Technology has no function except to save labor. Yet how often do we hear that the purpose of new capital formation is to create jobs?

If capital produces most of the economy's wealth and income is distributed on the basis of productive input, the individual can hardly reach his goal - an affluent level of income - solely by means of his labor.

The first principle of economic symmetry: building the economic power to consume simultaneously with the industrial power to produce.

Everyone should own a piece of the wealth-producing capital of this country, but not everyone can be a manager. Or should be.

The way the system now works, credit is extended to those who don't need it and denied to those who are in desperate need of it.

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.

The point is to make the pie grow faster and distribute the new growth more equitably.