Economic Power Quotes - Page 2

• The first principle of economic symmetry: building the economic power to consume simultaneously with the industrial power to produce.

  Louis O. Kelso

  Wisdom, Firsts, Principles

  4 Copy quote

• Our Founding Fathers well understood that concentrated power is the enemy of liberty and the rights of man. They knew that the American experiment in individual liberty, free enterprise and republican self-government could succeed only if power were widely distributed. And since in any society social and political power flow from economic power, they saw that wealth and property would have to be widely distributed among the people of the country. The truth of this insight is immediately apparent.

  Ronald Reagan

  Country, Wisdom, Father

  8 Copy quote

• Democracy can hardly be expected to flourish in societies where political and economic power is being progressively concentrated and centralized. But the progress of technology has led and is still leading to just such a concentration and centralization of power.

  Aldous Huxley

  Power, Technology, Political

  Aldous Huxley, Robert S. Baker, James Sexton (2002). “Complete Essays: 1956-1963, and supplement, 1920-1948”, Ivan R. Dee Publisher

  128 Copy quote

  Show source

• Money is economic power.

  Walter Bagehot

  Money, Economic

  7 Copy quote

• The broadening of the economic order which came to be seated in the individual property owner... dramatized by Jefferson's purchase of the Louisiana Territory... "The supremacy of corporate economic power... consolidated by the Supreme Court decision of 1886 which declared that the Fourteenth Amendment protected the corporation... [the New Deal, leading to], within the political arena, as well as in the corporate world itself, competing centers of power that challenged those of the corporate directors.

  C. Wright Mills

  Order, Decision, Political

  "The Power Elite". Book by C. Wright Mills, 1956.

  12 Copy quote

  Show source

• By 'socialism' I mean a classless society in which the State has disappeared, production is cooperative, and no man has political or economic power over another. The touchstone would be the extent to which each individual could develop his own talents and personality.

  Dwight Macdonald

  Mean, Men, Personality

  Dwight Macdonald (1953). “The Root is Man: Two Essays in Politics”

  61 Copy quote

  Show source

• To have peace and not war, the drift toward a war economy, as facilitated by the moves and the demands of the sophisticated conservatives, must be stopped; to have peace without slump, the tactics and policies of the practical right must be overcome. The political and economic power of both must be broken. The power of these giants of main drift is both economically and politically anchored; both unions and an independent labor party are needed to struggle effective.

  C. Wright Mills

  War, Moving, Party

  "The New Men of Power". Book by C. Wright Mills, 1948.

  7 Copy quote

  Show source

• The clinical definition of "fascism" is when private concentrated economic power takes government away from the people, turns government into a guarantor, a subsidizer, a covering of corporate power.

  Ralph Nader

  Power, Government, People

  "Ralph Nader on the Candidates, Corporate Power and His Own Plans for 2008". Interview with Amy Goodman, www.democracynow.org. July 9, 2007.

  58 Copy quote

  Show source

• Today, we have our own concentrations of economic power. Instead of Standard Oil, U.S. Steel, the Union Pacific Railroad, and J. P. Morgan and Company, we have Amazon, Google, Apple, Facebook, and Microsoft.

  George Packer

  Oil, Apples, Google

  "Where Have All the Workers Gone?" by George Packer, www.newyorker.com. February 24, 2014.

  4 Copy quote

  Show source

• Christians have oppressed Jews, Moslems, Buddhists, Pagans, and each other throughout their centuries of power, preaching religious intolerance as the word of Jehovah whenever they had the military, political, or economic power to make it stick - and then piously preaching brotherhood, peace, and toleration when they didn't.

  Isaac Bonewits

  Christian, Religious, Buddhist

  "Understanding the Religious Reich or The American and World-Wide Threat of Fundamentalism" by Isaac Bonewits, Version 2.6, www.neopagan.net. 1990.

  55 Copy quote

  Show source

• It appears it would be quite un-American not to be suspicious of the government or to distrust it. History has taught them a little too much about the tragic frailties of human governments, but it has also driven home to them that they must control firmly political and economic power, which, handed over to any government in their land, could be easily used to oppress them.

