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The distribution of wealth is even more unequal than that of income. ...The wealthiest 5% of American households held 54% of all wealth reported in the 1989 survey. Their share rose to 61% in 2010 and reached 63% in 2013. By contrast, the rest of those in the top half of the wealth distribution ยfamilies that in 2013 had a net worth between $81,000 and $1.9 million ยheld 43% of wealth in 1989 and only 36% in 2013.
Janet YellenIf wealth is accumulated in the hands of a few, either by a feudal or a stock monopoly, it carries the power also; and a government becomes as certainly aristocratical, by a monopoly of wealth, as by a monopoly of arms. A minority, obtaining a majority of wealth or arms in any mode, becomes the government.
John TaylorAs long as we see America and her wealth as something that we want, we will never leave Pharaoh. As God's hand touched the wealth of Pharaoh, it is now touching the wealth of America. As the Black man and woman become more awakened to the wicked machinations of government, the aim is the same today: We should never be free of their influence and power.
Louis FarrakhanIn the same way the eminence attaching to the mere possession of great wealth disappoints us nine times out of ten, especially if the wealth has been accumulated rapidly. For great wealth is accumulated rapidly by cunning or chance, or a mixture of the two. Cunning has nothing to do with high qualities; it is rather a presumption against them; while chance has nothing to do with them either. Therefore it is that men are always complaining after meeting So-and-so, that he seemed to be astonishingly stupid, though he made a million in ten years and started as a pauper.
Hilaire BellocThe most obvious and yet the oldest and most stubborn error on which the appeal of inflation rests is that of confusing โmoneyโ with โwealthโโฆReal wealth, of course, consists in what is produced and consumed: the food we eat, the clothes we wear, the houses we live in. It is railways and roads and motor cars; ships and planes and factories; schools and churches and theaters; pianos, paintings and books. Yet so powerful is the verbal ambiguity that confuses money with wealth, that even those who at times recognize the confusion will slide back into it in the course of their reasoning.
Henry HazlittIn Aryans' Discipline, to build a friendship is to build wealth, To maintain a friendship is to maintain wealth and To end a friendship is to end wealth.
Gautama BuddhaThis is not to say that the government should confiscate from the "haves" and bestow upon the "have-nots", beyond the requirements of a compassionate welfare program to provide for those who cannot provide for themselves. Far from it. But it is to say that our duty is to foster a strong, vibrant wealth-producing economy which operates in such a way that new additions to wealth accrue to those who presently have little or no ownership stake in their country.
Ronald ReaganNever forget that no government has wealth of its own to spend. The money has to come from taxation, monetary inflation, or debt expansion that must be paid later. And government's spending choices will always be uneconomic relative to how society would use that wealth. That is to say, the money will be wasted.
Llewellyn RockwellAt the beginning of this marvelous era it was natural to expect, and it was expected, that laborsaving inventions would lighten the toil and improve the condition of the laborer; that the enormous increase in the power of producing wealth would make real poverty a thing of the past... From Progress and Poverty, To those who, seeing the vice and misery that spring from the unequal distribution of wealth and privilege, feel the possibility of a higher social state and would strive for its attainment.
Henry GeorgeHow can the physique be braced if no fresh breath from the outer world is suffered to permeate the languid, enervating air of thedrawing-room? How can the grasp of the mind be vigorous, without action? Daughters of inherited wealth, or accumulated labor! the wide door of philanthropy is open peculiarly to you! Your life-work lies beyond your threshold: your wealth has placed you above the sorrowful struggle for daily bread which takes up the whole time of so many of your brothers and sisters. You are the almoners of God. A double accountability is yours.
Harriot Kezia HuntThose who have not found their true wealth, which is the radiant joy of Being and the deep, unshakable peace that comes with it, are beggars, even if they have great material wealth.
Eckhart TolleI think the critical point, really, is that we need to focus black economic empowerment more on the creation of new wealth rather than on these big deals that have been characteristic of this process in the past, of people going to banks, borrowing a lot of money, buying this and when the shares don't perform very well, the shares go back to the banks, because there's other people who own this anyway. I think we need to re-focus it so that it really does impact on growth, new investment, new employment and a general, better spread of wealth in South Africa.
Thabo MbekiThe wealth that increases by giving, That wealth is knowledge and is supreme of all possessions.
Narendra ModiWhat have wealth or grandeur to do with happiness?" Grandeur has but little," said Elinor, "but wealth has much to do with it." Elinor, for shame!" Said Marianne. "Money can only give happiness where there is nothing else to give it.
Jane AustenWealth is good, and if it comes our way we will take it; but a gentleman does not sell himself for wealth.
H. Rider HaggardEven if the wealth and power be well distributed throughout a community, its members will not be happy unless they are inwardly so, and obviously where the distribution is bad, where the few have a vast superfluity and the many are consumed by anxiety or want, or where a few controllers can exercise their will over the many, society has failed, even though its total wealth and power be increased.
Hilaire BellocIt is most attractive about the US to people and countries with wealth is that it can provide security, insurance really, against political instability. Nobody is afraid that the money they place in the US is at risk of expropriation or of in some other way being taken away. For this safety, the wealth holders of the world are willing to accept a lower rate of return.
Milton FriedmanSince all wealth ultimately comes from God, His people ought to acknowledge His primacy by offering Him the best of their wealth, time, and abilities.
Max AndersGold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it.
Ayn RandAmerican labor will realize that its function is not to increase jobs, but to multiply the wealth and to expand the numbers benefited by the wealth at the swiftest possible rate.
