The philosophy of black nationalism involves a re-education program in the black community in regards to economics. Our people have to be made to see that any time you take your dollar out of your community and spend it in a community where you don't live, the community where you live will get poorer and poorer, and the community where you spend your money will get richer and richer. [...] If we own the stores, if we operate the businesses, if we try and establish some industry in our own community, then we're developing to the position where we are creating employment for our own kind. Once you gain control of the economy of your own community, then you don't have to picket and boycott and beg some cracker downtown for a job in his business.
Malcolm XRelated topics
beg black boycott business control cracker developing economics gain industry job kind live money nationalism once picket position see spend take try downtownRelated quotes
First, most producers are employees of firms, not owners. Viewed from the vantage point of classical [economic] theory, they have no reason to maximize the profits of firms, except to the extent that they can be controlled by owners. Moreover, profit-making firms, nonprofit organizations, and bureaucratic organizations all have exactly the same problem of inducing their employees to work toward organizational goals. There is no reason, a priori, why it should be easier (or harder) to produce this motivation in organizations aimed at maximizing profits than in organizations with different goals. If it is true in an organizational economy that organizations motivated by profits will be more efficient than other organizations, additional postulates will have to be introduced to account for it.
Herbert Simon
Thought reform is accomplished through the use of psychological and environmental control processes that do not depend on physical coercion. Today's thought reform programs are sophisticated, subtle, and insidious, creating a psychological bond that in many ways is far more powerful than gun-at-the-head methods of influence. The effects generally lose their potency when the control processes are lifted or neutralized in some way. That is why most Korean War POWs gave up the content of their prison camp indoctrination programs when they came home, and why many cultists leave their groups if they spend a substantial amount of time away from the group or have an opportunity to discuss their doubts with an intimate.
Margaret Singer
Economic growth occurs if output grows faster than population. Given the described assumptions about the way people behave, economic growth will occur if property rights make it worthwhile to undertake socially productive activity. The creating, specifying and enacting of such property rights are costly... As the potential grows for private gains to exceed transaction costs, efforts will be made to establish such property rights. Governments take over the protection and enforcement of property rights because they can do it at a lower cost than private volunteer groups. However, the fiscal needs of government may induce the protection of certain property rights which hinder rather than promote growth; therefore we have no guarantee that productive institutional arrangements will emerge.
Douglass North
I am confident that the enactment of the right bill next year will in due course increase our gross national product by several times the amount of taxes actually cut. Profit margins will be improved and both the incentive to invest and the supply of internal funds for investment will be increased. There will be new interest in taking risks, in increasing productivity, in creating new jobs and new products for long-term economic growth. Other national problems, moreover, will be aided by full employment. It will encourage the location of new plants in areas of labor surplus and provide new jobs for workers that we are retraining and facilitate the adjustment which will be necessary under our new trade expansion bill and reduce a number of government expenditures.
John F. Kennedy
My mother saw herself as a victim. Once upon a time she had shaped her future and made decisions -- she had left Somalia for Aden, divorced her first husband and chosen my father--but at some point, it seemed, she lost hope. Many Somali women in her position would have worked, would have taken control of their lives, but my mother, having absorbed the Arab attitude that pious women should not work outside the home, felt that this would not be proper. It never occurred to her to go out and create a new life for herself, although she can't have been older than thirty-five or forty when my father left. Instead, she remained completely dependent. She nursed grievances; she was resentful; she was often violent; and she was always depressed.
Ayaan Hirsi Ali