  Ndabaningi Sithole

  Wisdom, Home, Government

  15 Copy quote

• There are reports that Russia is actually working with North Korea to encourage “collaboration and cooperation” between the two countries. Yeah, they believe that with Russia's economic power and North Korea's technology, they can be a real threat to 1987.

  Jimmy Fallon

  Country, Real, Believe

  7 Copy quote

• It will never be possible for any length of time for any group of the American people, either by reason of wealth or learning or inheritance or economic power, to retain any mandate, any permanent authority to arrogate to itself the political control of American public life.

  Franklin D. Roosevelt

  People, Cynical, Political

  40 Copy quote

• A triumphalist corporate capitalism, free at last of the specter of Communism, has mobilized its economic power to relentlessly marginalize all nonmarket values; to subordinate every aspect of American life to corporate "efficiency" and the bottom line; to demonize not only government but the very idea of public service and public goods.

  Ellen Willis

  Government, Ideas, Lines

  "Dreaming of War". "The Nation", October 15, 2001.

  4 Copy quote

  Show source

• We live in a world in which celebrity recognition, media access, and power translate very quickly into political power and indeed economic power.

  Alexander Stille

  Media, Political, World

  Source: www.pbs.org

  6 Copy quote

  Show source

• To develop political and economic power in a capitalist society, you need capital.

  Bobby Seale

  Political, Needs, Economic

  79 Copy quote

• The political objective of universal capitalism is maximum individual autonomy, the separation of political power wielded by the holders of public office from economic power held by citizens, and the broad diffusion of privately owned economic power.

  Louis O. Kelso

  Wisdom, Office, Political

  Louis O. Kelso, Patricia Hetter Kelso (1967). “Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals”, New York : Vintage Books

  6 Copy quote

  Show source

• The bourgeois takes economic power very seriously, and often worships it quite unselfishly.

  Nikolai Berdyaev

  Worship, Economic, Bourgeois

  11 Copy quote

• As long as there are big corporations, there will be big unions. The economic power of big business will be matched by the economic power of the big unions.

  Margaret Chase Smith

  Long, Unions, Corporations

  6 Copy quote

• Science that abdicates its cultural values risks being perceived as an extension of technology, an instrument in the hands of political or economic power. Humanity that disavows science risks falling into the hands of superstition.

  Nicola Cabibbo

  Fall, Technology, Hands

  "Address to the Holy Father". "The cultural values of science", The Pontifical Academy of Sciences, Scripta Varia 105, page xiv, November 8-11, 2002.

  4 Copy quote

  Show source

• The foremost challenge is that of the knowledge revolution. Economic power will depend on creativity and innovation. Creation of wealth will move from traditional resources to the one asset: knowledge.

  Talal Abu-Ghazaleh

  Moving, Creativity, Innovation

  Speech at Crans Montana Forum, Switzerland, June 27, 1999.

  4 Copy quote

  Show source

• A market is not politically neutral; its existence creates economic power which one actor can use against another.

  Robert Gilpin

  Use, Actors, Economic

  Robert Gilpin (2016). “The Political Economy of International Relations”, p.23, Princeton University Press

  7 Copy quote

  Show source

• An exploration of the challenges Korea faces in transforming its economy from a government-directed, low-cost producer to an innovative world economic power based on its own scientific and technological development.

  Lewis M. Branscomb

  Government, Korea, Technological Development

  "Korea at the turning point: innovation-based strategies for development". Book by Lewis M. Branscomb and Young-Hwan Choi, 1996.

  4 Copy quote

  Show source

• We’ve been trained to prefer being right to learning something, to prefer passing the test to making a difference, and most of all, to prefer fitting in with the right people, the people with economic power. Now it’s your turn to stand up and stand out.

  Seth Godin

  Differences, People, Making A Difference

  4 Copy quote

• The presumed causes of Americas troubles can be summed up simply: the evils of unlimited competition, and abuses by those with economic power.

  Charles A. Reich

  Evil, Competition, Abuse

  Charles A. Reich (1970). “The Greening of America”

  4 Copy quote

  Show source