Robert Gascoyne-Cecil, 3rd Marquess Salisbury Quotes


We must learn this rule, which is true alike of rich and poor — that no man and no class of men ever rise to any permanent improvement in their condition of body or of mind except by relying upon their own personal efforts. The wealth with which the rich man is surrounded is constantly tempting him to forget the truth, ad you see in family after family men degenerating from the position of their fathers because they live sluggishly and enjoy what has been placed before them without appealing to their own exertions. The poor man, especially in these days, may have a similar temptation offered to him by legislation, but this same inexorable rule will work.


Citations

Robert Arthur Talbot Gascoyne-Cecil, 1830-1903, 3rd Marquess Salisbury, British Prime Minister (Liberal), British Prime Minister (Conservative), Speech to Devonshire Conservatives, January 1892

Sourced by: Eigen's Political and Historical Quotations

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This used to be a generally accepted principle in America. It took labor to produce wealth. It could be someone else’s labor or even slave labor, but labor produced things or labor enabled us to find minerals like gold or oil. However, in modern capitalism, money itself can produce wealth by investing or yielding interest. Inventions produce wealth as do other ideas. Authors and movie producers produce wealth. Who you know can produce wealth (finder’s fees) as can knowledge.


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