Popular quotes about Capital! Wisdom and inspiration are here! | page 39
Capital, 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 KieransIt 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 KoganBooks constitute capital. A library book lasts as long as a house, for hundreds of years. It is not, then, an article of mere consumption but fairly of capital, and often in the case of professional men, setting out in life, it is their only capital.
Thomas JeffersonIn real estate you can avoid ever having to pay a capital gains tax, decade after decade, century after century. When you sell a property and make a capital gain, you simply turn around and buy a new property. The gain is not taxed. It's called "preserving your capital investment" - which goes up and up in value with each transaction.
Michael HudsonIt is no wonder that bank capital is regulated. When borrowing and lending is profitable, it is tempting for banks to scale up their operations and to borrow and lend too much in relation to their capital, in effect reducing the effectiveness of the potential capital cushion.
Evan DavisMost 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 HudsonHow 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.
Kevin KinsellaThe world has shown that if you provide capital and expertise to an area that is starved for capital and expertise, really good things will happen.
Nathan MyhrvoldWe want to change the identity of Delhi from Generator Capital to Power Generation Capital.
Narendra ModiWe 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.
Kalle LasnThe prerequisite for more economic equality in the world is industrialization. And this is possible only through increased capital investment, increased capital accumulation.
Ludwig von MisesThere 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 MisesOnly 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 AugustineTo become financially independent you must turn part of your income into capital; turn capital into enterprise; turn enterprise into profit; turn profit into investment; and turn investment into financial independence.
Jim RohnStrive, while improving your one talent, to enrich your whole capital as a man. It is in this way that you escape from the wretched narrow-mindedness which is the characteristic of every one who cultivates his specialty alone.
Edward Bulwer-Lytton, 1st Baron LyttonWhile 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. BernsteinRegarding social order, [Francis] Fukuyama writes, "The systematic study of how order, and thus social capital, can emerge in spontaneous and decentralized fashion is one of the most important intellectual developments of the late twentieth century." He correctly attributes the modern origins of this argument to F. A. Hayek, whose pioneering contributions to cognitive science, the study of cultural evolution, and the dynamics of social change put him in the forefront of the most creative scholars of the 20th century.
Douglass NorthJP 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.
Jamie DimonAmerica is a nation with no truly national city, no Paris, no Rome, no London, no city which is at once the social center, the political capital, and the financial hub.
C. Wright MillsFor 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 SeidmanNorth 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 ObasanjoGord [Downie] does so much Waterkeeper stuff. They were involved in [protesting clearcuts at] Clayoquot Sound [in the early '90s]. It's hard sometimes to use the capital you have as a beloved rock band and put it to various causes, especially when they're a bit more controversial, like energy issues.
Sarah HarmerClose the weak banks and impose serious capital requirements on the strong ones...You see, it may sound hard-hearted, but you cannot keep unsound financial institutions operating simply because they provide jobs.
Paul KrugmanAccounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.
Warren BuffettA concrete agenda and landslide victory might not even guarantee a president his mandate in a capital as polarized as Washington.
Ron FournierThe avowed policy of non-co-operation has been not to make political use of the disputes between labour and capital.
Mahatma GandhiMany stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.
Warren BuffettI support the death penalty because I believe, if administered swiftly and justly, capital punishment is a deterrent against future violence and will save other innocent lives.
George W. BushA 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 HenwoodThe simple reason that most people fail financially is not because of the lack of a plan, itโs not because of good advice, itโs not even because of a lack of capital. It is for one reasonโthey attach more pain to the idea of having money, than NOT having it.
Tony RobbinsWe need a president that is sitting down, getting Americans to work, getting this economy going. That is the single most important thing that the president of the United States does, is create a climate where job creators know that they're going to be able to risk their capital and have a chance to have a return on the investment. And it's never too late to start that.
Rick PerryCapitalism is not about free competitive choices among people who are reasonably equal in their buying and selling of economic power, it is about concentrating capital, concentrating economic power in very few hands using that power to trash everyone who gets in their way.
David KortenIf you look at Gothic detailing right down to the bottom of a column or the capital of a column, it's a small version of the whole building; that's why, like dating the backbones of a dinosaur, a good historian can look at a detail of a Gothic building and tell you exactly what the rest of the building was, and infer the whole from the parts.
Charles JencksGovernment spending reduces the capital that could be invested to serve consumers and to produce new employment opportunities.
Sheldon RichmanThe larger the unit of capital present, the easier the transaction called emission of credit. Centralized lending of this kind (which is today universal) actively promotes the absorption of the small man by the great, the reduction of small property owners to a proletarian condition.
Hilaire BellocThe terrors of the child are quite reasonable, and add to his loveliness; for his utter ignorance and weakness, and his enchanting indignation on such a small basis of capital compel every bystander to take his part.
Ralph Waldo EmersonIn an inflationary world, a toll bridge (like company) would be a great thing to own because you've laid out the capital costs. You built it in old dollars and you don't have to keep replacing it.
Warren BuffettWhat is Communism? Communism is the doctrine of the conditions of the liberation of the proletariat. What is the proletariat? The proletariat is that class in society which lives entirely from the sale of its labor and does not draw profit from any kind of capital; whose weal and woe, whose life and death, whose sole existence depends on the demand for labor.
Friedrich EngelsStrive for excellence in your calling, but as a subsidiary to this: Do not fail to enrich your whole capital as man. To be a giant, and not a dwarf in your profession, you must always be growing. The man that has ceased to go up intellectually has begun to go down.
William MatthewsWhen the rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth century and seems quite likely to do again in the twenty-first, capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies are based.
Thomas PikettyThe existence of the soldier, next to capital punishment, is the most grievous vestige of barbarism which survives among men.
Alfred de VignyCage the People, Free the Money. The only thing that is allowed to move freely - unimpeded - around the world today is money... capital.
Arundhati RoyGlobal climate change needs global action now. The alarm bells ought to be ringing in every capital of the world.
John GummerAmerica is the greatest engine of innovation that has ever existed, and it can't be duplicated anytime soon, because it is the product of a multitude of factors: extreme freedom of thought, an emphasis on independent thinking, a steady immigration of new minds, a risk-taking culture with no stigma attached to trying and failing, a noncorrupt bureaucracy, and financial markets and a venture capital system that are unrivaled at taking new ideas and turning them into global products.
Thomas FriedmanWhen people are in a workplace where it's possible to organize and engage in labor actions, that's how they fight, and it can be very effective. When people are not in that situation, they fight in other ways. They fight in the marketplace. One need only notice that there's been a meaningful shift in where people are over the last thirty, or fifty years from traditional productive industries toward a kind of work that involves circulation of capital and products, and toward unemployment. People who are in that situation are unlikely to fight somewhere else.
Joshua CloverWe are going to die, as is everyone we adore - I hate this! But the question is, how do we live as women and men in the face of this? Why do we let ourselves be so distracted and obsessed by meaningless B.S. in light of having one short, precious life? When are we going to wake up and be fully alive to each other and nature and magic and wonder and Life with a capital L? When will we stop hitting the snooze button? And then, how alive are we willing to be?
Anne Lamott