Popular quotes about Capital! Wisdom and inspiration are here! | page 6
We are coming to see that there should be no stifling of labor by capital, or of capital by labor; and also that there should be no stifling of labor by labor, or of capital by capital.
John D. RockefellerRemember 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 BabbageCapital, 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 KieransIn a capitalist world, the word capital has taken on more and more uses. . . . human capital, for instance, which is what labor accumulates through education and work experience. Human capital differs from the classic kind in that you can't inherit it, and it can only be rented, not bought or sold.
Kim StanleyI don't want to overvalue Donald Trump as some historical rupture, and to admit that I do think Trump is an indication of a fairly profound change. But the change started a while ago, and it has taken a while to appear. Global capital, particularly western capital, has been in decline since the late 60s and early 70s. The softness appeared in the 60s, the profit rate fell off the table in 1972 - 73, and there have been very uneven recoveries. This has been an ongoing weakening of the productive economy of accumulation at a global scale, of capital's capacity to expand.
Joshua CloverMy own view on capital punishment is that it is morally justified, but that the government is often so inept and corrupt that innocent people might die as a result. Thus, I personally oppose capital punishment.
Ed CraneThe information revolution has changed people's perception of wealth. We originally said that land was wealth. Then we thought it was industrial production. Now we realize it's intellectual capital. The market is showing us that intellectual capital is far more important that money. This is a major change in the way the world works. the same thing that happened to the farmers during the Industrial Revolution is now happening to people in industry as we move into the information age.
Walter WristonThat'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 WareCommunity 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. PutnamThose 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 SunsteinWe enjoy a considerable net inflow of capital and I am sure that a condition of its coming, and staying, is that it is free to flow out again. It is also important for Hong Kong's status as a financial centre that there should be a maximum freedom of capital movement both in and out.
John James CowperthwaiteAs 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 MisesI 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 MungerOne of the tax systems in the US is for wage earners. The government takes money from them out of each paycheck - so it knows how much they make, and those workers can't cheat to any significant degree. But the other tax system is for capital. Those with capital get to tell the government what they want to tell. They may get audited, but if their tax returns are of any size the government doesn't have enough of the smart auditors to figure out what's really going on. And there are the rules that allow you to do things like take in money today and pay taxes on it thirty years from now.
David Cay JohnstonYou 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 GatesI had some vague memory of visiting Canberra as a lad, when we came up with my father by car. But when I made the long train journey from Sydney to Canberra and arrived at the little stop, I did wonder slightly whether this really was the national capital.
John Henry CarverA 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 WalkerI'm a poet. I distrust anything that starts with a capital letter and ends with a full stop because people don't think in full, clear sentences.
Antjie KrogA 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 EmperorNellie grinned. "I always wanted to go to Venice. It's supposed to be the romance capital of the world." "Sweet," put in Dan. "Too bad your date is an Egyptian Mau on a hunger strike." The au pair sighed. "Better than an eleven-year-old with a big mouth.
Gordon KormanWhile 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. BernsteinYou are your greatest investment. The more you store in that mind of yours, the more you enrich your experience, the more people you meet, the more books you read, and the more places you visit, the greater is that investment in all that you are. Everything that you add to your peace of mind, and to your outlook upon life, is added capital that no one but yourself can dissipate.
George Matthew AdamsI 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 RiordanI mean, everyone agrees with stress tests for banks. I mean that's clear. But banks should do that on their own. And they should worry about their own capital functioning. That's what they should do. It shouldn't be a government function.
Arthur LafferNetwork 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 RohnCapital goes to where it can escape taxation and be used to pay employees in sacks of rice.
Walter WristonI look at some of the things that Donald Trump will do around cutting red tape, reducing bureaucracy, helping entrepreneurs, helping businesses grow more rapidly, more access to capital - I'm all for it. That's all stuff that I've been trying to do in Colorado.
John HickenlooperThe 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.
Joel BakanA 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 ChomskyA 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 HenwoodBy means of the banking system the distribution of capital as a special business, a social function, is taken out of the hands of the private capitalists and usurers. But at the same time, banking and credit become the most effective means of driving captialist production beyond its own limits and one of the most effective vehicles of crises and swindle.
Karl MarxIf 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.
Johann Wolfgang von GoetheOne 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.
Edward GlaeserIf a brand wants to build social communities, capital and influence, it must become the chief celebrant of its community, not its celebrity. This simple shift in approach unlocks enormous transformative potential for brands.
Simon MainwaringContraceptives unlock one of the most dormant, but potentially powerful assets in development: women as decision-makers. When women have the power to make choices about their families, they tend to decide precisely what demographers, economists, and development experts recommend. They invest in the long-term human capital of their families.
Melinda GatesCapitalism 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 KortenWhen you have characters talking about music in any way, especially about music someone doesn't know, some people presume it's about showing social capital and sneering at those who don't have it.
Kieron GillenWe'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 JonesGovernment spending reduces the capital that could be invested to serve consumers and to produce new employment opportunities.
Sheldon RichmanDostoevsky believed that the gods of rationalism and materialist utilitarianism had joined in conspiracy against all other ethical systems. ... The accumulation of capital, or the acquisition of money, are endeavors par excellence which establish a quantifiable goal: hence they are directly amenable to maximization formulae.
John CarrollContrary 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 SchiffIn 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 BuffettOur mother was killed for something she did not do. She was taken away from us. That's as personal as it can get. But, the fact that the government facilitated the invention of evidence in order to convict someone of a capital crime, that is something that should concern everybody.
Robert MeeropolIt 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.
Benjamin TuckerBreaking 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.
David Swanson