Popular quotes about Capital! Wisdom and inspiration are here! | page 24
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 MilanovicRemember that accumulated knowledge, like accumulated capital, increases at compound interest: but it differs from the accumulation of capital in this; that the increase of knowledge produces a more rapid rate of progress, whilst the accumulation of capital leads to a lower rate of interest. Capital thus checks it own accumulation: knowledge thus accelerates its own advance. Each generation, therefore, to deserve comparison with its predecessor, is bound to add much more largely to the common stock than that which it immediately succeeds.
Charles BabbageThere 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. LongIt doesn't make any difference if you are in favor of capital punishment or if you are opposed to capital punishment. The fact of the matter is that as a viable penalty, capital punishment does not work at this time and has not worked in the State of Florida for many, many years.
Gerald KoganIn some ways you still have to buy your freedom, but that's because you live in a social structure that's organized around capital, and capital does equate with a certain kind of freedom, especially if you can start to generate capital on your own.
Kerry James MarshallMost of these charges that people pay are economically unnecessary. There's no real cost behind them. There's no real value behind them. So, they're what the classical economist called empty pricing. Prices with no real cost value. What they called rent and fictitious capital. Capital claims on junk mortgage borrowers. The pretense is that all these debts can be paid but it's all fictitious, because everybody knows - at least on Wall Street everybody knows - that many debts can't be paid.
Michael HudsonI am a libertarian with a small "l" and a Republican with a capital "R". And I am a Republican with a capital "R" on grounds of expediency, not on principle.
Milton FriedmanCapital market liberalization includes freeing up deposit and lending rates, opening up the market to foreign banks, and removing restrictions on capital account transactions and bank lending. The focus is on deregulation, not on finding the right regulatory structure.
Joseph StiglitzDublin ... 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 MorrisThat's precisely what I did. Let's not forget Raqqa is not the first capital of the Islamic State. The first capital of the Islamic State when it was called the Islamic State was the Iraqi city of Ramadi. And the only way I was able to access that city was by going in with American marines and soldiers who were desperately fighting for their lives.
Michael WareCapital as such is not evil; it is its wrong use that is evil. Capital in some form or other will always be needed.
Mahatma GandhiThere 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 PeresI have been brought up in a culture where capital punishment is indeed anathema. I have always thought of myself as a principled opponent to capital punishment. However, when thinking about how the topic is handled in other cultures, in particular the American, Russian and Chinese ones, I have realised that my own tack on the issue was utterly superficial.
Torbjorn TannsjoAttempting to build a language wall around Quebec is precisely the wrong policy to follow. It will keep out of Quebec exactly what we need to attract by way of talent and capital; it will drive our best - francophones as well as allophones and anglophones, with their talents and capital - to leave Quebec.
Dick PoundOnly by providing leading-edge human capital and knowledge capital can American continue to maintain a high standard of living, including providing national security for its citizens.
Norman Ralph AugustineI think there's an awful lot of twaddle and bullshit on EVA. The whole game is to turn retained earnings into more earnings. EVA has ideas about cost of capital that make no sense. Of course, if a company generates high returns on capital and can maintain this over time, it will do well. But the mental system as a whole does not work.
Charlie MungerYou know, development sometimes is viewed as a project in which you give people things and nothing much happens, which is perfectly valid, but if you just focus on that, then you'd also have to say that venture capital is pretty stupid, too. Its hit rate is pathetic. But occasionally, you get successes, you fund a Google or something, and suddenly venture capital is vaunted as the most amazing field of all time. Our hit rate in development is better than theirs, but we should strive to make it better.
Bill GatesAs you probably know, some American politicians and American journalists refer to Washington, DC as the "capital of the free world." But it seems to me that Brussels, which boasts 1,000 years of history and which serves as the capital of Belgium, the home of the European Union, and the headquarters for NATO, this city has its own legitimate claim to that title.
Joe BidenSmart businesses do not look at labor costs alone anymore. They do look at market access, transportation, telecommunications infrastructure and the education and skill level of the workforce, the development of capital and the regulatory market.
Janet NapolitanoA wise governor told me a long time ago, political capital you don't get more of by keeping it. You get it by using it.
Scott WalkerIntellectual capital is the main determining factor and the base for economic and social development to any country.
Talal Abu-GhazalehInspiration is the richest nation I know, the most powerful on earth. Sexual energy Freud calls it; the capital of desire I call it; it pays for both mental and physical expenditure.
Sylvia Ashton-WarnerIn Alabama this would be a capital case, and if we don't get justice in Australia we're going to pursue the death penalty here
Troy KingAdvertising is the voice of capital. We need to do whatever we can to limit capitalist propaganda, regulate it, minimize it, and perhaps even eliminate it. The fight against hyper-commercialism becomes especially pronounced in the era of digital communications.
