Popular quotes about Capital! Wisdom and inspiration are here! | page 14
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 MungerThus, the capital owner is not a parasite or a rentier but a worker - a capital worker. A distinction between labor work and capital work suggests the lines along which we could develop economic institutions capable of dealing with increasingly capital-intensive production, as our present institutions cannot.
Louis O. KelsoCapital, never concerned with distribution, is now less and less concerned with production. Capital is driving for power, for the control over markets, lands, resources. Capital, in corporate hands, can move anywhere and thus demand and get the utmost in concessions and privileges as well as the freedom to operate in the interest of ever-increasing wealth and assets.
Eric KieransThere are but three political-economic roads from which we can choose... We could take the first course and further exacerbate the already concentrated ownership of productive capital in the American economy. Or we could join the rest of the world by taking the second path, that of nationalization. Or we can take the third road, establishing policies to diffuse capital ownership broadly, so that many individuals, particularly workers, can participate as owners of industrial capital. The choice is ours.
Russell B. LongWe have a legal system, and this is not something that happens all the time. We have capital punishment. America has capital punishment. Iran has capital punishment. Iran hangs people and leaves their bodies hanging on cranes. Iran put to death more than a thousand people last year. I don't see EU reporting on it.
Adel al-JubeirI think if you had a capital-gains system where the long, patient capital would actually be rewarded, nanosecond capital turning would not be.
Hillary ClintonHistory 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 MisesCapital requires protection, as do the institutions through which it operates. As capital expands its operations, the state that is associated with its protection must develop its capacity for autocratic control. Thus, the "Free World" increasingly resembles a dreary string of heartless police states.
Michael ParentiToday, financial capital is no longer the key asset. It is human capital. Success is no longer about economic competence as the main leverage. It is about emotional intelligence. It is no longer about controls. It is about collaboration. It is no longer about hierarchies. It is about leading through networks. It is no longer about aligning people through structures and spreadsheets. It is about aligning them through meaning and purpose. It is no longer about developing followers. It is about developing leaders.
Darren HardyIf one fourth of the capital of a country were suddenly destroyed, or entirely transferred to a different part of the world, without any other cause occurring of a diminished demand for commodities, this scantiness of capital would certainly occasion great inconvenience to consumers, and great distress among the working classes; but it would be attended with great advantages to the remaining capitalists.
Thomas MalthusWe can ill afford to have activities conducted as "non-profit," that is, as activities that devour capital rather than form it, if they can be organized as activities that form capital, as activities that make a profit.
Peter DruckerDublin ... 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 MorrisThe geographical movement of money and commodities as capital is not the same as the movements of products and of precious metals. Capital is, after all, money used in a certain way, and is by no means identical with all money uses.
David HarveyCommunity connectedness is not just about warm fuzzy tales of civic triumph. In measurable and well-documented ways, social capital makes an enormous difference in our lives...Social capital makes us smarter, healthier, safer, richer, and better able to govern a just and stable democracy.
Robert D. PutnamThere is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population. The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed. This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.
Ludwig von MisesEarly in the morning, I fell in love with the girl that later on became my wife. At that time, we were so naive. I wanted to charm her, so I read her Capital by Marx. I thought somehow she would be convinced by the strength of his criticism about capital.
Shimon PeresThose 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 SunsteinCapital is money, capital is commodities. By virtue of it being value, it has acquired the occult ability to add value to itself. It brings forth living offspring, or, at the least, lays golden eggs.
Karl MarxThe advantage of the free market system is that people invest their capital, they create jobs by investing their capital, and hopefully they get a return on that investment. I don't think there's anything wrong with good old American capitalism.
Steve StiversAs the prosperity of the nation and the height of wage rates depend on a continual increase in the capital invested in its plants, mines and farms, it is one of the foremost tasks of good government to remove all obstacles that hinder the accumulation and investment of new capital.
Ludwig von MisesA lot of people out there working hard and finally building up to getting a pretty good income. Higher tax rates on them, you know, the income rates going up, the dividend rates are going up, the capital gains rates all going up before health care kicks in.
Fred Thompson...These politically correct language initiatives are misguided and harmful. They create highly entitled professional "victims" who expect to be free from any offense, and they engender a stifling atmosphere where all individuals walk on eggshells lest they might commit a linguistic capital crime.
Gad SaadA defensive war is apt to betray us into too frequent detachment. Those generals who have had but little experience attempt to protect every point, while those who are better acquainted with their profession, having only the capital object in view, guard against a decisive blow, and acquiesce in small misfortunes to avoid greater.
Frederick II, Holy Roman EmperorKing Croesus, watching Persian soldiers sack [his capital city], is supposed to have asked the Persian King Cyrus, 'What is it that all those men of yours are so intent upon doing?' 'They are plundering your city and carrying off your treasures,' Cyrus replied. 'Not my city or my treasures,' Croesus corrected him. 'Nothing there any longer belongs to me. It is you they are robbing.'
