Peter S. Grosscup Quotes

Property is theft.

Labor is, on the one hand, more and more furnished by a class; Property or Capital, on the other, held and controlled by another class. Here you have workers without property—the proletariat. There you have property without work—or capital…. The workers without property are excluded from their products, from the riches they create—which accumulate in the hands of the property holders, capitalists and large land-owners.

Our aim is not to do away with corporations; on the contrary, these big aggregations are an inevitable development of modern industrialism …. We are not hostile to them; we are merely determined that they shall be so handled as to subserve the public good. We draw the line against misconduct, not against wealth.

AXIOM. — Property is the Right of Increase claimed by the Proprietor over any thing which he has stamped as his own.

We cannot remove the evils of capitalism without taking its source of power: ownership.

I believe in capitalism but in fair capitalism.

When the rich plunder the poor of his rights, it becomes an example of the poor to plunder the rich of his property, for the rights of the one are as much property to him as wealth is property to the other and the little all is as dear as the much. It is only by setting out on just principles that men are trained to be just to each other; and it will always be found, that when the rich protect the rights of the poor, the poor will protect the property of the rich. But the guarantee, to be effectual, must be parliamentarily reciprocal.

…property in fact generally confers power, though the possessor of it may not have much more wit than a mole or a mugwash…

We do not wish to discourage enterprise. We do not desire to destroy corporations. We do desire to put them fully at the service of the State and the people.

Socialism is easily understood by any child. It is taking other people's stuff.

Our system of market capitalism wasn't handed down, in perfect form, on stone tablets. We wrote the rules. We broke them. And we can fix them.

In Canada, there's a surprising worship of managerialism versus ownership and wealth creation. There's a real problem in this country with believing that management is the answer to our problems.

It is time we had democratic socialism for working families, not just Wall Street billionaires.

It is my idea to make capitalism create socialism in China so that these two economic forces of human evolution will work side by side in future civilization.

I'm a capitalist, and I believe that universal basic income is necessary for capitalism to continue.

As a society, we need to refocus on creating an economy that works for everyone. I believe the business community is in the best position to lead the way.

I've got a condo in Miami, but I don't live in it.

I'm against having a Fed. It's socialism in its worst form. But until the Fed is gotten rid of, the only economic variable the poor have to counteract the injustices of the Fed is the minimum wage law.

Addressing the weaknesses of capitalism will require us, above all, to do two things: first, to take a long-term perspective, and second, to re-set the priorities of business.

The institution of private property... is undergoing, at this time, a strain never put on it before. Not because the corporation, in essence, is retrogressive or unrepublican, but because in fact, it is unrepublican, and for that reason retrogressive also.

Property is impossible.

In conditions of private property ... "life-activity" stands in the service of property instead of property standing the service of free life-activity.

Land is the only thing in the world that amounts to anything.

The power of large corporations is still a scourge on the earth, but at least the arguments supporting them are undermined now.

Whoever claims the right to redistribute the wealth produced by others is claiming the right to treat human beings as chattel.