The extraordinary genius of John D. Rockefeller and Andrew Carnegie 100 years ago was their recognition that the great wealth they had amassed could be put to public good and used to solve the complex problems for which there were no other sources of capital.
Judith RodinRelated topics
complex genius good great john public wealth 100 years Rockefeller CarnegieRelated quotes
It is as to whether its services or uses are to be exchanged or not which makes a tool an article of capital or merely an article of wealth. Thus, the lathe of a manufacturer used in making things which are to be exchanged is capital, while the lathe kept by a gentleman for his own amusement is not.
Henry George