Liberalism Quotes - Page 16

• Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as an amateurish and cranky fad.

  Paul Samuelson

  Wisdom, Income, Analysis

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• All those who, since Adam Smith, have turned their attention to Political Economy, agree that in reality we do not buy articles of consumption with money, the circulating medium with which we pay for them. We must in the first instance have bought this money itself by the sale of our produce.

  Jean-Baptiste Say

  Wisdom, Reality, Political

  Jean Baptiste Say (1936). “Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce”, p.6, Lulu.com

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• A program whose basic thesis is, not that the system of free enterprise for profit has failed in this generation, but that it has not yet been tried!

  Franklin D. Roosevelt

  Wisdom, This Generation, Generations

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• We need enthusiasm, imagination and the ability to face facts, even unpleasant ones, bravely. We need to correct, by drastic means if necessary, the faults in our economic system from which we now suffer. We need the courage of the young. Yours is not the task of making your way in the world, but the task of remaking the world which you will find before you. May every one of us be granted the courage, the faith and the vision to give the best that is in us to that remaking!

  Franklin D. Roosevelt

  Wisdom, Mean, Giving

  Franklin D. Roosevelt's Oglethorpe University Commencement Address, May 22, 1932.

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• Could there be anything but widespread misery, where a privileged few controlled a nation's wealth, while millions labored for a pittance, and millions more were desperate for want of employment?

  Ronald Reagan

  Wisdom, Employment, Politics

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• It should be clear to everyone that the nation's steadfast policy should afford every American of working age a realistic opportunity to acquire the ownership and control of some meaningful form of property in a growing national economy.

  Ronald Reagan

  Meaningful, Wisdom, Opportunity

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• This is not to say that the government should confiscate from the "haves" and bestow upon the "have-nots", beyond the requirements of a compassionate welfare program to provide for those who cannot provide for themselves. Far from it. But it is to say that our duty is to foster a strong, vibrant wealth-producing economy which operates in such a way that new additions to wealth accrue to those who presently have little or no ownership stake in their country.

  Ronald Reagan

  Country, Strong, Government

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• The people of Central America - and, in a broader sense, the entire developing world - need to know first-hand that freedom and opportunity are not just for the elite, but the birthright of every citizen; that property is not just something enjoyed by a few, but can be owned by any individual who works hard and makes correct decisions.

  Ronald Reagan

  Hard Work, Opportunity, Hands

  United States. President (1981-1989 : Reagan), Ronald Reagan (1982). “Ronald Reagan”

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• Today it is difficult to find leaders who are independent of the forces that have brought us our problems: The Congress, the bureaucracy, the lobbyists, big business, and big labor.

  Ronald Reagan

  Wisdom, Independent, Leader

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• Insofar as human beings flower on the ground of freedom, justice guards that ground. Insofar as human beings flower in the soil of community, justice tends that soil. Justice makes possible a social order that people can truly be said to share freely.

  Jeffrey H Reiman

  Wisdom, Flower, Order

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• If history could prove and teach us anything, it would be the private ownership of the means of production as a necessary requisite of civilization and material well-being. All civilizations have up to now been based on private property. Only nations committed to the principle of private property have risen above penury and produced science, art, and literature. There is no experience to show that any other social system could provide mankind with any of the achievements of civilization.

  Ludwig von Mises

  Wisdom, Art, Mean

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• We believe this approach (progress sharing) is a rational approach because you cooperate in creating the abundance that makes the progress possible, and then you share that progress after the fact, and not before the fact. Profit sharing would resolve the conflict between management apprehensions and worker expectations on the basis of solid economic facts as they materialize rather than on the basis of speculation as to what the future might hold.

  Walter Reuther

  Believe, Creating, Expectations

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• Profit sharing in the form of stock distributions to workers would help to democratize the ownership of America's vast corporate wealth which is today appallingly undemocratic and unhealthy.

  Walter Reuther

  America, Politics, Profit Sharing

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• Labour, like all other things which are purchased and sold... has its natural and its market price.

