Quotes About Capital

Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.

I admit that one should never underestimate the capacity of banks to destroy enormous amounts of accumulated capital and reduce, temporarily, the supply. After all, capital is the accumulated savings of mankind. And banks are great masters in destroying enormous amounts of capital with great regularity.

How many of the unicorn companies are really prosaic businesses - like limousine services or renting rooms in your house? The original VC firms from the '70's made their money and established the reputation of their respective brands by leveraging big cleverness with small capital, not small cleverness with big capital, and that's what's going on with these unicorns. That has never worked and it won't work this time. It doesn't produce venture quality returns, and it never will.

In 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.

Today, 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.

We got rich by violating one of the central tenets of economics: thou shall not sell off your capital and call it income. And yet over the past 40 years we have clear-cut the forests, fished rivers and oceans to the brink of extinction and siphoned oil from the earth as if it possessed an infinite supply. We've sold off our planet's natural capital and called it income. And now the earth, like the economy, is stripped.

What being among the 'right people' entails is the possession of human capital, rather than organizational capital: an individual reputation, portable skills, and network connections. Career responsibility is squarely in the hands of individuals, a function of their knowledge and networks. Transferable knowledge is more important to a career than firm-specific knowledge.

As a Catholic, you can have two views on capital punishment. You can think, let Caesar do what Caesar needs to do, and the law says you can impose capital punishment, so you impose it. You can [also] be a Catholic who says we can't kill, we can't kill babies and we can't kill adults. If you let a decision be driven by your personal views, then you are not doing what a judge needs to do, which is enforce the laws of the society that you are in. But you can control your own behavior, and that is the choice that the church and God gives us - what kind of people are we going to be.

It's a tract against capital punishment in the genre of Swift's Modest Proposal. I was simply following a formula to its logical conclusion. Some people appear to have understood it. The publication of Naked Lunch in England practically coincided with their abolition of capital punishment. The book obviously had a certain effect.

The 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.

There's a lot of really wonderful things about the United States of America, especially its ethnic diversity and its mostly successful struggle to create a democracy out of many different cultures. So, we have a lot of capital as a people, we have a lot of cultural capital to keep our democracy going.

Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?

A 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.

The true, unacknowledged purpose of capital punishment is to inspire fear and awe -- fear and awe of the State.

Small businesses, you can give them capital, but what they often need as much is mentoring, advice and help with their business plan.

JP Morgan always has higher capital liquidity, that is partially to make up for mistakes and problems and obviously its a tough economy. We support an oversight committee, we supported some of the compensation, new compensation rules, though we already follow most of them. We support a lot of it.

I 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.

The less you eat, drink and read books; the less you go to the theatre, the dance hall, the public house; the less you think, love, theorize, sing, paint, fence, etc., the more you save-the greater becomes your treasure which neither moths nor dust will devour-your capital. The less you are, the more you have; the less you express your own life, the greater is your alienated life-the greater is the store of your estranged being.

Make 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.

The law which attempts a man's life [capital punishment] is impractical, unjust, inadmissible. It has never repressed crime - for a second crime is every day committed at the foot of the scaffold.

The 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.

For venture capital, one of the original principles is people you want to invest in are people who've done it before with someone else's money. Not people who've just came out of business school.

The 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.

I believe that the truth with a capital T is at the center of all the great religious teachings.

There can be no greater error then in supposing that capital is increased by non-consumption.

Haitian diplomacy will be oriented toward the influx of foreign capital, direct investments that create jobs and stimulate economic growth.

Is my mother my friend? I would have to say, first of all she is my Mother, with a capital 'M'; she's something sacred to me. I love her dearly...yes, she is also a good friend, someone I can talk openly with if I want to.

I 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.

In order to access private capital, you have to provide competitive return on investment. In order to give competitive returns to investors, you've got to operate on a profitable basis and be thinking of yourself as a business.

When I'm singing I try not be a singer with a capital S. I just try to get it out so I feel comfortable with it.

It has often been found that profuse expenditures, heavy taxation, absurd commercial restrictions, corrupt tribunals, disastrous wars, seditions, persecutions, conflagrations, inundation, have not been able to destroy capital so fast as the exertions of private citizens have been able to create it.

It is not competition, but monopoly, that deprives labor of its product. Destroy the banking monopoly, establish freedom in finance, and down will go interest on money through the beneficent influence of competition. Capital will be set free, business will flourish, new enterprises will start, labor will be in demand, and gradually the wages of labor will rise to a level with its product.

Put it down in capital letters: SELF-DEVELOPMENT IS A HIGHER DUTY THAN SELF-SACRIFICE. The thing that most retards and militates against women’s self development is self-sacrifice.

The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.

There is no capital more useful than intellect and wisdom, and there is no indigence more injurious than ignorance and unawareness.

Dealing with people, my friends, is really nothing more than a question of the price that one is willing to pay. The better you understand life, the more capital you build.

It is not a zero sum game. The simple idea of the gains from trade lies at the heart of the modern and the ancient economy, not the power of capital. There is nothing else to it.

In my 35 years in the army I was in school for 6 years. I think corporations should take a look at whether they are investing enough in the development of their human capital.

A huge dog, tied by a chain, was painted on the wall and over it was written in capital letters 'Beware of the dog.'

The hardest thing, particularly in the fashion industry in Canada, has been access to capital.

I believe that inside many Americans lies certain uneasiness about capital punishment.

What 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.

Basically my point of view on unicorns is that private companies which have sky high valuations, it doesn't really mean anything in the real world until it's marked to market. And there's only two ways things get marked to market in venture capital: Either a company is acquired by another company for cash or marketable security, or it goes public, and then it has reporting requirements and then the market will determine the value.

In Santiago, the capital of the kingdom of Chile, at the moment of the great earthquake of 1647 in which many thousands lost their lives, a young Spaniard called Jeronimo Rugera was standing beside one of the pillars in the prison to which he had been committed on a criminal charge, and he was about to hang himself.

Contrary to a tenacious myth, France is not owned by California pension funds or the Bank of China, any more than the United States belongs to Japanese and German investors. The fear of getting into such a predicament is so strong today that fantasy often outstrips reality. The reality is that inequality with respect to capital is a far greater domestic issue than it is an international one.

Information is the manager's main tool, indeed the manager's capital, and it is he who must decide what information he needs and how to use it.

The spy boom has been a beautiful windfall for architects, construction companies, IT specialists, and above all defense contractors, enriching thousands of private companies and dozens of local economies hugging the Capital Beltway.

Canada may be fast-forwarding, jump starting, into a new pattern, a model of communication linkages, a civilization that is more than a grab for power and dominance, a place that could channel the fires of the global wirings, where political alliances are subject to electrical ebb and flow, and the alchemical cultivations of imagination and perception, of the self, could precail of the ideology of capital.