Henry George Quotes

The key thing about wealth in a capitalist economy is that it reproduces itself and usually earns a positive net return.

After the collapse of socialism, capitalism remained without a rival. This unusual situation unleashed its greedy and - above all - its suicidal power. The belief is now that everything - and everyone - is fair game.

Bear in mind that capitalism is a tiny period of human society. You never really had capitalism, you always had one or another variant of state capitalism.

What neo-capitalism does so brilliantly is that it's always subdividing and dividing, so that people are never able to be joined in their numbers and strength in a unified way. That is exactly what we have to overcome.

The essence of capitalism is expressed in two of its basic features: a) profit maximization and b) market competition. In their abstract formulations none of them was supposed to have anything conspiratorial against the poor. But in real life they turn out to be the "killers" of the poor - by making rich the richer and poor the poorer.

The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.

Man is the only animal which esteems itself rich in proportion to the number and voracity of its parasites.

Could there be anything resembling a free enterprise economy, if wealth and property were concentrated in the hands of a few, while the great majority owned little more than the shirts on their backs?

It was with the Industrial Revolution, as society plunged ever more eagerly into the conquest of material riches and bent all its energies to the accumulation of goods, that material poverty became a major problem. Obviously, this meant abandonment or downgrading of spiritual values, virtue, etc. To share or not to share in the increase of the collective wealth-this was the Number One question. It was the desire to acquire wealth that prompted the poor to start fighting.

Many understand "state socialism" in this way. Sometimes a system is concealed behind this term in which the capitalist state, in the interests of preparation for the conduct of war, takes upon itself the maintenance of a certain number of private enterprises.

Capitalism is like this fractal thing where anything that contains an element of capitalism anywhere inside it is just something that turns into capitalism. It is an incredibly defeatist attitude. If you choose to look at reality that way, I suppose you can, but you have to do enormous violence to reality to do so consistently.

In spite of the anticapitalistic policies of all governments and of almost all political parties, the capitalist mode of production

Bring on those tired, labor-plagued, competition-weary companies and ESOP will breathe new life into them. They will find ESOP better than Geritol. It will revitalize what is wrong with capitalism. It will increase productivity. It will improve labor relations. It will promote economic justice. It will save the economic system. It will make our form of government and our concept of freedom prevail over those who don't agree with us.

Individual capitalists, in short, necessarily act in such a way as to de-stabilize capitalism.

It's a real enigma why people are so averse to real free market capitalism even now. Here we are, in the century that has seen Lenin, Stalin, Mao, Hitler, Castro, Pol Pot-and we're still being warned against the 'robber barons' of the 19th century. I don't know that Jay Gould or John D. Rockefeller ever killed anyone. The State has killed countless people, and yet we're always supposed to remain on guard against these 'greedy villains' of yesteryear.

Do you want to know the cause of war? It is capitalism, greed, the dirty hunger for dollars. Take away the capitalist and you will sweep war from the earth.

Capitalism is a pretty brutal place.

Some years ago a top Ford official was showing the late Walter Reuther through the very automates plant in Cleveland, Ohio and he said to him jokingly, "Walter, you'll have a hard time collecting union dues from these machines." and Walter said, "you are going to have more trouble trying to sell automobiles to them." Both of them let it stop there. There was a logical answer to that ... the owners of the machines could buy automobiles and if you increase the number of owners you increase the number of consumers.

Our culture is a capitalist society right? And so in order to always have the idea of the good life, means something you pay money for. Think of being outside of what you have and own, it always has to be receiving a difference.

The wage earner relies upon the ventures of confident and contented capital. This failing him, his condition is without alleviation, for he can neither prey on the misfortune of others nor hoard his labor.

Capitalism will never fall on its own. It will have to be pushed. The accumulation of capital will never cease. It will have to be stopped. The capitalist class will never willingly surrender its power. It will have to be dispossessed.

In some ways you still have to buy your freedom, but that's because you live in a social structure that's organized around capital, and capital does equate with a certain kind of freedom, especially if you can start to generate capital on your own.

The Rule of 72 is useful in determining how fast money will grow. Take the annual return from any investment, expressed as a percentage, and divide it into 72. The result is the number of years it will take to double your money.

No one is born a Communist... in the Soviet Union farmers keep on looking in the barn for their horses even after they have given them to the collective.

As countries get wealthier - all of them, together - you're going to have financial assets. That is a good thing. You could argue the assets were traded too much, or that they're too highly valued, or too leveraged.