Diodorus SiculusCapital in money form has no citizenship. It is fungible, an asset capable of moving from place to place in a nanosecond.
Eric KieransWhile it is probably a poor idea to own actively managed funds in general, it is truly a terrible idea to own them in taxable accounts... taxes are a drag on performance of up to 4 percentage points each year... many index funds allow your capital gains to grow largely undisturbed until you sell... For the taxable investor, indexing means never having to say you're sorry.
William J. BernsteinThe Heart is the Capital of the Mindโ The Mind is a single Stateโ The Heart and the Mind together make A single Continentโ Oneโis the Populationโ Numerous enoughโ This ecstatic Nation Seekโit is Yourself.
Emily DickinsonThis investment will provide capital to help high-potential start-up companies transition from product development to market entry, while also providing skills training to help them position themselves to be more attractive to investors and commercial partners. We are pleased to support the entrepreneurial community in southern Ontario and contribute to economic growth and job creation.
Gary GoodyearA useful analogy is to see traditional societies as relying on instantaneous (or minimally delayed) and constantly replenished solar income, while modern civilization is withdrawing accumulated solar capital at rates that will exhaust it in a tiny fraction of the time that was needed to create it.
Vaclav SmilBarack Obama won a second term but no mandate. Thanks in part to his own small-bore and brutish campaign, victory guarantees the president nothing more than the headache of building consensus in a gridlocked capital on behalf of a polarized public.
Ron FournierWe're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.
Warren BuffettI figure the world is basically a machine. I don't know who made it, if it was the Fates, or the gods, or the capital-G god or whatever. But it chugs along the way it's supposed to most of the time. Sure, little pieces break off and stuff goes haywire once in a while, but mostly... things happen for a reason.
Rick RiordanNetwork marketing is the big wave of the future. It's taking the place of franchising, which now requires too much capital for the average person.
Jim RohnWe owe our troops the opportunity to serve in the best-planned, best-equipped, and best-led military force in the world, and we owe them the peace of mind that comes from knowing that they and their families will be taken care of if they sacrifice life, limb or the ability to sleep without war's nightmares. We owe them not just thanks and best wishes, but action, and action in our nation's capital.
John F. KerryNorth and south must also adopt measures to arrest the growing phenomenon of illegal capital flight and the repatriation of illicit wealth siphoned abroad by corrupt political leaders and their collaborators back to their countries of origin.
Olusegun ObasanjoBut now inquiry is being made concerning these issues. First, can any believer enlist in the military? Second, can any soldier, even those of the rank and file or lesser grades who neither engage in pagan sacrifices nor capital punishment, be admitted into the church? No on both counts.
TertullianThe banks themselves were doing business on capitals three-fourths of which were fictitious. This fictitious capital... is now to be lost, and to fall on somebody; it must take on those who have property to meet it, and probably on the less cautious part, who, not aware of the impending catastrophe, have suffered themselves to contract, or to be in debt, and must now sacrifice their property of a value many times the amount of the debt. We have been truly sowing the wind, and are now reaping the whirlwind.
Thomas JeffersonCapital goes to where it can escape taxation and be used to pay employees in sacks of rice.
Walter WristonDid you really JUST fall, Jeffrey? Why does everybody in my family talk in these dramatic CAPITAL LETTERS all the time? Why am I the only calm one?
Jordan SonnenblickThe unprecedented success of Keynesianism is due to the fact that it provides an apparent justification for the 'deficit spending' policies of contemporary governments. It is the pseudo-philosophy of those who can think of nothing else than to dissipate the capital accumulated by previous generations.
Ludwig von MisesA concrete agenda and landslide victory might not even guarantee a president his mandate in a capital as polarized as Washington.
Ron FournierHonduras has become a murder capital of the world; there's horrible atrocities, infanticide, murder of women is way up, and people are fleeing in desperation. They come to the border, and we put them in trucks and send them back to Mexico to die. And here people are scared of illegal immigrants - that's what we're doing. It's pretty shocking.
Noam ChomskyThe American people, I think, are tired of being told. They're tired of being told this is as good as it gets. They're tired of being told, like Ronald Reagan used to say, that little intellectual elite in a far distant capital can plan our lives better for us than we can plan them for ourselves.
Mike PenceThere would be a cost for dumping carbon into our atmosphere and a cap on total emissions. The government must make a clear and firm decision - terminating the idea in our society it is free to pump infinite amounts of carbon into the air. Once that happens, private capital will flow even more aggressively into developing and deploying the alternative, less-polluting technologies.
Van JonesIn the modern era, it isn't enough to write, you must also be the Writer, with a capital 'W,' and play your part as the protagonist in the cautionary narrative in which you will fail or triumph, be in or out, hot or cold, ride the wheel of fortune.
Tony KushnerWe're just trying to end illegitimate government support for a single technology, which is un-American. We should be leading the world in the next generation of technological innovation. But we can't unleash private capital because of what the government is doing to stifle innovation and to choke competition.
Van Jones