  David Ricardo

  Wisdom, Politics, Economy

  David Ricardo (1821). “On the Principles of Political Economy, and Taxation”, p.86

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• The last point for consideration is the supposed disposition of the people to interfere with the rights of property. So essential does it appear to me, to the cause of good government, that the rights of property should be held sacred, that I would agree to deprive those of the elective franchise against whom it could justly be alleged that they considered it their interest to invade them.

  David Ricardo

  Wisdom, Rights, Government

  David Ricardo, John Ramsay McCulloch (1846). “The Works of David Ricardo ...”, p.554

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• Many of the deficiencies of our economic system could be alleviated if ways were found to broaden the ownership of the means of production... This has happened in some companies through ESOPs. Successful approaches of this sort would pay dividends in terms of employee commitment and morale. And they would not deprive anyone of his present holdings since they are based on future growth.

  John D. Rockefeller

  Wisdom, Mean, Commitment

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• The industrial economy which divides society absolutely into two portions, the payers of wages and the receivers of them, the first counted by thousands and the last by millions, is neither fit for, nor capable of, indefinite duration: and the possibility of changing this system for one of combination without dependence, and unity of interest instead of organized hostility, depends altogether upon the future developments of the Partnership principle.

  John Stuart Mill

  Wisdom, Two, Unity

  John Stuart Mill (1848). “Principles of Political Economy with Some of Their Applications to Social Philosophy”, p.466

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• Let us not confuse objectives with methods. Too many so-called leaders of the nation fail to see the forest because of the trees. Too many of them fail to recognize the vital necessity of planning for definite objectives. True leadership calls for the setting forth of the objectives and the rallying of public opinion in support of these objectives.

  Franklin D. Roosevelt

  Wisdom, Support, Tree

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• A people among whom there is no habit of spontaneous action for a collective interest - who look habitually to their government to command or prompt them in all matters of joint concern - who expect to have everything done for them, except what can be made an affair of mere habit and routine - have their faculties only half developed; their education is defective in one of its most important branches.

  John Stuart Mill

  Wisdom, Government, People

  John Stuart Mill (1849). “Principles of Political Economy: With Some of Their Applications to Social Philosophy : in Two Volumes”, p.516

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• In proportion as the people are accustomed to manage their affairs by their own active intervention, instead of leaving them to the government, their desires will turn to repelling tyranny, rather than to tyrannizing: while in proportion as all ready initiative and direction resides in the government, and individuals habitually feel and act as under its perpetual tutelage, popular institutions develop in them not the desire of freedom, but an unmeasured appetite for place and power.

  John Stuart Mill

  Government, People, Leaving

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• Do not confuse objectives with methods. When the nation becomes substantially united in favor of planning the broad objectives of civilization, then true leadership must unite thought behind definite methods.

  Franklin D. Roosevelt

  Wisdom, Civilization, Favors

  Roosevelt, Franklin D. (1941). “Public Papers of the Presidents of the United States: F.D. Roosevelt, 1937, Volume 6”, p.646, Best Books on

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• To a proprietor of a mine, the silver money is a produce with which he buys what he has occasion for. To all those through whose hands this silver afterwards passes, it is only the price of the produce which they themselves have raised by means of their property in land, their capitals, or their industry. In selling them they in the first place exchange them for money, and afterwards they exchange the money for articles of consumption.

  Jean-Baptiste Say

  Mean, Hands, Land

  Jean Baptiste Say (1936). “Letters to Thomas Robert Malthus on Political Economy and Stagnation of Commerce”, p.6, Lulu.com

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• Meanwhile, what about the workers in those state monopolies that are being put up for sale? I am reminded of a technique for employee ownership that has worked well for many U.S. companies. It goes by various names, but the best known is "Employee Stock Ownership Program," or ESOP.

  Ronald Reagan

  Wisdom, Names, Technique

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• Always moved by religious motives, the Church has condemned the various forms of Marxist Socialism; and she condemns them today, because it is her permanent right and duty to safeguard men from currents of thought and influence that jeopardize their eternal salvation.

  Pope Pius XI

  Wisdom, Religious, Men

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• "Religious Socialism," "Christian Socialism," are expressions implying a contradiction in terms.

  Pope Pius XI

  Christian, Wisdom, Religious

  Pope Pius XI (1935). “Forty Years After: Reconstructing the Social Order”

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