"The smallest minority on earth is the individual. Those who deny individual rights cannot claim to be defenders of minorities."Ayn Rand
Showing posts with label famous quotes. Show all posts
Showing posts with label famous quotes. Show all posts
Sunday, May 10, 2009
Famous Quotes (8)
Wednesday, January 28, 2009
Famous Quotes (8)
"Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized, and the State will have to take the road which will eventually lead to communism."
[*Karl Marx*, *1867*, */Das Kapital/*, his doctrine of the theory of surplus value]
Sounds very familiar doesn't it?
Hat tip Theo Spark
Edit:
I have been informed that the above quote is a hoax, but I have gleaned this from wikipedia
In capitalism, improvements in technology and rising levels of productivity increase the amount of material wealth (or use values) in society while simultaneously diminishing the economic value of this wealth, thereby lowering the rate of profit—a tendency that leads to the peculiar situation, characteristic of crises in capitalism, of “poverty in the midst of plenty,” or more precisely, crises of overproduction in the midst of underconsumption.
[*Karl Marx*, *1867*, */Das Kapital/*, his doctrine of the theory of surplus value]
Sounds very familiar doesn't it?
Hat tip Theo Spark
Edit:
I have been informed that the above quote is a hoax, but I have gleaned this from wikipedia
In capitalism, improvements in technology and rising levels of productivity increase the amount of material wealth (or use values) in society while simultaneously diminishing the economic value of this wealth, thereby lowering the rate of profit—a tendency that leads to the peculiar situation, characteristic of crises in capitalism, of “poverty in the midst of plenty,” or more precisely, crises of overproduction in the midst of underconsumption.
Thursday, January 8, 2009
Famous Quotes (6)
The arrogance of officialdom should be tempered and controlled, and assistance to foreign hands should be curtailed, lest Rome fall.
Marcus Tullius Cicero writing in 55 BC
Also as he has been translated into modern times
The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.
Cannot people realize how large an income is thrift?
Marcus Tullius Cicero
Marcus Tullius Cicero writing in 55 BC
Also as he has been translated into modern times
The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.
Cannot people realize how large an income is thrift?
Marcus Tullius Cicero
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