Quotes About Capital

Thus, 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.

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.

Capital 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.

The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high returns. That becomes a compounding machine.

We are now heading down a centuries-long path toward increasing the productivity of our natural capital - the resource systems upon which we depend to live - instead of our human capital.

When you tax capital gains income, you don't help the economy, you hurt the economy, which is why President Kennedy, President Reagan, President Clinton and President Bush all believed we should have a lower rate for capital gains.

Capital movements are no longer necessarily related to the production of goods and services. Through the financial markets of the world, capital movements today are overwhelmingly concerned with the capture of and trade in property rights, the ownership of assets that magnify a corporation's wealth, power, and control. It is what John Maynard Keynes described as "a casino world"-wealth without worth.

If you go out into the real world, you cannot miss seeing that the poor are poor not because they are untrained or illiterate but because they cannot retain the returns of their labor. They have no control over capital, and it is the ability to control capital that gives people the power to rise out of poverty.

To see how much a company is truly earning on the capital it deploys in its businesses, look beyond EPS to Return on Invested Capital (ROIC).

I want to deal with the homeless situation here in Washington, D.C. I think it is a travesty that we've got men - and increasingly women - families, across the street and the in shadow of this great capital, that shows a lack of concern, not just for the capital, but for American, when we are allowing something like that to happen.

For me, the goal is always to write a novel that I myself would like to read. People frequently ask me what my favorite book is, and in effect, there's always a capital-F Favorite, capital-B Book that I would like to write myself someday. I try to go for that ideal of writing the best, most entertaining, most beautifully written book that I possibly can.

At a basic level venture capitalists are arbitrageurs: they have access to more information than those with the capital, and access to more capital than those with information, and they profit by exploiting the mismatch.

Equality of economic opportunity, in the context of private property, means equality of opportunity for the millions of capital-less households of today to buy, pay for, and employ in their lives the non-human factor of production, capital.

What distinguishes the historical social system we are calling historical capitalism is that in this historical system capital came to be used (invested) in a very special way. It came to be used with the primary objective or intent of self-expansion. In this system, past accumulations were 'capital' only to the extend they were used to accumulate more of the same.

I 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.

The first priority is to make sure we have capital to continue to have capital available to put into the financial system. That's the first priority.

There never was a woman like her. She was gentle as a dove and brave as a lioness... The memory of my mother and her teachings were, after all, the only capital I had to start life with, and on that capital I have made my way.

Muslims consider the honor of the Prophet Muhammad to be dearer to them than that of their parents or even themselves. To defend it is considered to be an obligation upon them. The strict punishment if found guilty of this crime under sharia, the Islamic law, is capital punishment implementable by an Islamic State. This is because the Messenger Muhammad said, ‘Whoever insults a Prophet, kill him.’

These days, the media is defining what cultural capital is, and it's easily learned. If you have money, anything can be bought. We see this in China and Russia with what I call the "Bling Dynasty and New Oligarchy" in Generation Wealth. As people got rich and everybody started buying Louis Vuitton bags, it became clear that to distinguish yourself you had to have more than an expensive bag. People began to want the things that money is not supposed to be able to buy - history, tradition, education, and culture.

This 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.

The 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.

What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is built on the sands of banknotes and deposits. It must collapse.

Capital Letters Were Always The Best Way Of Dealing With Things You Didn't Have A Good Answer To.

Losing your capital is like losing your trousers. It is a real humiliation, and one not to be soon repeated.

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.

In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.

Next to the commodities of corruption, and religion, however, Nigeria is the world capital of rumour mongering.

If we could do away with death, we wouldn't object; to do away with capital punishment will be more difficult. Were that to happen, we would reinstate it from time to time.

One of the great ironies is that the impact of the flattening world has not been to empower decentralized rural land, but to strengthen the cities in China and India and elsewhere that are gateways between those countries and the West. It's deeply wise for the Chinese to be pro-urban in terms of development. They're creating space for ideas and human capital to be developed.

That monstrous tuberosity of civilised life, the capital of England.

In my early days, fashion was considered a very high risk industry. The failure rate is very high. Trying to get capital and trying to find people who specialize in that industry is very difficult too.

The real end winner of NAFTA is going to be Mexico because we have the human capital. We have that resource that is vital to the success of the U.S. economy.

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.

There 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.

I 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.

The essence of capitalism is to turn nature into commodities and commodities into capital. The live green earth is transformed into dead gold bricks, with luxury items for the few and toxic slag heaps for the many. The glittering mansion overlooks a vast sprawl of shanty towns, wherein a desperate, demoralized humanity is kept in line with drugs, television, and armed force.

In 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.

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.

Breaking the United States up into a number of pieces could be very good for the integration of those new nations with the rest of the world and the international law whose primary enemy is now the United States government. I think that it would be very good for democracy, for people to be within some hundreds of miles of their nation's capital, as they are in many other countries, so that they didn't have to travel thousands of miles to protest, to exercise their First Amendment rights, but that is the current state of affairs in this overly large, imperial nation.

Strive 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.

When I reviewed Hayek's book, The Pure Theory of Capital, it is my sincere conviction that this work contains some of the most penetrating thoughts on the subject that have ever been published.

The existence of the soldier, next to capital punishment, is the most grievous vestige of barbarism which survives among men.

Cage the People, Free the Money. The only thing that is allowed to move freely - unimpeded - around the world today is money... capital.

The share price must be less than book value. Preferably it will be less than net working capital less long term debt.

I am deeply convinced that any permanent, regular administrative system whose aim is to provide for the needs of the poor will breed more miseries than it can cure, will deprave the population that it wants to help and comfort, will dry up the sources of savings, will stop the accumulation of capital, will retard the development of trade, and will benumb human industry.

Demographics need not be destiny. The waning West became what it is not by out-breeding the undeveloped world. We were once great not because of huge numbers, but due to human capital - people of superior ideas and abilities, capable of innovation, exploration, science, philosophy.

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.