The police confront dangers and social miseries of a kind most of us can only imagine. They deal with the waste products of a competitive corporate society: the ill-fed, the ill-housed, the desperate, and the defeated. The slums are not the problem, they are the solution; they are the way capitalism deals with the surplus people of a market economy. And for all they cost the taxpayer in crime, police and welfare, the slums remain a source of profit for certain speculators, arsonists, realtors, big merchants, and others.
Michael ParentiRelated topics
certain corporate cost crime deal desperate kind market problem profit remain source taxpayer waste way othersRelated quotes
Conservatism, though a necessary element in any stable society, is not a social program; in its paternalistic, nationalistic and power adoring tendencies it is often closer to socialism than true liberalism; and with its traditionalistic, anti-intellectual, and often mystical propensities it will never, except in short periods of disillusionment, appeal to the young and all those others who believe that some changes are desirable if this world is to become a better place.
Friedrich Hayek
Nearly all creators of Utopia have resembled the man who has toothache, and therefore thinks happiness consists in not having toothache. They wanted to produce a perfect society by an endless continuation of something that had only been valuable because it was temporary. The wider course would be to say that there are certain lines along which humanity must move, the grand strategy is mapped out, but detailed prophecy is not our business. Whoever tries to imagine perfection simply reveals his own emptiness.
George Orwell
The investor has the benefit of the stock market's daily and changing appraisal of his holdings, 'for whatever that appraisal may be worth', and, second, that the investor is able to increase or decrease his investment at the market's daily figure - 'if he chooses'. Thus the existence of a quoted market gives the investor certain options which he does not have if his security is unquoted. But it does not impose the current quotation on an investor who prefers to take his idea of value from some other source.
Benjamin Graham
Suppose that the organism is given the problem of determining the analysis of a stimulus at a certain level of representation - e.g., the problem of determining which sequence of words a given utterance encodes. Since, in the general case, transducer outputs underdetermine perceptual analyses, we can think of the solution of such problems as involving processes of nondemonstrative inference. In particular, we can think of each input system as a computational mechanism which projects and confirms a certain class of hyputheses on the basis of a certain body of data.
Jerry Fodor
Let's begin with capitalism, a word that has gone largely out of fashion. The approved reference now is to the market system. This shift minimizes - indeed, deletes - the role of wealth in the economic and social system. And it sheds the adverse connotation going back to Marx. Instead of the owners of capital or their attendants in control, we have the admirably impersonal role of market forces. It would be hard to think of a change in terminology more in the interest of those to whom money accords power. They have now a functional anonymity.
John Kenneth Galbraith