capital is the result of saving, and not of spending. The spendthrift who wastes his substance in riotous living decreases the capital of the country, and therefore the excuse often made for extravagance, that it is good for trade, is based upon false notions respecting capital.
Millicent FawcettA demand for commodities is not a demand for labor. The demand for labor is determined by the amount of capital directly devoted to the remuneration of labor: the demand for commodities simply determines in what direction labor shall be employed.
Millicent FawcettWhat is true of Mr. Mill's influence on the women's-suffrage question is true also of the other political movements in which he took an active interest.
Millicent FawcettIf, however, the success of a politician is to be measured by the degree in which he is able personally to influence the course of politics, and attach to himself a school of political thought, then Mr. Mill, in the best meaning of the words, has succeeded.
Millicent Fawcett