Economy

731 – “The end of democracy and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations.”

–anonymous [Often Misattributed, See Source Notes]

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641 – “Money is a singular thing. It ranks with love as man’s greatest source of joy. And with death as his greatest source of anxiety. Over all history it has oppressed nearly all people in one of two ways: either it has been abundant and very unreliable, or reliable and very scarce.”

–John Kenneth Galbraith
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634 – “History moves in contradictions. The skeleton of historic existence, the economic structure of society, also develops in contradictions. Forms eternally follow forms. Everything has only a passing being. The dynamic force of life creates the new over and over again — such is the law inherent in reality.”

–Nikolai Bukharin
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468 – “Like slavery and apartheid, poverty is not natural. It is man-made and it can be overcome and eradicated by the actions of human beings. And overcoming poverty is not a gesture of charity. It is an act of justice. It is the protection of a fundamental human right, the right to dignity and a decent life. While poverty persists, there is no true freedom.”

–Nelson Mandela

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337 – “[Capitalism is] remarkably resilient and can be traced to a process [called] ‘cheapness.’ … Seven ‘things,’ [which] aren’t physical objects as much as they are a hidden social, ecological and economic infrastructure: nature, money, work, care, food, energy, and lives. [Where] cheapness is a process of responding to economic crises by devaluing each of those [structures] so that capitalism can continue to concentrate wealth in the hands of the already-wealthy…. Capitalism values cheapness above all else.”

–Chris Winters

He was discussing Jason W Moore and Raj Patel’s book The History of the World in Seven Cheap Things with Raj Patel (more…)

302 – “It’s important to understand CEOs are not job creators. Nor are the rich. Nor are corporations. The job creators are the Middle Class and the Poor, whose purchases create jobs. If the Middle Class and Poor aren’t paid enough, job creation slows. Which is why a higher minimum wage creates jobs.”

–Robert Reich, 22nd United States Secretary of Labor
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