If General Motors is worth $60 a share to an investor it must be because the full common-stock ownership of this gigantic enterprise as a whole is worth 43 million (shares) times $60, or no less than $2,600 million.
Socialism without public ownership is nothing but a fantastic apology.
Most libertarians agree that all rights are, in effect, property rights, beginning with this fundamental right to self-ownership and control of one's own life. As owners of their own lives, individuals are completely free to do absolutely anything they wish with them provided, of course, that it doesn't violate the identical right of others whether the people around them approve of what they do or not.
Despite our founding principles and the many ways our constitution has protected individual liberties, we do, let's admit it, have a long history of shutting people out--african americans, women, gays and lesbians, people with disabilities--and throughout our history, we have found too many ways to divide and exclude people from their ownership of the law and protection under the law.
By laying the groundwork for a system centered on home ownership rather than the public housing popular in Europe, the New Deal made possible the great postwar housing boom that populated the Sun Belt and boosted millions of Americans into the middle class, where, ironically, they often became Republicans.
All the alleged key causes of SOE [State-Owned Enterprise] inefficiency - the principal-agent problem, the free-rider problem and the soft budget constraint - are, while real, not unique to state-owned enterprises. Large private-sector firms with dispersed ownership also suffer from the principal-agent problem and the free-rider problem. So, in these two areas, forms of ownership do matter, but the critical divide is not between state and private ownership - it is between concentrated and dispersed ownerships.
By putting the means of production into the hands of the masses but withholding from those same masses any ownership over the product of their work, Web 2.0 provides an incredibly efficient mechanism to harvest the economic value of the free labor provided by the very, very many and concentrate it into the hands of the very, very few.
One of the reasons I'm lucky is to be around an owner like Jerry Jones. I'm not just saying it. The reality of it is the guy wants to win. As a quarterback, you need ownership and people in the front office and organization to help you win. If you don't get that help, you're always going to be fighting an uphill battle. You feel that, being a part of this organization with Jerry, that he's going to bring in people and sign people and want to improve this football team every year. It allows you to feel like, hey, we have a chance and I have a chance to do some special things around here.
The two greatest enemies of the individual in the modern world are communism and psychiatry. Each wages a relentless war against that which makes a person an individual: communism against the ownership of property, psychiatry against the ownership of the self (mind and body). Communists criminalize the autonomous use of capital and labor, and harshly punish those who "traffic" in the black market, especially in foreign currencies. Psychiatrists criminalize the autonomous use of the self, and harshly punish those who "traffic" in self-abuse, especially in self-medication and self-destruction.
The very reason why we object to state ownership, that it puts a stop to individual initiative and to the healthy development of personal responsibility, is the reason why we object to an unsupervised, unchecked monopolistic control in private hands. We urge control and supervision by the nation as an antidote to the movement for state socialism. Those who advocate total lack of regulation, those who advocate lawlessness in the business world, themselves give the strongest impulse to what I believe would be the deadening movement toward unadulterated state socialism.
I think it's like the '60s - we're going to see another revolution in film where these new filmmakers stand up and take ownership of what film is and mould it into what they want.
In every language, the first word after "Mama!" that every kid learns to say is "Mine!" A system that doesn't allow ownership, that doesn't allow you to say "Mine!" when you grow up, has - to put in mildly - a fatal design flaw.
Scientists are entitled to be proud of their accomplishments, and what accomplishments can they call 'theirs' except the things they have done or thought of first? People who criticize scientists for wanting to enjoy the satisfaction of intellectual ownership are confusing possessiveness with pride of possession. Meanness, secretiveness and, sharp practice are as much despised by scientists as by other decent people in the world of ordinary everyday affairs; nor, in my experience, is generosity less common among them, or less highly esteemed.
If you need ownership and responsibility from core workers, patriarchy can't get you there.
There are the fundamental core values of the Democratic Party, which is to work to grow the economy, to create jobs, to encourage small business, to encourage ownership, to expand access to quality health care, to enhance opportunity by making higher education more affordable to American's young people, to have our children live in safe neighborhoods, drug-free, crime-free, and a safe and clean environment, first and foremost to provide for the national defense, to protect and defend the American people, and to have accountability for our budget and for our spending.
Women well understood how to restrict birth through timing of sexual intercourse, herbs and abortifacients. I suspect the focus on men's control of women as the means of reproduction came later, in the last five percent or so of human history, with the idea of children as property and labor. One needed to have as many as possible, never mind about women's health or mobility or brainpower. Women's freedom was restricted in order to make sure of the paternity and ownership of children.
Confuse not love with the raptures of possession, which bring the cruellest of sufferings. For, notwithstanding the general opinion, love does not cause suffering: what causes it is the sense of ownership, which is love's opposite.
I believe that the abolition of private ownership of land and capital is a necessary step toward any world in which the nations are to live at peace with one another.
If the World War [I] demonstrated anything it was that government ownership is fraught with the gravest dangers and usually leads to disaster. Take Britain. The two problems which have caused the greatest trouble since the war ended have been transportation and coal. The government seized both industries when the war broke out. It got them into such a hopeless mess that it does not know how to turn [In] coal; the government now realizes, it took hold of the tail of a wild animal and is afraid to let go.
Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate diversification, the payment of high and unnecessary fees to managers and advisors, and the use of borrowed money can destroy the decent returns that a life-long owner of equities would otherwise enjoy. Indeed, borrowed money has no place in the investor's tool kit.
You see, another reason for nationalization was that private ownership meant fragmentation.
The goal of liberalism is the peaceful cooperation of all men. It aims at peace among nations too. When there is private ownership of the means of production everywhere and when laws, the tribunals and the administration treat foreigners and citizens on equal terms, it is of little importance where a country's frontiers are drawn... War no longer pays; there is no motive for aggression... All nations can coexist peacefully.
High-quality software is not expensive. High-quality software is faster and cheaper to build and maintain than low-quality software, from initial development all the way through total cost of ownership.
...an imagined town is at least as real as an actual town. If it isn't, you may be in the wrong business. Our words come from obsessions we must submit to, whatever the social cost. It can be hard. It can be worse forty years from now if you feel you could have done it and didn't. It is narcissistic, vain, egotistical, unrealistic, selfish, and hateful to assume emotional ownership of a town or a word. It is also essential.
If God had wanted us to spend all our time fretting about the problems of home ownership, He would never have created beer. This is not to say that I am recommending that you totally ignore your responsibilities as a homeowner and just sit around all day with a can of beer in your hand. No indeed, I have long been a believer in purchasing bottled beer, and pouring it into a chilled glass.
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