, those whose lives are or might be saved by virtue of capital punishment are mere 'statistical people.' They are both nameless and faceless, and their deaths are far less likely to be considered in moral deliberations.
Cass SunsteinFor me, the goal is always to write a novel that I myself would like to read. People frequently ask me what my favorite book is, and in effect, there's always a capital-F Favorite, capital-B Book that I would like to write myself someday. I try to go for that ideal of writing the best, most entertaining, most beautifully written book that I possibly can.
Michael ChabonThe kind of capitalism we are seeing today under this expansion of property into living resources is a whole, new, different phase of capitalism. It is totally inconsistent with democracy as well as with sustainability. What we have is capital working on a global scale, totally uprooted, with accountability nowhere, with responsibility nowhere, and with rights everywhere. This new capital, with absolute freedom and no accountability, is structurally anti-life, anti-freedom.
Vandana ShivaSo capital is in fact borderless; that's the problem. On the other hand capital has to keep borders alive in order for this kind of cross-border trade to happen. So therefore the idea of borderlessness has a performative contradiction within it which has to be kept alive.
Gayatri Chakravorty SpivakIsrael's capital will never again be a divided city, a city with a wall at its center, a city in which two flags fly. This city, will, in its entirety, absorb immigrants, welcome pilgrims and be the eternal capital of Israel forever.
Yitzhak ShamirThere never was a woman like her. She was gentle as a dove and brave as a lioness... The memory of my mother and her teachings were, after all, the only capital I had to start life with, and on that capital I have made my way.
Andrew JacksonIf you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles.
Lawrence SummersA country becomes more prosperous in proportion to the rise in the invested capital unit per unit of its population.
Ludwig von MisesAdvertising is the voice of capital. We need to do whatever we can to limit capitalist propaganda, regulate it, minimize it, and perhaps even eliminate it. The fight against hyper-commercialism becomes especially pronounced in the era of digital communications.
Robert Waterman McChesney...Senate Doc. # 259. The 65th congress(:)...The coal companies made between 100% and 7,856% on their capital stock during the war (to end all wars, WWI). ...The leather people sold your Uncle Sam hundreds of thousands of saddles for the calvary. But there wasn't any calvary overseas!
Smedley Butler[T]he State . . . gives idle capital the power of increase, and, through interest, rent, profit, and taxes, robs industrious labor of its products.
Benjamin TuckerThe bourgeoisie is very fond of so-called practical types and novels with happy endings, since they soothe it with the idea that one can both accumulate capital and preserve innocence, be a beast and at the same time be happy...
Anton ChekhovMy urgent advice to you would be, not only always to think first of America, but always, also, to think first of humanity. You do not love humanity if you seek to divide humanity into jealous camps. Humanity can be welded together only by love, by sympathy, by justice, not by jealousy and hatred. I am sorry for the man who seeks to make personal capital out of the passions of his fellowmen. He has lost touch with the ideal of America. For America was created to unit mankind.
Woodrow WilsonMake your way to death row and speak with the tragic victims of criminality. As they prepare to make their pathetic walk to the electric chair, their hopeless cry is that society will not forgive. Capital punishment is society's final assertion that it will not forgive.
Martin Luther King, Jr.I think there's tremendous significance and opportunity in Americans seeing legally married gay couples treated with respect in our nation's capital.
Evan WolfsonAccounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.
Warren BuffettVenice, that capital city of dream and intrigue, that double city (one above and seemingly solid, one below, wavering and reflected in the waters), which never disappoints.
Erica JongThe genius of the corporation as a business form, and the reason for its remarkable rise over the last three centuries , was - and is - its capacity to combine the capital, and thus the economic power, of unlimited numbers of people.
Joel BakanSince the State necessarily lives by the compulsory confiscation of private capital, and since its expansion necessarily involves ever-greater incursions on private individuals and private enterprise, we must assert that the state is profoundly and inherently anti-capitalist .
Murray RothbardI started by saying that one of the most fateful errors of our age is the belief that the problem of production has been solved. This illusion, I suggested, is mainly due to our inability to recognize that the modern industrial system, with all its intellectual sophistication, consumes the very basis on which is has been erected. To use the language of the economist, it lives on irreplaceable capital which it cheerfully treats as income.
E. F. SchumacherCapital has its proper place and is entitled to every protection. The wages of men should be recognized in the structure of and in the social order as more important than the wages of money [interest].
Abraham LincolnWhat is Communism? Communism is the doctrine of the conditions of the liberation of the proletariat. What is the proletariat? The proletariat is that class in society which lives entirely from the sale of its labor and does not draw profit from any kind of capital; whose weal and woe, whose life and death, whose sole existence depends on the demand for labor.
Friedrich EngelsWhen I reviewed Hayek's book, The Pure Theory of Capital, it is my sincere conviction that this work contains some of the most penetrating thoughts on the subject that have ever been published.
Fritz MachlupNew product and new types of service are generated, not by asking the consumer, but by knowledge, imagination, innovation, risk, trial and error on the part of the producer, backed by enough capital to develop the product or service and to stay in business during the learn months of introduction.
W. Edwards DemingCapital punishment, that thing scares me, it really does. I was talking to my friend about the electric chair, and he starts freakin' out. He's like 'the electric chair? That's too good for these people. That's too good for them'. Alright, how do we make the electric chair worse? How about this? They have to pedal a car battery to their own head. Is that ok? Is that enough, Mr. Hitler?
Dave AttellThe share price must be less than book value. Preferably it will be less than net working capital less long term debt.
Peter CundillThe first year, I didn't have much capital so I did everything myself. I had to keep my overhead low by learning everything about running a business, from accounting to fixing the gears of my equipment. I really started from scratch.
Li Ka-shingWhat worker or peasant can pay 80 - 90 million dollars to elect a senator or 4 billion to elect a president? Only great capital can do that. That is why we say that bourgeois democracy has been evolving in the last years into dollar democracy, this is not the democracy of sovereignty, and only the people can determine that.
Alejandro Castro EspinFor price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid.
David RicardoFashion was the only law, pleasure the only pursuit, and the splendour of dress and furniture was the only distinction of the citizens of Antioch. The arts of luxury were honoured; the serious and manly virtues were the subject of ridicule; and the contempt for female modesty and reverent age announced the universal corruption of the capital of the East.
Edward GibbonWe are talking about capital-intensive enterprises, so market certainty is the key. Investors and entrepreneurs have to know that there will be a guaranteed U.S. renewable energy market in which they can compete. Otherwise, they will create the next generation of green companies and green jobs in Asia, not here.
Van JonesThe jovial party broke up next morning. Breakings-up are capital things in our school-days, but in after life they are painful enough. Death, self-interest, and fortune's changes, are every day breaking up many a happy group, and scattering them far and wide; and the boys and girls never come back again.
Charles Dickens