R. Buckminster FullerUntil African-Americans and Hispanics can get serious, not just about area studies, which are important, but also about science and technology, they're not going to generate that wealth and that job within those communities. And that has absolutely devastating consequences for the places where people live, for the jobs and for the wealth.
Juan EnriquezIn the words of Louis Brandeis, the Supreme Court justice, we have a choice between a democracy or vast concentrations of wealth. We have vast concentrations of wealth which has bought its way into our democracy with its political leaders who exemplify the merger of that economic and political elite.
Jill SteinWhat is the most effective, practical way of raising the wealth of nations? What causes wealth? I have come to think that the dream of democratic socialism is inferior to the dream of democratic capitalism, and that the latter's superiority in actual practice is undeniable.
Michael NovakThere are two methods, or means, and only two, whereby man's needs and desires can be satisfied. One is the production and exchange of wealth; this is the economic means. The other is the uncompensated appropriation of wealth produced by others; this is the political means.
Albert J. NockGross and vulgar minds will always pay a higher respect to wealth than to talent; for wealth, although it be a far less efficient source of power than talent, happens to be far more intelligible.
Charles Caleb ColtonWe've had the most massive creation of wealth for people a lot younger than those who formerly got wealth in the history of the world. The world is full of young people who really want to get rich, and when I left school nobody thought it was a reasonable possibility.
Charlie MungerThe only way to make real wealth is to get rid of your salary. In a salary, by definition, you are creating wealth for others, and you are creating a chain and handcuffs for yourself.
James AltucherSometimes man seeks for wealth for eighty years, but cannot find, and then realises that life itself is the wealth itself!
Mehmet Murat IldanThe superior man does what is proper to the station in which he is; he does not desire to go beyond this. In a position of wealth and honor, he does what is proper to a position of wealth and honor. In a poor and low position, he does what is proper to a poor and low position.
ConfuciusIn the late 1980s, Soviets were allowed to keep the wealth they created by raising vegetables on their garden plots. Although these plots composed only about 2% of the agricultural lands in the Soviet Union, they produced 25% of the food! When Soviets kept the wealth they created, they produced almost 16 times more than when it was taken from them at gunpoint, if necessary!
Mary RuwartAll wealth consists of desirable things; that is, things which satisfy human wants directly or indirectly: but not all desirable things are reckoned as wealth.
Alfred Marshall'I've got children', 'I've got wealth.' This is the way a fool brings suffering on himself. He does not even own himself, so how can he have children or wealth?
Gautama BuddhaIf a man loses a dear friend, he looks around and sees many friends come to console and comfort him. If a man loses his wealth, after a little thought he will realize that the delight that came from wealth will be restored by finding more. Thus he forgets his loss and is consoled. But if a man's heart is deprived of peace, where will he find it again, how will he replace it?
Khalil GibranIn the last recession, 99 percent of us have lost wealth, but did you know that the top 1 percent increased their wealth five times? It tells you they create recessions so they get wealthier.
Jesse VenturaWork is a means; it is not an end. And for any tasks that can be performed or eliminated by a capital instrument, human labor is not the best means... Furthermore, we have science, engineering and management - the three disciplines - that really plan and control the production of goods and services, trying to eliminate labor. Who the hell is government to come along and try to create labor? The people who are producing wealth are trying to eliminate toil, while the politicians are trying to create it.
Louis O. KelsoWe've created more wealth in the past 30 years than the rest of human of human history combined. But half of Americans make less than $17 an hour.
David RolfFor the protection of state and welfare of the people, a ruler shold collect all types of wealth. By suing devices of sama, dama , danda, bheda , he shold increase income of the state, strong administration helps in collecting different type of taxes fro exchequer.
ChanakyaBottom line is, I didn't return to Apple to make a fortune. I've been very lucky in my life and already have one. When I was 25, my net worth was $100 million or so. I decided then that I wasn't going to let it ruin my life. There's no way you could ever spend it all, and I don't view wealth as something that validates my intelligence.
Steve JobsPrior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man.
Walter E. WilliamsFatherhood is not a matter of station or wealth; it is a matter of desire, diligence, and determination to see one's family exalted in the celestial kingdom. If that prize is lost, nothing else really matters.
Ezra Taft BensonPoverty is not something people impose on themselves for want of effort and community organisation. It is constructed by divisive and discriminatory laws, inflexible organisations, acquisitive ideologies of wealth, a deeply rooted class system and policies which serve privilege in the short term and destroy society in the long term.
Pete TownshendIf you first fortify yourself with the true knowledge of the Universal Self, and then live in the midst of wealth and worldliness, surely they will in no way affect you.
RamakrishnaIntroverted feeling types have a wealth of warmth and enthusiasm, but they may not show it until they know someone well. They wear their warm side inside, like a fur-lined coat.
Isabel Briggs MyersI don't resent working long hours. I shouldn't- I'm the one who set up my life this way. I love to work. It's the thing that I get the most satisfaction out of-nd probably what I do best. Not that I don't enjoy days off. I love vacations and loafing around. But I think much of the world has the wrong idea of working. It's one of the good things in life. The feeling of accomplishment is more real and satisfying than finishing a good meal- or looking at one's accumulated wealth.
Jim HensonIn the end, the only events of my life worth telling are those when the imperishable world erupted into this transitory one All other memories of travels, people and my surroundings have paled beside these interior happenings But my encounters with the 'other' reality, my bouts with the unconscious, are indelibly engraved on my memory. In that realm there has always been wealth in abundance, and everything else has lost importance by comparison.
Carl Jung