Most of us owe instead of own. And the less the economy needs our labor, the less able we are to "save" our way to capital ownership.

The rising productivity of labor is a myth, a statistical illusion created by measuring combined output in terms of labor input.

The totalitarian toil-state originates in the propertylessness of the majority.

Hard-core structural poverty has a counterpart at the apex: hard-core structural affluence.

Money is not a part of the visible sector of the economy; people do not consume money. Money is not a physical factor of production, but rather a yardstick for measuring economic input, economic outtake and the relative values of the real goods and services of the economic world. Money provides a method of measuring obligations, rights, powers and privileges. It provides a means whereby certain individuals can accumulate claims against others, or against the economy as a whole, or against many economies.

It is the institutions of society, not parental genes, that bestow the blessings of ownership of productive capital.

No Keynesian has ever proposed a measure designed to make the individual more productive; for that would require institutional means for enabling him to acquire ownership of the nonhuman factor of production: capital.