Economy

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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467 -“We need to begin thinking about how to get back to a world in which citizens, not consumers, are making choices, a world in which we understand the public consequences and public costs of our private choices.”

–Benjamin Barber

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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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263 – “In a democracy, everyone gets to participate in the decisions that affect their lives. But that’s impossible if people don’t have access to the goods they need to survive – if they’re hungry or homeless or sick. And the reality is that when goods are rationed by the market, fewer people have access to them. Markets are places of winners and losers. You don’t get what you need – you get what you can afford.”

–Ben Tarnoff
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Relation Between Labor and Capital Quote

“That there is a certain relation between capital and labor, I admit. That it does exist, and rightfully exists, I think it true. That men who are industrious, and sober, and honest in the pursuit of their own interests should after a while accumulate capital, and after that should be allowed to enjoy it in peace, and also, if they so choose, when they have accumulated it, to use it to save themselves from actual labor, and hire other people to labor for them, is right. In doing so they do not wrong the man they employ, for they find men who have not their own land to work upon, or shops to work in, and who are benefited by working for others, hired laborers, receiving their capital for it. Thus a few men, that own capital, hire a few others, and these establish he relation of capital and labor rightfully.”

-Abraham Lincoln, 16th President of the United States

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“Let us be clear about our choice. When we raise taxes on the wealthiest Americans, no one dies. When we cut Social Security and Medicare, people die.”

Annabel Park
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