Tommy Douglas Quotes

Corporatization is the descendant of industrialization.

The First Industrial Revolution used water and steam power to mechanize production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production.

In the Machine Age, the company itself became a machine - a machine for making money.

You all know how powerful and varied are the effects of which steam engines are capable; with them has really begun the great development of industry which has characterised our century before all others.

Industrial forces set in motion by steam and electricity have materially changed the structure of our civilization.

Steam and the telegraph and other machinery have required capital greater than any individual can furnish.

The introduction of so powerful an agent as steam will make a great change in the situation of man.

I've been dedicated to the proposition that there's been no greater wealth-creation system in the history of mankind than the American free-enterprise system.

If England became a world power, it was because of the industrial revolution.

Towards the end of the eighteenth century the industrial-financial revolution began.

Every nation on the Earth that embraces market economics and the free enterprise system is pulling millions of its people out of poverty. The free enterprise system creates prosperity, not denies it.

No economic system is perfect. But the American Free Enterprise system has empowered millions of people in the past. I know, because I saw it with my own eyes.

The historical debate is over. The answer is free-market capitalism.

The land of the capitalists…

Modernization is found in markets.

Capitalism without capital is just an ism.

Free enterprise is the only way for substantial growth.

The quantity of industry therefore not only increases in every country with the increase of the stock or capital which sets it in motion; but, in consequence of this increase, the division of labour becomes extended, new and more powerful implements and machines are invented, and the same quantity of labour is thus made to produce an infinitely greater quantity of commodities.

The facts of our present industrial system are of so, complicated a nature that they have not only defied the attention of economists for the last fifty years, but they have deceived practical men who have given to them not only the time economists have given, but their whole lives.

The industrial revolution turned time into a commodity.

...industrialisation took centuries, rather than decades

Every new mine, furnace, and factory is an extension of the productive capacity of the State more real and valuable than added territory.

The production of goods had become an end in itself and the consumption of goods only the means to further production.

The essence of the Industrial Revolution was the substitution of competition for the medieval regulations which had previously controlled the production and distribution of wealth.

What is really at stake here is the survival of the kind of economy under which this country has grown great, the free-enterprise system