Economic Salvation Quotes

Pollution and overuse of resources stem directly from the failure of government to defend private property. If property rights were to be defended adequately, we would find that here, as in other areas of our economy and society, private enterprise and modern technology would come not as a curse to mankind but as its salvation.

German economic salvation has been brought about solely through the efforts of the German people and the experience they have gained. Countries abroad have contributed nothing to this.

We are undertaking a formidable task when we attempt to correct and remodel the ideals of our people. But for the task before us, we Indian Musalmans possess many advantages; we have the advantage of living under a Government which administers justice evenly between rich and poor and between persons of different creeds and classes; in the second place, we enjoy complete freedom to devise plans for the amelioration of our people. We have no reason to fear that our deliberations will be abruptly closed if we propose schemes of education other than those approved by Government. We know that no book and no branch of knowledge will be forbidden to us by official command; and, lastly, we know that, under the protection of British rule, we shall be allowed to work out to the end any plans for social and economic salvation which we may devise. Our wealth will not excite rapacity, nor our advancement in learning awaken the jealousy of our rulers.

I look upon the introduction of guano, and the success attending its application to our barren lands, in the light of a special interposition of Divine Providence, to save the northern neck of Virginia from reverting entirely into its former state of wilderness and utter desolation. Until the discovery of guano—more valuable to us than the mines of California—I looked upon the possibility of renovating our soil, of ever bringing it to a point capable of producing remunerating crops, as utterly hopeless. Our up-lands were all worn out, and our bottom-lands fast failing, and if it had not been for guano, to revive our last hope, a few years more and the whole country must have been deserted by all who desired to increase their own wealth, or advance the cause of civilization by a proper cultivation of the earth

Today the whole world depends on communism for its salvation, and China is no exception.

We reform the system. We save capitalism from its own excesses.

There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of economic salvation; and when anyone points to what the consequences of these policies will be in the long run, they reply flippantly, as might the prodigal son of a warning father: 'In the long run we are all dead.' And such shallow wisecracks pass as devastating epigrams and the ripest wisdom.

A nation's economic salvation does not lie in the amount of money its rich inhabitants can squander recklessly. A nation's economic salvation lies in the amount of money its inhabitants can save and invest after providing themselves with all the necessaries and all the reasonable comforts of life.

There is a fundamentalist belief by capitalists that capital will save the world, and it just isn't so.

Nowhere else you will find a country of India's diversity, of India's complexity, one billion people trying to seek their social and economic salvation in the framework of democracy, in the framework of an open economy.

No one should expect that any logical argument or any experience could ever shake the almost religious fervor of those who believe in salvation through spending and credit expansion.