Robert Waterman McChesneyThe free-trade idea, logically applied, will abolish usury; and with usury will disappear the chief bone of contention between labor and capital. But, just at this point, free-traders go over to the enemy; and many writers on political economy, in flat contradiction of the essential principles of that science, have made elaborate arguments to prove self-government in finance, impossible! What shall we think of men who, having dethroned kings, demolished popes, destroyed slave oligarchies and assailed tariff monopoly, advise submission to the most oppressive and dishonest of despotisms, Usury?
Ezra HeywoodBarack 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 FournierThe name 'Boss' started with people that worked for me... It was not meant like Boss, capital B, it was meant like 'Boss, where's my dough this week?' And it was sort of just a term among friends. I never really liked it.
Bruce SpringsteenFor all great innovations, someone took a risk. They risked capital; they risked their energy; they risked their opportunity cost; and more important, they risked failure. We can't innovate without the belief that we can succeed, the confidence that others will be there to help us on the journey, and the security that we will not be punished if we fail to reach our goal. A fast-moving world demands innovation for long-term success.
Dov SeidmanThe fact is that there was a long war in which Serbia and its capital Belgrade were bombarded and attacked with missiles. It was a military intervention of the West and NATO against the then rump Yugoslavia.
Vladimir PutinPaneloux is a man of learning, a scholar. He hasn't come in contact with death; that's why he can speak with such assurance of the truth-with a capital T. But every country priest who visits his parishioners and has heard a man gasping for breath on his deathbed thinks as I do. He'd try to relieve human suffering before trying to point out its goodness.
Albert CamusThe great financial capital is not in one country, it is transnational, that is why it answers to power elites and that is why when I talk about the imperial power of United States I am in no way referring to the American people, who are a noble people that have always been moved by humane concerns.
Alejandro Castro EspinDid 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 SonnenblickLosing your capital is like losing your trousers. It is a real humiliation, and one not to be soon repeated.
James BuchanMake 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.
Martin Luther King, Jr.Real power does not consist in the ability to inflict capital punishment upon the subjects, but in the will and the ability to protect the subjects against the world.
Mahatma GandhiA rentier is an investor whose relationship to a company or enterprise is strictly limited to the ownership of financial wealth (such as stocks or bonds) and the receipt of income on that wealth (such as dividends or interest). The financial system performs dismally at its advertised task, that of efficiently directing society's savings towards their optimal investment pursuits. The system is stupefyingly expensive, gives terrible signals for the allocation of capital, and has surprisingly little to do with real investment.
Doug HenwoodIf the Treasury were to fill old bottles with bank-notes, bury them at suitable depths in disused coal-mines which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again (the right to do so being obtained, of course, by tendering for leases of the note-bearing territory), there need be no more unemployment and, with the help of repercussions, the real income of the community, and its capital wealth, would probably become a good deal greater than it actually is.
John Maynard KeynesIsrael must withdraw from Jerusalem so that it becomes the capital of a state of Palestine.
Yasser ArafatIf there's a silver bullet in the battle to recapture Albany, it is the re-engagement of our citizens. This capital has become a physical metaphor for the isolation and alienation of our people.
Andrew CuomoLiberals believe and inexhaustible fund exists that can be tapped endlessly to pay for government social programs. Tax the rich and give it to a long line of moochers, pork barrel hustlers and ne'er-do-wells. These funds would otherwise have been employed as additional capital indispensable to economic progress.
James CookProfit is vital to human well-being. Profit is the payment to entrepreneurs just as wages are payments to labor, interest to capital and rent to land. In order to earn profits in free markets, entrepreneurs must identify and satisfy human wants and do so in a way that economizes on society's scarce resources.
Walter E. WilliamsI think a very good system in a world with a lot of passive investors is one in which there are at least a few entrepreneurial investors, prepared to say what they think, prepared to propose a change in management, change in strategy, change in cost structure, capital structure.
Bill AckmanWhen 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.
Robert WyattContrary to the rhetoric emanating from the American left, the 'rich' are currently paying a lot more than 'their fair share.' It is only a handful of mega-rich, those whose entire incomes are derived from dividends and capital gains, rather than salaries or business profits, who have the ability to pay lower tax rates than some members of the middle class. The left knows this but continues to build their 'freeloading millionaire' straw man because it makes good politics.
Peter SchiffFor a guy that grew up on 31st Street and Everroad Park West and played on Haw Creek and dreamed some day of serving in Washington D.C., from my boyhood, to have the opportunity to have represented my hometown in our nation's capital, and now to have the opportunity to serve the entire nation as vice president is ... it's just deeply humbling.
Mike PenceIt 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.
Thomas B. Macaulay